After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.120%7d average+0.103%fees + slippage, in and out−$43spread needed0.431%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX_USDT | 0.5187 | 0.0100 | pay 0.0050% / 4h | 58m 45s | $10.8M | $4.1M | 100x |
| Short | Hyperliquid SPX | 0.5193 | 0.0250 | get 0.0031% / 1h | 58m 45s | $10.4M | $6.6M | 5x |
MEXC SPX_USDT
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
- $11.95
- Funding while held
- $4.51
- Slippage, 4 orders
- −$30.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$26.61
- Spread needed to break even
- 0.431%
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0150%
- Per $10,000 a day
- +$4.51
- 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 MEXC live order book, 1 min ago | 1.93 bp | 9.6 bp −$10 | 31.2 bp −$312 | 141.4 bp −$14.1K | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.96 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestVariational Omni0.5164+3.718%Bybit0.5179+4.017%SunX0.5181+4.057%OKX0.5182+4.077%BingX0.5185+4.137%Gate0.5186+4.157%KuCoin0.5186+4.157%
Injective
Variational Omni
Bybit
SunX
OKX
BingX
Gate
KuCoinMEXC0.5187+4.178%
Binance0.5189+4.219%Aster0.5191+4.253%Lighter0.5191+4.258%Extended0.5191+4.265%ApeX Omni0.5192+4.278%BloFin0.5192+4.278%
Binance
Aster
Lighter
Extended
ApeX Omni
BloFinHyperliquid0.5193+4.302%
Bitget0.5195+4.338%Orderly0.5198+4.398%Kraken Futures0.5202+4.486%
Bitget
Orderly
Kraken FuturesSPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −4.010% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | −0.441% | −0.0071% | 4h | $871K | $1.2M | — | as long as short |
| Bybit SPXUSDT | −0.154% | +0.0100% | 4h | $11.9M | $14.9M | 50x | as long as short |
| SunX SPX-USDT | −0.116% | +0.0100% | 4h | $8K | $1.5M | 20x | as long as short |
| OKX SPX-USDT-SWAP | −0.096% | +0.0100% | 4h | $1.0M | $2.5M | 20x | as long as short |
| BingX SPX-USDT | −0.039% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Gate SPX_USDT | −0.019% | +0.0100% | 4h | $1.1M | $455K | 50x | as long as short |
| KuCoin SPXUSDTM | −0.019% | +0.0100% | 4h | $3.8M | $5.1M | 50x | as long as short |
| MEXC SPX_USDTlong | 0.000% | +0.0100% | 4h | $10.8M | $4.1M | 100x | |
| Binance SPXUSDT | +0.040% | +0.0100% | 4h | $5.3M | $18.4M | 75x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SPXUSDT | +0.073% | +0.0125% | 4h | $135K | $82K | 10x | as long as short |
| Lighter SPX | +0.077% | +0.0096% | 1h | $123K | $305K | 5x | as long as short |
| Extended SPX-USD | +0.084% | +0.0104% | 1h | $35K | $227K | 10x | as long as short |
| ApeX Omni SPXUSDT | +0.096% | +0.0100% | 1h | $47K | $245K | 25x | as long as short |
| BloFin SPX-USDT | +0.096% | +0.0340% | 4h | $277K | $991K | 75x | as long as short |
| Hyperliquid SPXshort | +0.120% | +0.0250% | 1h | $10.4M | $6.6M | 5x | |
| Bitget SPXUSDT | +0.154% | +0.0100% | 4h | $2.7M | $1.3M | 50x | as long as short |
| Orderly PERP_SPX_USDC | +0.212% | +0.0120% | 4h | $20K | $200 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.296% | +0.1899% | 1h | $286K | $450K | 20x | as long as short |