SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%

Price spread now: Lighter against Bybit+0.196%7-day average +0.187% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1021.019% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.196%, 7d avg +0.187%

Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPXUSDT	0.5164	0.0100	pay 0.0050% / 4h	3h 11m	$11.8M	$17.0M	50x
Short	Lighter SPX	0.5174	0.0096	get 0.0012% / 1h	11m 38s	$151K	$370K	5x

Funding history

latest

Range statsloading…

Lighter against Bybit. 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 BybitbpFee LighterbpOrdersPrice spread, now +0.196%Rate

Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 33 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	4.83 bp	24.7 bp −$25	78.3 bp −$783	doesn't fit	doesn't fit
Sell Lighter live order book, 33 min ago	27.83 bp	27.8 bp −$28	71.2 bp −$712	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	−3.582%	$9	$4K	5.5x	as long as short
Lighter SPXshort	+0.0096%	1h	0.5174	+0.196%	$151K	$370K	5x
Binance SPXUSDT	+0.0100%	4h	0.5170	+0.116%	$5.2M	$22.3M	75x	as long as short
Bybit SPXUSDTlong	+0.0100%	4h	0.5164	long leg	$11.8M	$17.0M	50x
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5166	+0.039%	$939K	$3.1M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5166	+0.039%	$1.0M	$592K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5170	+0.116%	$12.0M	$5.1M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5168	+0.077%	$3.7M	$5.4M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5174	+0.194%	$2.7M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5167	+0.058%	—	$6.9M	—	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPX	+0.0100%	4h	0.5180	+0.302%	$965K	$1.5M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5182	+0.349%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5159	−0.097%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5163	−0.020%	$34K	$252K	10x	as long as short
Hyperliquid SPX	+0.0146%	1h	0.5173	+0.174%	$10.6M	$7.8M	5x	as long as short
Aster SPXUSDT	+0.0176%	4h	0.5173	+0.168%	$138K	$130K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0224%	4h	0.5174	+0.194%	$21K	$599	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5185	+0.407%	$254K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1216%	1h	0.5174	+0.196%	$253K	$548K	20x	as long as short