SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.070%

Price spread now: Orderly against BloFin+0.177%7-day average — · you sell dearer than you buy

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

Long on BloFin 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

The price spread pays, funding is against you. Orderly is 0.177% dearer against BloFin than usual: you sell high and buy low (spread +0.177% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPX-USDT	0.5087	0.0340	pay 0.0170% / 4h	3h 14m	$253K	$1.1M	75x
Short	Orderly PERP_SPX_USDC	0.5096	0.0100	get 0.0050% / 4h	3h 14m	$20K	$599	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now +0.177%Rate

Funding earned: −$50.4
Price spread: +0.177% → 0.000%: $17.69
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$50.71
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago	11.82 bp	18.8 bp −$19	32.7 bp −$327	doesn't fit	doesn't fit
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
Variational Omni SPX	+0.0018%	4h	0.5068	−0.379%	$847K	$1.3M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−2.123%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5097	+0.201%	$117K	$323K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5098	+0.216%	$10.0M	$7.8M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5081	−0.125%	$128K	$110K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5096	+0.177%	$5.1M	$21.3M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5090	+0.059%	$11.6M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5093	+0.118%	$963K	$2.8M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5087	0.000%	$1.1M	$519K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5093	+0.118%	$11.3M	$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	0.5092	+0.098%	$3.8M	$5.4M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5098	+0.216%	$2.7M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5096	+0.177%	—	$6.9M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5065	−0.432%	$45K	$247K	25x	as long as short
Orderly PERP_SPX_USDCshort	+0.0100%	4h	0.5096	+0.177%	$20K	$599	10x
SunX SPX-USDT	+0.0100%	4h	0.5084	−0.059%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5092	+0.106%	$36K	$265K	10x	as long as short
BloFin SPX-USDTlong	+0.0340%	4h	0.5087	long leg	$253K	$1.1M	75x
Kraken Futures PF_SPXUSD	+0.0960%	1h	0.5100	+0.255%	$247K	$553K	20x	as long as short