After costs, if the gap returns to its 7d average, $10k−$60
spread now+0.275%7d average+0.106%fees + slippage, in and out−$77spread needed0.770%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPX-USDT | 0.5063 | 0.0340 | pay 0.0170% / 4h | 15m 04s | $263K | $879K | 75x |
| Short | Hyperliquid SPX | 0.5077 | 0.0100 | get 0.0013% / 1h | 15m 04s | $8.8M | $4.9M | 5x |
BloFin SPX-USDT
Hyperliquid SPXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $27.45
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$55.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$56.73
- Spread needed to break even
- 0.770%
Slippage from BloFin: live order book, 33 min ago; Hyperliquid: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- Average in range /8h
- —
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, 33 min ago | 4.84 bp | 16.9 bp −$17 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.57 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestVariational Omni0.5033+1.076%SunX0.5052+1.466%ApeX Omni0.5056+1.546%Gate0.5058+1.587%MEXC0.5060+1.627%Aster0.5060+1.636%KuCoin0.5061+1.647%
Injective
Variational Omni
SunX
ApeX Omni
Gate
MEXC
Aster
KuCoinBloFin0.5063+1.687%
BingX0.5064+1.707%Orderly0.5064+1.707%Binance0.5065+1.724%Bybit0.5066+1.747%Lighter0.5067+1.775%Bitget0.5073+1.888%Kraken Futures0.5074+1.915%Extended0.5075+1.921%OKX0.5075+1.928%
BingX
Orderly
Binance
Bybit
Lighter
Bitget
Kraken Futures
Extended
OKXHyperliquid0.5077+1.966%
SPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −1.659% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | −0.601% | −0.0199% | 4h | $818K | $401K | — | as long as short |
| SunX SPX-USDT | −0.217% | +0.0100% | 4h | $8K | $1.3M | 20x | as long as short |
| ApeX Omni SPXUSDT | −0.138% | +0.0100% | 1h | $49K | $248K | 25x | as long as short |
| Gate SPX_USDT | −0.099% | +0.0036% | 4h | $1.0M | $380K | 50x | as long as short |
| MEXC SPX_USDT | −0.059% | +0.0100% | 4h | $9.4M | $4.2M | 100x | as long as short |
| Aster SPXUSDT | −0.050% | +0.0100% | 4h | $133K | $79K | 10x | as long as short |
| KuCoin SPXUSDTM | −0.040% | −0.0088% | 4h | $3.8M | $5.0M | 50x | as long as short |
| BloFin SPX-USDTlong | 0.000% | +0.0340% | 4h | $263K | $879K | 75x | |
| BingX SPX-USDT | +0.020% | +0.0100% | 4h | — | $6.8M | — | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX_USDC | +0.020% | +0.0100% | 4h | $20K | $200 | 10x | as long as short |
| Binance SPXUSDT | +0.036% | +0.0100% | 4h | $4.8M | $13.9M | 75x | as long as short |
| Bybit SPXUSDT | +0.059% | +0.0048% | 4h | $11.7M | $11.4M | 50x | as long as short |
| Lighter SPX | +0.087% | +0.0096% | 1h | $116K | $242K | 5x | as long as short |
| Bitget SPXUSDT | +0.198% | +0.0100% | 4h | $2.6M | $1.1M | 50x | as long as short |
| Kraken Futures PF_SPXUSD | +0.224% | +0.0857% | 1h | $253K | $302K | 20x | as long as short |
| Extended SPX-USD | +0.230% | +0.0104% | 1h | $35K | $208K | 10x | as long as short |
| OKX SPX-USDT-SWAP | +0.237% | +0.0100% | 4h | $999K | $2.0M | 20x | as long as short |
| Hyperliquid SPXshort | +0.275% | +0.0100% | 1h | $8.8M | $4.9M | 5x |