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 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.127%
Price spread now: Variational Omni against BloFin+0.031%101s7-day average −0.186% · 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 4 days (all we have)−0.425%−$43 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.031%, 7d avg −0.186%
Together, before fees−0.397%+ Points / potential airdropVariational Omni: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.217% dearer against BloFin than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.186%): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SPX-USDT0.51660.0340pay 0.0170% / 4h3h 31m$252K$1.0M75x
ShortVariational Omni SPX0.51680.0100get 0.0050% / 4h3h 31m$964K$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$50.4
Price spread: +0.031% → −0.186%
$21.7
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$40.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 1 min ago; Variational Omni: RFQ quote, 3 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 BloFin live order book, 1 min ago3.87 bp23.5 bp −$2341.6 bp −$416doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago7.74 bpdoesn't fit63.8 bp −$638doesn'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%1h0.4979−3.620%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5171+0.103%$141K$359K5xas long as short
Binance SPXUSDT+0.0100%4h0.5169+0.067%$5.2M$22.1M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5169+0.058%$11.8M$16.9M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5177+0.213%$943K$3.1M20xas long as short
Gate SPX_USDT+0.0100%4h0.5160−0.116%$1.0M$583K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5177+0.213%$11.9M$5.0M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5164−0.039%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5180+0.271%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5170+0.077%$6.9Mas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPXshort+0.0100%4h0.5168+0.031%$964K$1.5M
ApeX Omni SPXUSDT+0.0100%1h0.5172+0.116%$26K$254K25xas long as short
SunX SPX-USDT+0.0100%4h0.5162−0.077%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5170+0.087%$36K$250K10xas long as short
Orderly PERP_SPX_USDC+0.0208%4h0.5173+0.136%$21K$59910xas long as short
Aster SPXUSDT+0.0233%4h0.5165−0.010%$138K$129K10xas long as short
Hyperliquid SPX+0.0320%1h0.5190+0.457%$10.6M$7.8M5xas long as short
BloFin SPX-USDTlong+0.0340%4h0.5166long leg$252K$1.0M75x
Kraken Futures PF_SPXUSD+0.1216%1h0.5174+0.156%$253K$558K20xas long as short