After costs, if the gap returns to its 7d average, $10k−$44
spread now+0.105%7d average−0.063%fees + slippage, in and out−$61spread needed0.610%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,743.9 | 0 | get 0.0000% / 8h | 7h 10m | $7.2M | $747K | 50x |
| Short | tradeXYZ xyz:SP500 | 7,752 | 0.0050 | get 0.0006% / 1h | 10m 17s | $432.9M | $234.4M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.46
- Funding while held
- $1.5
- Slippage, 4 orders
- −$31.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$49.06
- Spread needed to break even
- 0.610%
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 4.26 bp | 24.3 bp −$24 | 38.9 bp −$389 | 44.1 bp −$4,408 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.06 bp | 9.4 bp −$9 | 9.7 bp −$97 | 10.6 bp −$1,059 | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.SP500 on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −10.274% | −0.0220% | 1h | $6K | $125K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.263% | +0.0046% | 1h | $1.7M | $7.8M | 25x | as long as short |
| Variational Omni US500 | −0.213% | +0.0096% | 8h | $17.5M | $11.6M | — | as long as short |
| Bitget SP500USDTlong | 0.000% | 0.0000% | 8h | $7.2M | $747K | 50x | |
| Paradex US500-USD-PERP | +0.074% | +0.0050% | 8h | $42K | — | 5x | as long as short |
| Ondo Perps US500-USD.P | +0.075% | +0.0050% | 1h | $9.6M | $6.0M | 25x | as long as short |
| SoDEX US500-USD | +0.076% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Lighter US500 | +0.077% | +0.0032% | 1h | $3.1M | $22.3M | 50x | as long as short |
| Aftermath Perps US500USD | +0.082% | +0.0328% | 1h | $548 | $14K | 10x | as long as short |
| Pacifica SP500 | +0.085% | +0.0100% | 1h | $273K | $154K | 20x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.096% | +0.0048% | 1h | $547K | $210K | 20x | as long as short |
| Polymarket Perps SP500-USD | +0.099% | +0.0050% | 1h | $7.6M | $1.7M | 50x | as long as short |
| QFEX US500-USD | +0.102% | +0.0006% | 1h | $11.7M | $2.9M | 30x | as long as short |
| Bullet US500-USD | +0.104% | 0.0000% | 1h | $14K | $109K | 10x | as long as short |
| tradeXYZ xyz:SP500short | +0.105% | +0.0050% | 1h | $432.9M | $234.4M | 50x | |
| OKX US500-USDT-SWAP | +0.119% | 0.0000% | 8h | $151K | $293K | 20x | as long as short |
| Extended SPX500m-USD | +0.121% | +0.0032% | 1h | $3.4M | $13.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.949% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |
Bitget SP500USDT
tradeXYZ xyz:SP500
Injective
Variational Omni
Paradex
SoDEX
Lighter
Pacifica
Popdex
Polymarket Perps
Bullet
OKX
Extended