SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance+0.226%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$707as in the Price arb table

costs, in and out, $10k−$7297.288% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.226%, 7d avg +0.008%

Together, before fees−0.269%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.218% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPXUSDT	0.5064	0.0100	pay 0.0050% / 4h	1h 39m	$5.1M	$21.1M	75x
Short	Aster SPXUSDT	0.5076	0.0147	get 0.0073% / 4h	1h 39m	$129K	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now +0.226%Rate

Funding earned: $9.81
Price spread: +0.226% → +0.008%: $21.82
Slippage, 4 orders: −$710.84
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$697.21
Costs to cover: 7.288%
Break-even: 504.4 days

Slippage from Binance: live order book, 1 min ago; Aster: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 1 min ago	1.98 bp	25.3 bp −$25	69.1 bp −$691	doesn't fit	doesn't fit
Sell Aster live order book, 21 min ago	15.55 bp	38.5 bp −$39	doesn't fit	doesn't fit	doesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−1.682%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5067	+0.052%	$136K	$359K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5062	−0.035%	$10.2M	$7.4M	5x	as long as short
Binance SPXUSDTlong	+0.0100%	4h	0.5064	long leg	$5.1M	$21.1M	75x
Bybit SPXUSDT	+0.0100%	4h	0.5054	−0.201%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5057	−0.142%	$947K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5058	−0.122%	$1.0M	$555K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5063	−0.023%	$11.8M	$4.7M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5057	−0.142%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5064	−0.004%	$2.7M	$1.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDT	+0.0100%	4h	0.5060	−0.083%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5061	−0.072%	$888K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5109	+0.885%	$46K	$243K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5059	−0.102%	$8K	$1.6M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5057	−0.140%	$34K	$251K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0140%	4h	0.5079	+0.293%	$20K	$599	10x	as long as short
Aster SPXUSDTshort	+0.0147%	4h	0.5076	+0.226%	$129K	$111K	10x
BloFin SPX-USDT	+0.0340%	4h	0.5070	+0.115%	$255K	$1.1M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1421%	1h	0.5077	+0.244%	$251K	$544K	20x	as long as short