Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.030%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.030%, 7d avg −0.041%
=Together, before fees+0.026%+ Points / potential airdropExtended: Active · 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 | Extended SPX-USD | 0.5044 | 0.0104 | pay 0.0013% / 1h | 22m 11s | $34K | $228K | 10x |
| Short | OKX SPX-USDT-SWAP | 0.5042 | 0.0100 | get 0.0050% / 4h | 1h 22m | $987K | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.030% → −0.041%
- $1.1
- Slippage, 4 orders
- −$116.56
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.3
- Costs to cover
- 1.316%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; OKX: live order book, 5 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 | 3.28 bp | 32.2 bp −$32 | 217.2 bp −$2,172 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.97 bp | 33.4 bp −$33 | doesn't fit | 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 | −0.1242% | 1h | 0.5046 | +0.041% | $234K | $551K | 20x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.279% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | +0.0056% | 4h | 0.5024 | −0.389% | $848K | $1.3M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5051 | +0.152% | $116K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5040 | −0.062% | $9.8M | $7.4M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5039 | −0.093% | $127K | $104K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5045 | +0.037% | $5.1M | $20.0M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5037 | −0.129% | $11.7M | $15.5M | 50x | as long as short |
| OKX SPX-USDT-SWAPshort | +0.0100% | 4h | 0.5042 | −0.030% | $987K | $2.7M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.5029 | −0.288% | $1.0M | $478K | 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 | 0.5045 | +0.029% | $11.3M | $4.6M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5035 | −0.169% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5044 | +0.010% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5045 | +0.029% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5042 | −0.030% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5048 | +0.089% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5031 | −0.248% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5044 | long leg | $34K | $228K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5037 | −0.129% | $256K | $951K | 75x | as long as short |
Extended SPX-USD
OKX SPX-USDT-SWAP
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Variational Omni SPX
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT