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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX+0.059%47s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2912.914% 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 4 days (all we have)+0.613%+$61 · spread now +0.059%, 7d avg +0.050%
Together, before fees+0.613%+$61 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPX-USDT0.51100.0100pay 0.0050% / 4h3h 34m$8K$1.8M20x
ShortOKX SPX-USDT-SWAP0.51130.0100get 0.0050% / 4h3h 34m$982K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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: +0.059% → +0.050%
$0.82
Slippage, 4 orders
−$273.38
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$290.56
Costs to cover
2.914%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; OKX: 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 SunX live order book, 11 min ago31.12 bp107.8 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.93 bp36.9 bp −$37doesn'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%1h0.4979−2.564%$9$4K5.5xas long as short
Variational Omni SPX+0.0083%4h0.5114+0.081%$954K$1.6Mas long as short
Lighter SPX+0.0096%1h0.5126+0.315%$141K$406K5xas long as short
Hyperliquid SPX+0.0100%1h0.5124+0.272%$10.4M$8.4M5xas long as short
Aster SPXUSDT+0.0100%4h0.5123+0.264%$137K$93K10xas long as short
Binance SPXUSDT+0.0100%4h0.5119+0.184%$5.1M$23.8M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5111+0.020%$11.8M$17.9M50xas long as short
OKX SPX-USDT-SWAPshort+0.0100%4h0.5113+0.059%$982K$3.4M20x
Gate SPX_USDT+0.0100%4h0.5116+0.117%$1.0M$646K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5122+0.235%$11.7M$5.0M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5120+0.196%$3.7M$5.5M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5122+0.235%$2.6M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5117+0.137%$7.0Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5127+0.333%$26K$249K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5128+0.352%$20K$59910xas long as short
SunX SPX-USDTlong+0.0100%4h0.5110long leg$8K$1.8M20x
Extended SPX-USD+0.0104%1h0.5115+0.101%$46K$314K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5127+0.333%$251K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1470%1h0.5136+0.518%$260K$553K20xas long as short