Spread before costs (cost unknown: a leg has no order-book sample)+0.005%
7d average+0.221%if it closes, per $10,000$1funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5281 | 0.0104 | pay 0.0013% / 1h | 33m 33s | $36K | $218K | 10x |
| Short | Hyperliquid SPX | 0.5281 | 0.0100 | get 0.0013% / 1h | 33m 33s | $9.8M | $5.4M | 5x |
Extended SPX-USD
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
- $0.51
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13.61
- Spread needed to break even
- 0.140%
Slippage unknown: Extended: live order book, 26 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended live order book, 26 min ago | 3.68 bp | 34.3 bp −$34 | 243.8 bp −$2,438 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 3.87 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapest
BloFin0.5209+4.619%Variational Omni0.5221+4.867%SunX0.5222+4.880%ApeX Omni0.5223+4.901%Orderly0.5239+5.222%Kraken Futures0.5250+5.442%OKX0.5270+5.845%Aster0.5276+5.967%Lighter0.5278+5.995%Binance0.5278+6.005%Bybit0.5279+6.025%
Injective
BloFin
Variational Omni
SunX
ApeX Omni
Orderly
Kraken Futures
OKX
Aster
Lighter
Binance
BybitExtended0.5281+6.062%
Hyperliquid0.5281+6.067%
KuCoin0.5286+6.166%Bitget0.5286+6.166%MEXC0.5287+6.186%Gate0.5288+6.206%BingX0.5290+6.246%
KuCoin
Bitget
MEXC
Gate
BingXSPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −5.716% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| BloFin SPX-USDT | −1.360% | +0.0340% | 4h | $264K | $921K | 75x | as long as short |
| Variational Omni SPX | −1.127% | −0.0315% | 4h | $925K | $491K | — | as long as short |
| SunX SPX-USDT | −1.114% | +0.0100% | 4h | $8K | $1.4M | 20x | as long as short |
| ApeX Omni SPXUSDT | −1.095% | +0.0100% | 1h | $50K | $247K | 25x | as long as short |
| Orderly PERP_SPX_USDC | −0.792% | +0.0100% | 4h | $20K | $200 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | −0.585% | +0.1251% | 1h | $265K | $320K | 20x | as long as short |
| OKX SPX-USDT-SWAP | −0.205% | +0.0100% | 4h | $1.0M | $2.2M | 20x | as long as short |
| Aster SPXUSDT | −0.089% | +0.0100% | 4h | $139K | $82K | 10x | as long as short |
| Lighter SPX | −0.063% | +0.0096% | 1h | $144K | $254K | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SPXUSDT | −0.054% | +0.0100% | 4h | $5.2M | $15.5M | 75x | as long as short |
| Bybit SPXUSDT | −0.035% | +0.0100% | 4h | $12.6M | $12.6M | 50x | as long as short |
| Extended SPX-USDlong | 0.000% | +0.0104% | 1h | $36K | $218K | 10x | |
| Hyperliquid SPXshort | +0.005% | +0.0100% | 1h | $9.8M | $5.4M | 5x | |
| KuCoin SPXUSDTM | +0.098% | +0.0006% | 4h | $3.9M | $5.0M | 50x | as long as short |
| Bitget SPXUSDT | +0.098% | +0.0100% | 4h | $2.8M | $1.1M | 50x | as long as short |
| MEXC SPX_USDT | +0.117% | +0.0100% | 4h | $10.0M | $4.2M | 100x | as long as short |
| Gate SPX_USDT | +0.136% | +0.0100% | 4h | $1.0M | $375K | 50x | as long as short |
| BingX SPX-USDT | +0.174% | +0.0100% | 4h | — | $6.7M | — | as long as short |