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

SPX

all SPX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against ApeX Omni+0.580%7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$900.902% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−1.474%−$147 · spread now +0.580%, 7d avg −0.126%
Together, before fees−1.475%+ Points / potential airdropExtended: Active · farm board−$148 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: Extended is 0.707% dearer against ApeX Omni than usual: you sell high and buy low, +$71 on $10k if it goes back to its 7-day average of −0.126%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPXUSDT0.50140.0100pay 0.0013% / 1h2m 41s$26K$254K25x
ShortExtended SPX-USD0.50430.0104get 0.0013% / 1h2m 41s$33K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX 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
$0.84
Price spread: +0.580% → −0.126%
$70.65
Slippage, 4 orders
−$75.17
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.68
Costs to cover
0.902%
Break-even
162.7 days
Slippage from ApeX Omni: live order book, 54 min ago; Extended: live order book, 54 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 ApeX Omni live order book, 54 min ago5.97 bp16.7 bp −$17104.5 bp −$1,045doesn't fitdoesn't fit
Sell Extended live order book, 54 min ago3.29 bp32.8 bp −$33221.2 bp −$2,212doesn'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%1h0.4979−0.698%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5046+0.638%$135K$357K5xas long as short
Hyperliquid SPX+0.0100%1h0.5049+0.692%$10.2M$7.6M5xas long as short
Binance SPXUSDT+0.0100%4h0.5043+0.578%$5.1M$21.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5033+0.379%$11.4M$16.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5043+0.578%$934K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5028+0.279%$1.0M$567K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5044+0.598%$11.8M$4.9M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5037+0.459%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5042+0.558%$2.6M$1.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SPX-USDT+0.0100%4h0.5039+0.499%$6.9Mas long as short
Variational Omni SPX+0.0100%4h0.5013−0.017%$844K$1.4Mas long as short
ApeX Omni SPXUSDTlong+0.0100%1h0.5014long leg$26K$254K25x
SunX SPX-USDT+0.0100%4h0.5033+0.379%$8K$1.7M20xas long as short
Extended SPX-USDshort+0.0104%1h0.5043+0.580%$33K$241K10x
Aster SPXUSDT+0.0140%4h0.5029+0.302%$134K$122K10xas long as short
Orderly PERP_SPX_USDC+0.0173%4h0.5035+0.419%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5042+0.558%$249K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1279%1h0.5046+0.636%$246K$550K20xas long as short