SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Aster against BloFin−0.108%7-day average −0.003% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$747as in the Price arb table

costs, in and out, $10k−$7367.361% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.356%−$36 on $10k

Price spread, last 3 days (all we have)+0.275%+$28 · spread now −0.108%, 7d avg −0.003%

Together, before fees−0.081%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.105% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPX-USDT	0.5142	0.0340	pay 0.0170% / 4h	3h 06m	$253K	$1.1M	75x
Short	Aster SPXUSDT	0.5136	0.0100	get 0.0050% / 4h	3h 06m	$130K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$50.4
Price spread: −0.108% → −0.003%: −$10.5
Slippage, 4 orders: −$716.11
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$797.01
Costs to cover: 7.361%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 64 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 BloFin live order book, 5 min ago	2.94 bp	20.0 bp −$20	36.4 bp −$364	doesn't fit	doesn't fit
Sell Aster live order book, 64 min ago	14.83 bp	25.7 bp −$26	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
Variational Omni SPX	+0.0022%	4h	0.5086	−1.086%	$851K	$1.3M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−3.170%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5136	−0.113%	$128K	$334K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5140	−0.031%	$10.1M	$7.6M	5x	as long as short
Aster SPXUSDTshort	+0.0100%	4h	0.5136	−0.108%	$130K	$110K	10x
Binance SPXUSDT	+0.0100%	4h	0.5129	−0.253%	$5.1M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5117	−0.486%	$11.6M	$16.0M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5118	−0.467%	$970K	$2.8M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5133	−0.175%	$1.1M	$521K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5129	−0.253%	$11.4M	$4.8M	100x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SPXUSDTM	+0.0100%	4h	0.5138	−0.078%	$3.8M	$5.4M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5139	−0.058%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5137	−0.097%	—	$6.8M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5119	−0.447%	$46K	$246K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.5141	−0.019%	$20K	$599	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5124	−0.350%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5136	−0.112%	$33K	$264K	10x	as long as short
BloFin SPX-USDTlong	+0.0340%	4h	0.5142	long leg	$253K	$1.1M	75x
Kraken Futures PF_SPXUSD	+0.0953%	1h	0.5139	−0.063%	$249K	$550K	20x	as long as short