Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.110%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now −0.110%, 7d avg −0.110%
=Together, before fees−0.162%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPXUSDT | 0.5036 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $5.0M | $19.6M | 75x |
| Short | Extended SPX-USD | 0.5030 | 0.0104 | get 0.0013% / 1h | 56m 46s | $34K | $227K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.110% → −0.110%
- −$0.04
- Slippage, 4 orders
- −$89.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$103.44
- Costs to cover
- 1.042%
- Break-even
- 869.0 days
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 30 min ago.
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 Binance live order book, 14 min ago | 0.99 bp | 19.2 bp −$19 | 67.8 bp −$678 | 867.7 bp −$86.8K | doesn't fit |
| Sell Extended live order book, 30 min ago | 3.32 bp | 33.3 bp −$33 | 223.9 bp −$2,239 | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.0413% | 1h | 0.5032 | −0.077% | $231K | $563K | 20x | as long as short |
| Variational Omni SPX | +0.0009% | 4h | 0.5059 | +0.458% | $850K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.132% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5036 | −0.002% | $116K | $318K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5035 | −0.024% | $9.9M | $7.1M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5043 | +0.135% | $123K | $96K | 10x | as long as short |
| Binance SPXUSDTlong | +0.0100% | 4h | 0.5036 | long leg | $5.0M | $19.6M | 75x | |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5026 | −0.199% | $11.6M | $15.5M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5031 | −0.099% | $985K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5034 | −0.040% | $1.0M | $475K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5033 | −0.060% | $11.5M | $4.5M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5033 | −0.060% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5034 | −0.040% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5029 | −0.139% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5051 | +0.298% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5038 | +0.040% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5026 | −0.199% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5030 | −0.110% | $34K | $227K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5032 | −0.079% | $254K | $923K | 75x | as long as short |
Binance SPXUSDT
Extended SPX-USD
Kraken Futures PF_SPXUSD
Variational Omni SPX
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT