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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.061%
Price spread now: Variational Omni against Binance−0.478%7-day average −0.156% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.173%−$17 on $10k
Price spread, last 4 days (all we have)+1.418%+$142 · spread now −0.478%, 7d avg −0.156%
Together, before fees+1.245%+ Points / potential airdropVariational Omni: Active · farm board+$125 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: Variational Omni is 0.322% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.156%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.50860.0100pay 0.0050% / 4h1h 44m$5.1M$21.1M75x
ShortVariational Omni SPX0.50620.0100get 0.0050% / 4h1h 44m$875K$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
Price spread: −0.478% → −0.156%
−$32.2
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$42.2
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago3.90 bp22.7 bp −$2358.1 bp −$581doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago8.89 bpdoesn't fit52.4 bp −$524doesn'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%1h0.4979−2.102%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5091+0.092%$136K$359K5xas long as short
Hyperliquid SPX+0.0100%1h0.5088+0.031%$10.2M$7.4M5xas long as short
Binance SPXUSDTlong+0.0100%4h0.5086long leg$5.1M$21.1M75x
Bybit SPXUSDT+0.0100%4h0.5082−0.077%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5086+0.001%$950K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5077−0.176%$1.0M$554K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5086+0.001%$11.9M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5082−0.077%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5085−0.018%$2.7M$1.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SPX-USDT+0.0100%4h0.5082−0.077%$6.9Mas long as short
Variational Omni SPXshort+0.0100%4h0.5062−0.478%$875K$1.4M
ApeX Omni SPXUSDT+0.0100%1h0.5073−0.254%$45K$243K25xas long as short
SunX SPX-USDT+0.0100%4h0.5079−0.136%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5083−0.055%$34K$251K10xas long as short
Aster SPXUSDT+0.0125%4h0.5086+0.003%$129K$111K10xas long as short
Orderly PERP_SPX_USDC+0.0145%4h0.5094+0.159%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5061−0.490%$257K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.1416%1h0.5095+0.174%$252K$544K20xas long as short