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 +0.055%
Price spread now: BingX against Variational Omni+1.613%7-day average +0.092% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−1.939%−$194 · spread now +1.613%, 7d avg +0.092%
Together, before fees−1.766%+ Points / potential airdropVariational Omni: Active · farm board−$177 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 1.521% dearer against Variational Omni than usual: you sell high and buy low, +$152 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPX0.50760.0100pay 0.0050% / 4h2h 16m$935K$1.5M
ShortBingX SPX-USDT0.51580.0100get 0.0050% / 4h2h 16m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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: +1.613% → +0.092%
$152.07
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$142.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago5.80 bpdoesn't fit100.6 bp −$1,006doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago7.90 bp26.8 bp −$2767.9 bp −$679304.3 bp −$30.4K1046.0 bp −$523.0K

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%1h0.4979−1.913%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5161+1.682%$141K$380K5xas long as short
Hyperliquid SPX+0.0100%1h0.5158+1.619%$10.5M$7.9M5xas long as short
Aster SPXUSDT+0.0100%4h0.5169+1.830%$138K$130K10xas long as short
Binance SPXUSDT+0.0100%4h0.5159+1.634%$5.1M$22.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5134+1.140%$11.7M$17.2M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5143+1.318%$944K$3.2M20xas long as short
Gate SPX_USDT+0.0100%4h0.5167+1.791%$1.0M$610K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5158+1.613%$11.9M$5.2M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5168+1.810%$3.7M$5.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5145+1.357%$2.7M$1.5M50xas long as short
BingX SPX-USDTshort+0.0100%4h0.5158+1.613%$6.9M
Variational Omni SPXlong+0.0100%4h0.5076long leg$935K$1.5M
ApeX Omni SPXUSDT+0.0100%1h0.5171+1.869%$26K$254K25xas long as short
SunX SPX-USDT+0.0100%4h0.5147+1.397%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5140+1.251%$34K$254K10xas long as short
Orderly PERP_SPX_USDC+0.0192%4h0.5166+1.771%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5155+1.554%$245K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1423%1h0.5168+1.803%$253K$539K20xas long as short