SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.019%

Price spread now: Injective against ApeX Omni−2.046%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.046% cheaper against ApeX Omni than usual: you would sell low and buy high (−$205 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPXUSDT	0.5083	0.0100	pay 0.0013% / 1h	6m 08s	$46K	$244K	25x
Short	Injective SPX/USDC PERP	0.4979	0.0033	get 0.0004% / 1h	6m 08s	$9	$4K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −2.046%Rate

Funding earned: −$14
Price spread: −2.046% → 0.000%: −$204.6
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$228.62
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 60 min ago; Injective: no order-book sample. Net counts fees only.

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 ApeX Omni live order book, 60 min ago	8.78 bp	16.5 bp −$17	112.2 bp −$1,122	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPX on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPX/USDC PERPshort	+0.0033%	1h	0.4979	−2.046%	$9	$4K	5.5x
Lighter SPX	+0.0096%	1h	0.5122	+0.773%	$138K	$358K	5x	as long as short
Variational Omni SPX	+0.0096%	4h	0.5112	+0.573%	$884K	$1.4M	—	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5115	+0.639%	$10.3M	$7.5M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5109	+0.507%	$130K	$111K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5109	+0.502%	$5.2M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5114	+0.610%	$11.6M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5113	+0.590%	$955K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5111	+0.551%	$1.0M	$557K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5120	+0.728%	$11.5M	$4.9M	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SPXUSDTM	+0.0100%	4h	0.5115	+0.630%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5117	+0.669%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5113	+0.590%	—	$6.8M	—	as long as short
ApeX Omni SPXUSDTlong	+0.0100%	1h	0.5083	long leg	$46K	$244K	25x
SunX SPX-USDT	+0.0100%	4h	0.5109	+0.512%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5116	+0.655%	$34K	$258K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0137%	4h	0.5124	+0.807%	$20K	$599	10x	as long as short
Kraken Futures PF_SPXUSD	+0.1165%	1h	0.5123	+0.785%	$254K	$545K	20x	as long as short