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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Gate+0.078%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1911.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days+0.056%+$6 · spread now +0.078%, 7d avg +0.068%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPX_USDT0.51360.0100pay 0.0050% / 4h3h 46m$1.0M$643K50x
ShortMEXC SPX_USDT0.51400.0100get 0.0050% / 4h3h 46m$11.7M$5.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
Price spread: +0.078% → +0.068%
$1
Slippage, 4 orders
−$171.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$189.82
Costs to cover
1.908%
Break-even
never at this rate
Slippage from Gate: live order book, just now; MEXC: live order book, 1 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 Gate live order book, just now7.80 bp78.5 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago4.85 bp13.1 bp −$1340.9 bp −$409181.6 bp −$18.2Kdoesn'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%1h0.4979−3.057%$9$4K5.5xas long as short
Variational Omni SPX+0.0086%4h0.5116−0.386%$950K$1.6Mas long as short
Lighter SPX+0.0096%1h0.5142+0.119%$141K$406K5xas long as short
Hyperliquid SPX+0.0100%1h0.5136−0.002%$10.4M$8.4M5xas long as short
Aster SPXUSDT+0.0100%4h0.5142+0.112%$137K$93K10xas long as short
Binance SPXUSDT+0.0100%4h0.5140+0.082%$5.1M$23.9M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5133−0.058%$11.9M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5135−0.019%$981K$3.4M20xas long as short
Gate SPX_USDTlong+0.0100%4h0.5136long leg$1.0M$643K50x
MEXC SPX_USDTshort+0.0100%4h0.5140+0.078%$11.7M$5.0M100x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5134−0.039%$3.7M$5.5M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5135−0.019%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5135−0.019%$7.0Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5135−0.019%$26K$249K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5152+0.312%$20K$59910xas long as short
SunX SPX-USDT+0.0100%4h0.5135−0.019%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5133−0.065%$44K$309K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5150+0.273%$252K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1466%1h0.5151+0.287%$260K$553K20xas long as short