data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

SPX

all SPX markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+1.071%
7d average−0.263%if it closes, per $10,000$107funding while held, a day−$9.90
Long on HyperliquidShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SPX0.50020.0100pay 0.0013% / 1h41m 55s$9.2M$5.5M5x
ShortVariational Omni SPX0.5055−0.0230pay 0.0115% / 4h2h 41m$896K$1.1M—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$107.12
Funding while held
−$9.9
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$88.22
Spread needed to break even
0.090%
Slippage unknown: Hyperliquid: live order book, 2 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0330%
Per $10,000 a day
−$9.90
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago2.88 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago5.95 bpdoesn't fit51.6 bp −$516doesn't fitdoesn't fit

SPX price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.4979cheapestSunX0.4993+0.281%Gate0.4997+0.362%Bybit0.4998+0.382%Extended0.4999+0.402%Bitget0.5001+0.442%BingX0.5001+0.442%
Hyperliquid0.5002+0.454%
OKX0.5002+0.462%KuCoin0.5002+0.462%Binance0.5002+0.472%Lighter0.5007+0.566%MEXC0.5009+0.603%Orderly0.5009+0.603%Kraken Futures0.5011+0.648%Aster0.5021+0.837%ApeX Omni0.5039+1.205%BloFin0.5042+1.265%
Variational Omni0.5055+1.530%

SPX on 19 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective SPX/USDC PERP−0.452%+0.0033%1h$9$4K5.5xas long as short
SunX SPX-USDT−0.172%+0.0100%4h$8K$1.4M20xas long as short
Gate SPX_USDT−0.092%+0.0100%4h$992K$391K50xas long as short
Bybit SPXUSDT−0.072%+0.0100%4h$11.5M$13.9M50xas long as short
Extended SPX-USD−0.051%+0.0104%1h$34K$219K10xas long as short
Bitget SPXUSDT−0.012%+0.0100%4h$2.6M$1.2M50xas long as short
BingX SPX-USDT−0.012%+0.0100%4h—$6.8M—as long as short
Hyperliquid SPXlong0.000%+0.0100%1h$9.2M$5.5M5x
OKX SPX-USDT-SWAP+0.008%+0.0100%4h$993K$2.2M20xas long as short
KuCoin SPXUSDTM+0.008%+0.0100%4h$3.7M$5.0M50xas long as short
Show all 19 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance SPXUSDT+0.018%+0.0100%4h$4.9M$16.3M75xas long as short
Lighter SPX+0.112%+0.0096%1h$137K$258K5xas long as short
MEXC SPX_USDT+0.148%+0.0100%4h$9.7M$4.2M100xas long as short
Orderly PERP_SPX_USDC+0.148%+0.0100%4h$19K$20010xas long as short
Kraken Futures PF_SPXUSD+0.193%+0.1635%1h$250K$337K20xas long as short
Aster SPXUSDT+0.381%+0.0100%4h$131K$80K10xas long as short
ApeX Omni SPXUSDT+0.748%+0.0100%1h$49K$246K25xas long as short
BloFin SPX-USDT+0.808%+0.0340%4h$264K$923K75xas long as short
Variational Omni SPXshort+1.071%−0.0230%4h$896K$1.1M—