SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: OKX against BloFin−0.118%7-day average −0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1111.109% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.375%−$38 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.118%, 7d avg −0.132%

Together, before fees−0.272%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPX-USDT	0.5075	0.0340	pay 0.0170% / 4h	2h 36m	$250K	$1.0M	75x
Short	OKX SPX-USDT-SWAP	0.5069	0.0100	get 0.0050% / 4h	2h 36m	$932K	$3.1M	20x

Funding history

latest

Range statsloading…

OKX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now −0.118%Rate

Slippage from BloFin: live order book, 5 min ago; OKX: live order book, just now.

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, 5 min ago	3.93 bp	18.2 bp −$18	41.9 bp −$419	doesn't fit	doesn't fit
Sell OKX live order book, just now	3.95 bp	37.4 bp −$37	doesn't fit	doesn't fit	doesn't fit

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	−1.892%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5076	+0.018%	$138K	$380K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5078	+0.061%	$10.3M	$7.9M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5073	−0.048%	$135K	$130K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5075	0.000%	$5.0M	$22.5M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5072	−0.059%	$11.6M	$17.1M	50x	as long as short
OKX SPX-USDT-SWAPshort	+0.0100%	4h	0.5069	−0.118%	$932K	$3.1M	20x
Gate SPX_USDT	+0.0100%	4h	0.5068	−0.138%	$1.0M	$600K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5074	−0.020%	$11.9M	$5.1M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5070	−0.099%	$3.7M	$5.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPXUSDT	+0.0100%	4h	0.5071	−0.079%	$2.6M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5074	−0.020%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5074	−0.016%	$937K	$1.5M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5060	−0.296%	$26K	$255K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5068	−0.138%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5070	−0.095%	$33K	$255K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0177%	4h	0.5078	+0.059%	$20K	$599	10x	as long as short
BloFin SPX-USDTlong	+0.0340%	4h	0.5075	long leg	$250K	$1.0M	75x
Kraken Futures PF_SPXUSD	+0.1446%	1h	0.5085	+0.196%	$248K	$544K	20x	as long as short