After costs, if the gap returns to its 7d average, $10k−$155
spread now−0.064%7d average−0.130%fees + slippage, in and out−$162spread needed1.620%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SPX | 0.5016 | 0.0454 | pay 0.0057% / 1h | 41m 24s | $9.4M | $5.8M | 5x |
| Short | KuCoin SPXUSDTM | 0.5013 | 0.0100 | get 0.0050% / 4h | 1h 41m | $3.7M | $5.1M | 50x |
Hyperliquid SPX
KuCoin SPXUSDTMPrice 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
- −$6.38
- Funding while held
- −$10.62
- Slippage, 4 orders
- −$141
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$179
- Spread needed to break even
- 1.620%
Slippage from Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0354%
- Per $10,000 a day
- −$10.62
- 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, 2 min ago | 1.59 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.99 bp | 69.7 bp −$70 | 296.3 bp −$2,963 | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestBybit0.5001+0.442%SunX0.5006+0.542%BingX0.5008+0.582%Bitget0.5009+0.603%OKX0.5010+0.623%MEXC0.5011+0.643%Binance0.5011+0.643%Gate0.5012+0.663%
Injective
Bybit
SunX
BingX
Bitget
OKX
MEXC
Binance
GateKuCoin0.5013+0.683%
Extended0.5014+0.694%Variational Omni0.5016+0.736%
Extended
Variational OmniHyperliquid0.5016+0.747%
Aster0.5017+0.756%ApeX Omni0.5017+0.763%Orderly0.5017+0.763%BloFin0.5017+0.763%Kraken Futures0.5018+0.782%Lighter0.5018+0.789%
Aster
ApeX Omni
Orderly
BloFin
Kraken Futures
LighterSPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −0.742% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Bybit SPXUSDT | −0.303% | +0.0100% | 4h | $11.4M | $14.4M | 50x | as long as short |
| SunX SPX-USDT | −0.203% | +0.0100% | 4h | $8K | $1.5M | 20x | as long as short |
| BingX SPX-USDT | −0.163% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bitget SPXUSDT | −0.144% | +0.0100% | 4h | $2.5M | $1.3M | 50x | as long as short |
| OKX SPX-USDT-SWAP | −0.124% | +0.0100% | 4h | $974K | $2.3M | 20x | as long as short |
| MEXC SPX_USDT | −0.104% | +0.0100% | 4h | $10.5M | $4.4M | 100x | as long as short |
| Binance SPXUSDT | −0.103% | +0.0100% | 4h | $4.8M | $17.3M | 75x | as long as short |
| Gate SPX_USDT | −0.084% | +0.0100% | 4h | $1.0M | $413K | 50x | as long as short |
| KuCoin SPXUSDTMshort | −0.064% | +0.0100% | 4h | $3.7M | $5.1M | 50x |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SPX-USD | −0.053% | +0.0104% | 1h | $34K | $218K | 10x | as long as short |
| Variational Omni SPX | −0.011% | −0.0161% | 4h | $830K | $1.2M | — | as long as short |
| Hyperliquid SPXlong | 0.000% | +0.0454% | 1h | $9.4M | $5.8M | 5x | |
| Aster SPXUSDT | +0.009% | +0.0100% | 4h | $131K | $81K | 10x | as long as short |
| ApeX Omni SPXUSDT | +0.016% | +0.0100% | 1h | $45K | $245K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.016% | +0.0100% | 4h | $19K | $200 | 10x | as long as short |
| BloFin SPX-USDT | +0.016% | +0.0340% | 4h | $249K | $920K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.034% | +0.0957% | 1h | $242K | $363K | 20x | as long as short |
| Lighter SPX | +0.042% | +0.0096% | 1h | $119K | $295K | 5x | as long as short |