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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.097%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.804% 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−0.053%−$5 · spread now +0.097%, 7d avg +0.085%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPX-USDT-SWAP0.51500.0100pay 0.0050% / 4h1h 00m$971K$3.4M20x
ShortMEXC SPX_USDT0.51550.0100get 0.0050% / 4h1h 00m$11.9M$5.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: +0.097% → +0.085%
$1.2
Slippage, 4 orders
−$66.4
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$79.2
Costs to cover
0.804%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 3 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 OKX live order book, 2 min ago2.92 bp41.4 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.91 bp10.5 bp −$1121.9 bp −$219165.8 bp −$16.6Kdoesn'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%1h0.4979−3.320%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5155+0.101%$140K$405K5xas long as short
Hyperliquid SPX+0.0100%1h0.5154+0.080%$10.4M$8.3M5xas long as short
Aster SPXUSDT+0.0100%4h0.5155+0.098%$138K$93K10xas long as short
Binance SPXUSDT+0.0100%4h0.5154+0.086%$5.2M$23.7M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5148−0.039%$11.8M$17.7M50xas long as short
OKX SPX-USDT-SWAPlong+0.0100%4h0.5150long leg$971K$3.4M20x
Gate SPX_USDT+0.0100%4h0.5148−0.039%$1.0M$653K50xas long as short
MEXC SPX_USDTshort+0.0100%4h0.5155+0.097%$11.9M$5.4M100x
KuCoin SPXUSDTM+0.0100%4h0.5152+0.039%$3.7M$5.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5156+0.117%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5152+0.039%$7.0Mas long as short
Variational Omni SPX+0.0100%4h0.5144−0.124%$995K$1.6Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5173+0.447%$26K$254K25xas long as short
SunX SPX-USDT+0.0100%4h0.5137−0.252%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5152+0.031%$33K$243K10xas long as short
Orderly PERP_SPX_USDC+0.0173%4h0.5156+0.117%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5147−0.058%$258K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1602%1h0.5170+0.392%$257K$555K20xas long as short