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

SPX

all SPX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Aster against Lighter−0.050%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2452.449% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.050%, 7d avg −0.039%
Together, before fees+0.042%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SPX0.51370.0096pay 0.0012% / 1h49m 07s$141K$405K5x
ShortAster SPXUSDT0.51340.0100get 0.0050% / 4h3h 49m$137K$93K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$0.84
Price spread: −0.050% → −0.039%
−$1.04
Slippage, 4 orders
−$236.89
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$245.1
Costs to cover
2.449%
Break-even
2049.5 days
Slippage from Lighter: live order book, 40 min ago; Aster: live order book, 47 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 Lighter live order book, 40 min ago19.99 bp25.7 bp −$2676.7 bp −$767doesn't fitdoesn't fit
Sell Aster live order book, 47 min ago17.62 bp27.0 bp −$27doesn't fitdoesn't fitdoesn'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%1h0.4979−3.068%$9$4K5.5xas long as short
Variational Omni SPX+0.0086%4h0.5116−0.398%$950K$1.6Mas long as short
Lighter SPXlong+0.0096%1h0.5137long leg$141K$405K5x
Hyperliquid SPX+0.0100%1h0.5136−0.008%$10.4M$8.4M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5134−0.050%$137K$93K10x
Binance SPXUSDT+0.0100%4h0.5136−0.012%$5.1M$23.8M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5126−0.206%$11.8M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5133−0.070%$980K$3.4M20xas long as short
Gate SPX_USDT+0.0100%4h0.5131−0.109%$1.0M$643K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5133−0.070%$11.7M$5.0M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5132−0.090%$3.7M$5.5M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5133−0.070%$2.6M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5130−0.128%$7.0Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5115−0.421%$26K$249K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5136−0.012%$20K$59910xas long as short
SunX SPX-USDT+0.0100%4h0.5126−0.206%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5132−0.085%$44K$309K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5138+0.027%$251K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1467%1h0.5145+0.159%$260K$553K20xas long as short