After costs, if the gap returns to its 7d average, $10k−$79
spread now+0.055%7d average−0.220%fees + slippage, in and out−$107spread needed1.069%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SPX | 0.5005 | 0.0100 | pay 0.0013% / 1h | 41m 07s | $9.2M | $5.5M | 5x |
| Short | Extended SPX-USD | 0.5008 | 0.0104 | get 0.0013% / 1h | 41m 07s | $34K | $219K | 10x |
Hyperliquid SPX
Extended SPX-USDPrice 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
- $5.54
- Funding while held
- $0.12
- Slippage, 4 orders
- −$92.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$101.25
- Spread needed to break even
- 1.069%
Slippage from Hyperliquid: live order book, 3 min ago; Extended: live order book, 13 min ago.
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 Hyperliquid live order book, 3 min ago | 2.88 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 13 min ago | 3.35 bp | 37.2 bp −$37 | 237.4 bp −$2,374 | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestBitget0.4996+0.341%Gate0.4997+0.362%BingX0.4997+0.362%Bybit0.5001+0.442%SunX0.5004+0.502%Aster0.5004+0.511%Binance0.5005+0.526%
Injective
Bitget
Gate
BingX
Bybit
SunX
Aster
BinanceHyperliquid0.5005+0.526%
OKX0.5006+0.542%KuCoin0.5006+0.542%MEXC0.5007+0.562%
OKX
KuCoin
MEXCExtended0.5008+0.582%
BloFin0.5009+0.603%Lighter0.5017+0.753%Orderly0.5017+0.763%Kraken Futures0.5028+0.976%ApeX Omni0.5039+1.205%Variational Omni0.5055+1.530%
BloFin
Lighter
Orderly
Kraken Futures
ApeX Omni
Variational OmniSPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −0.523% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Bitget SPXUSDT | −0.184% | +0.0100% | 4h | $2.6M | $1.2M | 50x | as long as short |
| Gate SPX_USDT | −0.164% | +0.0100% | 4h | $993K | $391K | 50x | as long as short |
| BingX SPX-USDT | −0.164% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bybit SPXUSDT | −0.084% | +0.0100% | 4h | $11.5M | $14.0M | 50x | as long as short |
| SunX SPX-USDT | −0.024% | +0.0100% | 4h | $8K | $1.4M | 20x | as long as short |
| Aster SPXUSDT | −0.015% | +0.0100% | 4h | $130K | $80K | 10x | as long as short |
| Binance SPXUSDT | 0.000% | +0.0100% | 4h | $4.8M | $16.4M | 75x | as long as short |
| Hyperliquid SPXlong | 0.000% | +0.0100% | 1h | $9.2M | $5.5M | 5x | |
| OKX SPX-USDT-SWAP | +0.016% | +0.0100% | 4h | $993K | $2.2M | 20x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.016% | +0.0100% | 4h | $3.7M | $5.0M | 50x | as long as short |
| MEXC SPX_USDT | +0.036% | +0.0100% | 4h | $9.7M | $4.2M | 100x | as long as short |
| Extended SPX-USDshort | +0.055% | +0.0104% | 1h | $34K | $219K | 10x | |
| BloFin SPX-USDT | +0.076% | +0.0340% | 4h | $262K | $920K | 75x | as long as short |
| Lighter SPX | +0.226% | +0.0096% | 1h | $138K | $258K | 5x | as long as short |
| Orderly PERP_SPX_USDC | +0.236% | +0.0100% | 4h | $19K | $200 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.447% | +0.1630% | 1h | $250K | $337K | 20x | as long as short |
| ApeX Omni SPXUSDT | +0.675% | +0.0100% | 1h | $49K | $246K | 25x | as long as short |
| Variational Omni SPX | +0.999% | −0.0230% | 4h | $896K | $1.1M | — | as long as short |