SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.005%

Price spread now: Orderly against BingX+0.116%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.116% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SPX-USDT	0.5154	0.0100	pay 0.0050% / 4h	1h 43m	—	$6.9M	—
Short	Orderly PERP_SPX_USDC	0.5160	0.0182	get 0.0091% / 4h	1h 43m	$20K	$599	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.116%Rate

Funding earned: $17.21
Price spread: +0.116% → 0.000%: $11.64
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $12.85
Costs to cover: 0.160%
Break-even: 1.8 days

Slippage unknown: BingX: live order book, 9 min ago; Orderly: 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 BingX live order book, 9 min ago	8.68 bp	24.8 bp −$25	63.6 bp −$636	390.0 bp −$39.0K	1227.6 bp −$613.8K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 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
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−3.395%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5154	−0.002%	$141K	$404K	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5163	+0.172%	$138K	$93K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5150	−0.083%	$5.2M	$23.8M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5152	−0.039%	$11.8M	$17.7M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5142	−0.233%	$975K	$3.4M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5157	+0.058%	$1.0M	$640K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5154	0.000%	$11.9M	$5.3M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5159	+0.097%	$3.7M	$5.4M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5163	+0.175%	$2.7M	$1.6M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDTlong	+0.0100%	4h	0.5154	long leg	—	$6.9M	—
Variational Omni SPX	+0.0100%	4h	0.5144	−0.192%	$957K	$1.5M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5171	+0.330%	$27K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5145	−0.175%	$8K	$1.8M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5147	−0.129%	$34K	$242K	10x	as long as short
Orderly PERP_SPX_USDCshort	+0.0182%	4h	0.5160	+0.116%	$20K	$599	10x
Hyperliquid SPX	+0.0311%	1h	0.5158	+0.081%	$10.4M	$8.2M	5x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5157	+0.058%	$262K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1606%	1h	0.5158	+0.078%	$255K	$556K	20x	as long as short