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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.039%
Price spread now: HTX against MEXC−0.120%50s7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.120%, 7d avg −0.144%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.024% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.144%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPX500_USDT7,767.1−0.0086get 0.0086% / 8h46m 26s$72.1M$45.4M200x
ShortHTX SPX500-USDT7,757.80.0050get 0.0006% / 1h46m 26s$501K$230K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$28.56
Price spread: −0.120% → −0.144%
$2.43
Slippage, 4 orders
−$20.7
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$1.71
Costs to cover
0.327%
Break-even
7.4 days
Slippage from MEXC: live order book, 3 min ago; HTX: live order book, 57 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 ago0.06 bp0.1 bp $00.4 bp −$44.0 bp −$40381.1 bp −$40.6K
Sell HTX live order book, 57 min ago7.79 bp16.1 bp −$16doesn't fitdoesn't fitdoesn't fit

SPX500 on 5 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
Orderly PERP_SPX500_USDC−0.0302%8h7,765−0.027%$361K$127K20xas long as short
Gate SPX500_USDT−0.0200%8h7,753.2−0.179%$1.7M$93K100xas long as short
MEXC SPX500_USDTlong−0.0086%8h7,767.1long leg$72.1M$45.4M200x
SunX SPX500-USDT+0.0050%1h7,709.7−0.739%$2K$2.4M20xas long as short
HTX SPX500-USDTshort+0.0050%1h7,757.8−0.120%$501K$230K30x