Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.230%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.230%, 7d avg −0.085%
=Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 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 0.145% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPXUSDT | 0.5079 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $2.6M | $1.4M | 50x |
| Short | Extended SPX-USD | 0.5067 | 0.0104 | get 0.0013% / 1h | 21m 15s | $36K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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: −0.230% → −0.085%
- −$14.45
- Slippage, 4 orders
- −$97.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$127.91
- Costs to cover
- 1.143%
- Break-even
- 1072.9 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 51 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 Bitget live order book, 1 min ago | 10.83 bp | 30.9 bp −$31 | 60.9 bp −$609 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 4.06 bp | 32.5 bp −$32 | 215.3 bp −$2,153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | −0.0032% | 4h | 0.5063 | −0.312% | $844K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.969% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5075 | −0.073% | $127K | $314K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5071 | −0.165% | $10.0M | $7.7M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5078 | −0.029% | $128K | $110K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5069 | −0.197% | $5.1M | $21.3M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5068 | −0.217% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5059 | −0.394% | $960K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5069 | −0.197% | $1.0M | $516K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5070 | −0.177% | $11.4M | $4.8M | 100x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5071 | −0.158% | $3.7M | $5.4M | 50x | as long as short |
| Bitget SPXUSDTlong | +0.0100% | 4h | 0.5079 | long leg | $2.6M | $1.4M | 50x | |
| BingX SPX-USDT | +0.0100% | 4h | 0.5082 | +0.059% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5091 | +0.236% | $46K | $247K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5077 | −0.039% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5060 | −0.374% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5067 | −0.230% | $36K | $265K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5069 | −0.197% | $252K | $1.1M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.0965% | 1h | 0.5076 | −0.058% | $246K | $552K | 20x | as long as short |
Bitget SPXUSDT
Extended SPX-USD
Variational Omni SPX
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD