After costs, if the gap returns to its 7d average, $10k−$173
spread now+0.364%7d average+0.131%fees + slippage, in and out−$196spread needed1.959%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPXUSDTM | 0.5141 | −0.0050 | get 0.0025% / 4h | 8m 33s | $3.8M | $5.0M | 50x |
| Short | Hyperliquid SPX | 0.5160 | 0.0100 | get 0.0013% / 1h | 8m 33s | $9.0M | $4.9M | 5x |
KuCoin SPXUSDTM
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
- $36.37
- Funding while held
- $4.5
- Slippage, 4 orders
- −$174.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$155.02
- Spread needed to break even
- 1.959%
Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0150%
- Per $10,000 a day
- +$4.50
- 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 KuCoin live order book, 6 min ago | 1.97 bp | 81.3 bp −$81 | 445.0 bp −$4,450 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 3.82 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestSunX0.5119+2.812%BingX0.5125+2.932%OKX0.5131+3.053%BloFin0.5132+3.073%Bybit0.5133+3.093%Orderly0.5136+3.153%Extended0.5139+3.206%Gate0.5141+3.254%
Injective
SunX
BingX
OKX
BloFin
Bybit
Orderly
Extended
GateKuCoin0.5141+3.254%
Bitget0.5143+3.294%Variational Omni0.5143+3.299%Aster0.5144+3.314%Kraken Futures0.5145+3.330%Lighter0.5145+3.342%MEXC0.5146+3.354%Binance0.5146+3.355%ApeX Omni0.5152+3.475%
Bitget
Variational Omni
Aster
Kraken Futures
Lighter
MEXC
Binance
ApeX OmniHyperliquid0.5160+3.629%
SPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −3.151% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| SunX SPX-USDT | −0.428% | +0.0100% | 4h | $8K | $1.3M | 20x | as long as short |
| BingX SPX-USDT | −0.311% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| OKX SPX-USDT-SWAP | −0.195% | +0.0100% | 4h | $1.0M | $2.0M | 20x | as long as short |
| BloFin SPX-USDT | −0.175% | +0.0340% | 4h | $262K | $895K | 75x | as long as short |
| Bybit SPXUSDT | −0.156% | +0.0058% | 4h | $11.8M | $11.5M | 50x | as long as short |
| Orderly PERP_SPX_USDC | −0.097% | +0.0100% | 4h | $20K | $200 | 10x | as long as short |
| Extended SPX-USD | −0.046% | +0.0104% | 1h | $35K | $209K | 10x | as long as short |
| Gate SPX_USDT | 0.000% | +0.0048% | 4h | $1.0M | $384K | 50x | as long as short |
| KuCoin SPXUSDTMlong | 0.000% | −0.0050% | 4h | $3.8M | $5.0M | 50x |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.039% | +0.0100% | 4h | $2.7M | $1.1M | 50x | as long as short |
| Variational Omni SPX | +0.044% | −0.0176% | 4h | $840K | $405K | — | as long as short |
| Aster SPXUSDT | +0.058% | +0.0100% | 4h | $135K | $79K | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.074% | +0.0845% | 1h | $259K | $308K | 20x | as long as short |
| Lighter SPX | +0.086% | +0.0096% | 1h | $118K | $242K | 5x | as long as short |
| MEXC SPX_USDT | +0.097% | +0.0100% | 4h | $9.6M | $4.3M | 100x | as long as short |
| Binance SPXUSDT | +0.098% | +0.0100% | 4h | $5.0M | $14.2M | 75x | as long as short |
| ApeX Omni SPXUSDT | +0.214% | +0.0100% | 1h | $49K | $248K | 25x | as long as short |
| Hyperliquid SPXshort | +0.364% | +0.0100% | 1h | $9.0M | $4.9M | 5x |