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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.099%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$830.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.099%, 7d avg −0.087%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPX_USDT0.50640.0100pay 0.0050% / 4h1h 30m$11.9M$4.7M100x
ShortOKX SPX-USDT-SWAP0.50590.0100get 0.0050% / 4h1h 30m$945K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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
Price spread: −0.099% → −0.087%
−$1.16
Slippage, 4 orders
−$68.9
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$84.06
Costs to cover
0.829%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 2 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 MEXC live order book, 3 min ago3.95 bp10.7 bp −$1127.3 bp −$273167.8 bp −$16.8Kdoesn't fit
Sell OKX live order book, 2 min ago4.94 bp30.0 bp −$30doesn'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%1h0.4979−1.679%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5067+0.061%$136K$359K5xas long as short
Hyperliquid SPX+0.0100%1h0.5066+0.032%$10.2M$7.4M5xas long as short
Binance SPXUSDT+0.0100%4h0.5065+0.017%$5.1M$21.1M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5058−0.118%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAPshort+0.0100%4h0.5059−0.099%$945K$2.9M20x
Gate SPX_USDT+0.0100%4h0.5059−0.099%$1.0M$557K50xas long as short
MEXC SPX_USDTlong+0.0100%4h0.5064long leg$11.9M$4.7M100x
KuCoin SPXUSDTM+0.0100%4h0.5065+0.020%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.50640.000%$2.6M$1.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SPX-USDT+0.0100%4h0.5063−0.020%$6.9Mas long as short
Variational Omni SPX+0.0100%4h0.5059−0.090%$887K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5061−0.059%$45K$243K25xas long as short
SunX SPX-USDT+0.0100%4h0.5057−0.138%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5062−0.048%$33K$251K10xas long as short
Aster SPXUSDT+0.0135%4h0.5069+0.100%$129K$111K10xas long as short
Orderly PERP_SPX_USDC+0.0141%4h0.5069+0.099%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5063−0.020%$256K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.1424%1h0.5067+0.060%$251K$544K20xas long as short