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 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h −0.061%
Price spread now: Variational Omni against Bitget+0.556%7-day average −0.142% · you sell dearer than you buy
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 3 days (all we have)−0.330%−$33 · spread now +0.556%, 7d avg −0.142%
Together, before fees−0.503%+ Points / potential airdropVariational Omni: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.698% dearer against Bitget than usual: you sell high and buy low (spread +0.556% now, against its 7-day average of −0.142%): +$70 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8 months. At the pace of the last 3 days (−0.173% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPXUSDT0.50530.0100pay 0.0050% / 4h2h 56m$2.6M$1.4M50x
ShortVariational Omni SPX0.50810.0091get 0.0045% / 4h2h 56m$851K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$1.99
Price spread: +0.556% → −0.142%
$69.79
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$55.8
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 Bitget live order book, 6 min ago8.82 bp32.3 bp −$32107.8 bp −$1,078doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago8.87 bpdoesn't fit64.1 bp −$641doesn'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%1h0.4979−1.464%$9$4K5.5xas long as short
Variational Omni SPXshort+0.0091%4h0.5081+0.556%$851K$1.3M
Lighter SPX+0.0096%1h0.5057+0.087%$116K$338K5xas long as short
Hyperliquid SPX+0.0100%1h0.5061+0.162%$10.0M$7.7M5xas long as short
Aster SPXUSDT+0.0100%4h0.5077+0.467%$128K$111K10xas long as short
Binance SPXUSDT+0.0100%4h0.5069+0.312%$5.1M$21.3M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5057+0.079%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5052−0.020%$960K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5062+0.178%$1.0M$504K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5065+0.237%$11.3M$4.8M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5063+0.198%$3.7M$5.4M50xas long as short
Bitget SPXUSDTlong+0.0100%4h0.5053long leg$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5064+0.218%$6.8Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5092+0.772%$46K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5091+0.752%$20K$59910xas long as short
SunX SPX-USDT+0.0100%4h0.5072+0.376%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5063+0.194%$33K$261K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5079+0.515%$256K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.1175%1h0.5081+0.547%$246K$551K20xas long as short