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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.616% 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+0.048%+$5 · spread now 0.000%, 7d avg −0.003%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.49880.0100pay 0.0050% / 4h2h 04m$4.9M$19.6M75x
ShortMEXC SPX_USDT0.49880.0100get 0.0050% / 4h2h 04m$11.4M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → −0.003%
$0.31
Slippage, 4 orders
−$47.59
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$61.28
Costs to cover
0.616%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 3 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, 6 min ago1.99 bp24.0 bp −$2467.3 bp −$673doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago3.00 bp8.1 bp −$826.5 bp −$265141.7 bp −$14.2Kdoesn'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
Kraken Futures PF_SPXUSD−0.0416%1h0.4991+0.062%$231K$560K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−0.180%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.4990+0.034%$115K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.4985−0.064%$9.7M$7.3M5xas long as short
Aster SPXUSDT+0.0100%4h0.4992+0.080%$124K$99K10xas long as short
Binance SPXUSDTlong+0.0100%4h0.4988long leg$4.9M$19.6M75x
Bybit SPXUSDT+0.0100%4h0.4985−0.060%$11.6M$15.5M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.4987−0.020%$965K$2.6M20xas long as short
Gate SPX_USDT+0.0100%4h0.4984−0.080%$1.0M$479K50xas long as short
MEXC SPX_USDTshort+0.0100%4h0.49880.000%$11.4M$4.6M100x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.49880.000%$3.8M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.4992+0.080%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.4990+0.040%$6.9Mas long as short
Variational Omni SPX+0.0100%4h0.4978−0.195%$869K$1.3Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.4998+0.200%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.4997+0.180%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.4982−0.120%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.4992+0.079%$34K$226K10xas long as short
BloFin SPX-USDT+0.0340%4h0.4987−0.020%$250K$906K75xas long as short