Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: KuCoin against Extended−0.018%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2032.028% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.018%, 7d avg +0.047%
=Together, before fees+0.106%+ Points / potential airdropExtended: Active · farm board+$11 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: KuCoin is 0.065% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5032 | 0.0104 | pay 0.0013% / 1h | 27m 09s | $34K | $226K | 10x |
| Short | KuCoin SPXUSDTM | 0.5031 | 0.0100 | get 0.0050% / 4h | 2h 27m | $3.8M | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.018% → +0.047%
- −$6.53
- Slippage, 4 orders
- −$185.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$210.15
- Costs to cover
- 2.028%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; KuCoin: live order book, 1 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, 60 min ago | 3.32 bp | 35.2 bp −$35 | 219.0 bp −$2,190 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 0.99 bp | 54.2 bp −$54 | 295.4 bp −$2,954 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.0413% | 1h | 0.5033 | +0.014% | $233K | $560K | 20x | as long as short |
| Variational Omni SPX | +0.0030% | 4h | 0.5009 | −0.460% | $842K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.052% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5032 | +0.012% | $116K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5031 | −0.012% | $9.8M | $7.2M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5026 | −0.124% | $124K | $97K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5031 | −0.018% | $5.0M | $19.5M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5027 | −0.098% | $11.6M | $15.4M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5026 | −0.118% | $978K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5026 | −0.118% | $1.0M | $476K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.5030 | −0.038% | $11.5M | $4.5M | 100x | as long as short |
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5031 | −0.018% | $3.8M | $5.2M | 50x | |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5032 | +0.002% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5036 | +0.081% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5013 | −0.376% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5041 | +0.180% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5026 | −0.118% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5032 | long leg | $34K | $226K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5038 | +0.121% | $252K | $914K | 75x | as long as short |
Extended SPX-USD
KuCoin SPXUSDTM
Kraken Futures PF_SPXUSD
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
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT