Settings8H · net · $10k
Funding arb · Price arb /

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.020%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.085%+$8 · spread now −0.020%, 7d avg −0.027%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.50550.0100pay 0.0050% / 4h1h 38m$5.1M$21.1M75x
ShortBitget SPXUSDT0.50540.0100get 0.0050% / 4h1h 38m$2.7M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: −0.020% → −0.027%
$0.67
Slippage, 4 orders
−$85.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$107.22
Costs to cover
1.079%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.98 bp25.3 bp −$2569.1 bp −$691doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago8.82 bp28.9 bp −$29113.7 bp −$1,137doesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SPX/USDC PERP+0.0033%1h0.4979−1.503%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5064+0.184%$136K$359K5xas long as short
Hyperliquid SPX+0.0100%1h0.5057+0.044%$10.1M$7.4M5xas long as short
Binance SPXUSDTlong+0.0100%4h0.5055long leg$5.1M$21.1M75x
Bybit SPXUSDT+0.0100%4h0.5049−0.119%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5050−0.099%$945K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5048−0.138%$1.0M$556K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5057+0.040%$11.9M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5054−0.020%$3.7M$5.3M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5054−0.020%$2.7M$1.4M50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SPX-USDT+0.0100%4h0.50550.000%$6.9Mas long as short
Variational Omni SPX+0.0100%4h0.5061+0.109%$888K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5109+1.068%$46K$243K25xas long as short
SunX SPX-USDT+0.0100%4h0.5039−0.317%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5052−0.057%$34K$251K10xas long as short
Aster SPXUSDT+0.0135%4h0.5050−0.102%$128K$111K10xas long as short
Orderly PERP_SPX_USDC+0.0139%4h0.5061+0.119%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5045−0.198%$254K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.1428%1h0.5052−0.055%$250K$544K20xas long as short