Funding you earn now, next payment 23:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.092%
Price spread now: Injective against BloFin−1.151%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 1.151% cheaper against BloFin than usual: you would sell low and buy high (−$115 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPX-USDT | 0.5037 | 0.0340 | pay 0.0170% / 4h | 1h 22m | $256K | $951K | 75x |
| Short | Injective SPX/USDC PERP | 0.4979 | 0.0033 | get 0.0004% / 1h | 22m 37s | $9 | $4K | 5.5x |
BloFin SPX-USDT
Injective SPX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$64.4
- Price spread: −1.151% → 0.000%
- −$115.15
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$191.57
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 59 min ago; Injective: 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 BloFin live order book, 59 min ago | 0.99 bp | 15.8 bp −$16 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.1246% | 1h | 0.5032 | −0.108% | $233K | $551K | 20x | as long as short |
| Injective SPX/USDC PERPshort | +0.0033% | 1h | 0.4979 | −1.151% | $9 | $4K | 5.5x | |
| Variational Omni SPX | +0.0056% | 4h | 0.5024 | −0.261% | $848K | $1.3M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5039 | +0.044% | $116K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5038 | +0.010% | $9.8M | $7.4M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5036 | −0.026% | $127K | $104K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5036 | −0.021% | $5.1M | $20.0M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5028 | −0.179% | $11.7M | $15.5M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5036 | −0.020% | $986K | $2.7M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5032 | −0.099% | $1.0M | $478K | 50x | as long as short |
Kraken Futures PF_SPXUSD
Variational Omni SPX
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5035 | −0.040% | $11.3M | $4.6M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5036 | −0.020% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5036 | −0.020% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5026 | −0.218% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5042 | +0.099% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5042 | +0.099% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5029 | −0.159% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5038 | +0.011% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDTlong | +0.0340% | 4h | 0.5037 | long leg | $256K | $951K | 75x |
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD