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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.013%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.013%, 7d avg +0.084%
Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.097% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPX-USD0.50800.0104pay 0.0013% / 1h55m 47s$33K$242K10x
ShortBitget SPXUSDT0.50790.0100get 0.0050% / 4h3h 55m$2.6M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: −0.013% → +0.084%
−$9.7
Slippage, 4 orders
−$110.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$137.65
Costs to cover
1.271%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; Bitget: live order book, 2 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 Extended live order book, 61 min ago3.29 bp25.7 bp −$26199.0 bp −$1,990doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago11.82 bp37.3 bp −$37133.9 bp −$1,339doesn'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%1h0.4979−1.981%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5095+0.296%$137K$355K5xas long as short
Binance SPXUSDT+0.0100%4h0.5092+0.238%$5.1M$21.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5091+0.224%$11.5M$16.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5094+0.283%$942K$3.0M20xas long as short
Gate SPX_USDT+0.0100%4h0.5075−0.091%$1.0M$566K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5094+0.283%$11.8M$4.9M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5080+0.007%$3.7M$5.3M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5079−0.013%$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5084+0.086%$6.9Mas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPX+0.0100%4h0.5073−0.138%$853K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5053−0.524%$26K$254K25xas long as short
SunX SPX-USDT+0.0100%4h0.5057−0.446%$8K$1.7M20xas long as short
Extended SPX-USDlong+0.0104%1h0.5080long leg$33K$242K10x
Orderly PERP_SPX_USDC+0.0192%4h0.5086+0.125%$20K$59910xas long as short
Aster SPXUSDT+0.0217%4h0.5070−0.180%$135K$122K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5061−0.367%$249K$1.0M75xas long as short
Hyperliquid SPX+0.0508%1h0.5092+0.253%$10.3M$7.7M5xas long as short
Kraken Futures PF_SPXUSD+0.1234%1h0.5099+0.380%$249K$551K20xas long as short