Spread before costs (cost unknown: a leg has no order-book sample)+0.467%
7d average−0.010%if it closes, per $10,000$47funding while held, a day−$8.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPXUSDT | 0.4985 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $11.4M | $14.0M | 50x |
| Short | Variational Omni SPX | 0.5008 | −0.0179 | pay 0.0089% / 4h | 2h 24m | $878K | $1.1M | — |
Bybit SPXUSDT
Variational Omni 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
- $46.69
- Funding while held
- −$8.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $27.33
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0279%
- Per $10,000 a day
- −$8.36
- 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 Bybit live order book, 5 min ago | 1.00 bp | 16.3 bp −$16 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.98 bp | doesn't fit | 54.8 bp −$548 | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapest
InjectiveBybit0.4985+0.121%
OKX0.4989+0.201%SunX0.4997+0.362%BingX0.5000+0.422%Extended0.5000+0.423%Bitget0.5001+0.442%Hyperliquid0.5002+0.458%Binance0.5003+0.483%MEXC0.5004+0.502%Gate0.5005+0.522%KuCoin0.5005+0.522%ApeX Omni0.5006+0.542%BloFin0.5008+0.582%
OKX
SunX
BingX
Extended
Bitget
Hyperliquid
Binance
MEXC
Gate
KuCoin
ApeX Omni
BloFinVariational Omni0.5008+0.588%
Lighter0.5010+0.627%Orderly0.5013+0.683%Aster0.5018+0.791%Kraken Futures0.5020+0.820%
Lighter
Orderly
Aster
Kraken FuturesSPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −0.120% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Bybit SPXUSDTlong | 0.000% | +0.0100% | 4h | $11.4M | $14.0M | 50x | |
| OKX SPX-USDT-SWAP | +0.080% | +0.0100% | 4h | $981K | $2.3M | 20x | as long as short |
| SunX SPX-USDT | +0.241% | +0.0100% | 4h | $8K | $1.4M | 20x | as long as short |
| BingX SPX-USDT | +0.301% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Extended SPX-USD | +0.302% | +0.0104% | 1h | $34K | $218K | 10x | as long as short |
| Bitget SPXUSDT | +0.321% | +0.0100% | 4h | $2.5M | $1.2M | 50x | as long as short |
| Hyperliquid SPX | +0.337% | +0.0100% | 1h | $9.2M | $5.5M | 5x | as long as short |
| Binance SPXUSDT | +0.362% | +0.0100% | 4h | $4.8M | $16.5M | 75x | as long as short |
| MEXC SPX_USDT | +0.381% | +0.0100% | 4h | $9.6M | $4.3M | 100x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SPX_USDT | +0.401% | +0.0100% | 4h | $994K | $392K | 50x | as long as short |
| KuCoin SPXUSDTM | +0.401% | +0.0100% | 4h | $3.8M | $5.0M | 50x | as long as short |
| ApeX Omni SPXUSDT | +0.421% | +0.0100% | 1h | $49K | $243K | 25x | as long as short |
| BloFin SPX-USDT | +0.461% | +0.0340% | 4h | $256K | $923K | 75x | as long as short |
| Variational Omni SPXshort | +0.467% | −0.0179% | 4h | $878K | $1.1M | — | |
| Lighter SPX | +0.506% | +0.0096% | 1h | $143K | $263K | 5x | as long as short |
| Orderly PERP_SPX_USDC | +0.562% | +0.0100% | 4h | $19K | $200 | 10x | as long as short |
| Aster SPXUSDT | +0.670% | +0.0100% | 4h | $131K | $80K | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.698% | +0.1632% | 1h | $249K | $341K | 20x | as long as short |