Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.009%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.009%, 7d avg +0.085%
=Together, before fees+0.076%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.094% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5084 | 0.0104 | pay 0.0013% / 1h | 46m 52s | $33K | $258K | 10x |
| Short | Bitget SPXUSDT | 0.5084 | 0.0100 | get 0.0050% / 4h | 3h 46m | $2.6M | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$0.84
- Price spread: −0.009% → +0.085%
- −$9.42
- Slippage, 4 orders
- −$118.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$146.04
- Costs to cover
- 1.358%
- Break-even
- never at this rate
Slippage from Extended: live order book, 25 min ago; Bitget: live order book, 6 min ago.
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 Extended live order book, 25 min ago | 4.06 bp | 29.0 bp −$29 | 203.0 bp −$2,030 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 10.86 bp | 33.6 bp −$34 | 77.3 bp −$773 | doesn't fit | doesn't fit |
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 | +0.0015% | 4h | 0.5070 | −0.290% | $840K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −2.074% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5069 | −0.298% | $126K | $314K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5073 | −0.219% | $9.9M | $7.8M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5066 | −0.363% | $128K | $110K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5084 | −0.007% | $5.0M | $21.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5082 | −0.048% | $11.6M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5084 | −0.009% | $965K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5080 | −0.088% | $1.1M | $508K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5086 | +0.030% | $11.2M | $4.7M | 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 | 0.5076 | −0.166% | $3.7M | $5.4M | 50x | as long as short |
| Bitget SPXUSDTshort | +0.0100% | 4h | 0.5084 | −0.009% | $2.6M | $1.5M | 50x | |
| BingX SPX-USDT | +0.0100% | 4h | 0.5086 | +0.030% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5065 | −0.383% | $45K | $246K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5073 | −0.225% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5056 | −0.560% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5084 | long leg | $33K | $258K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5062 | −0.442% | $249K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.0965% | 1h | 0.5074 | −0.203% | $246K | $555K | 20x | as long as short |
Extended SPX-USD
Bitget SPXUSDT
Variational Omni SPX
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD