Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.019%
Price spread now: Injective against Gate−4.690%69s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.690% cheaper against Gate than usual: you would sell low and buy high (−$469 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX_USDT | 0.5224 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $1.1M | $649K | 50x |
| Short | Injective SPX/USDC PERP | 0.4979 | 0.0033 | get 0.0004% / 1h | 22m 00s | $9 | $4K | 5.5x |
Gate SPX_USDT
Injective SPX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: −4.690% → 0.000%
- −$468.99
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$498.01
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
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 Gate live order book, 3 min ago | 8.62 bp | 133.1 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPX on 19 exchanges
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 PERPshort | +0.0033% | 1h | 0.4979 | −4.690% | $9 | $4K | 5.5x | |
| Variational Omni SPX | +0.0055% | 4h | 0.5223 | −0.020% | $985K | $1.6M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5238 | +0.268% | $148K | $402K | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5232 | +0.147% | $141K | $95K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5231 | +0.134% | $5.4M | $24.0M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5224 | 0.000% | $12.3M | $18.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5224 | 0.000% | $1.0M | $3.6M | 20x | as long as short |
| Gate SPX_USDTlong | +0.0100% | 4h | 0.5224 | long leg | $1.1M | $649K | 50x | |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5233 | +0.172% | $11.3M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5228 | +0.077% | $3.7M | $5.5M | 50x | as long as short |
Variational Omni SPX
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDT
KuCoin SPXUSDTMShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5239 | +0.287% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5227 | +0.057% | — | $7.0M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5232 | +0.153% | $27K | $248K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5227 | +0.057% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5230 | +0.114% | $45K | $320K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0169% | 4h | 0.5238 | +0.268% | $21K | $511 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5228 | +0.077% | $262K | $988K | 75x | as long as short |
| Hyperliquid SPX | +0.0847% | 1h | 0.5242 | +0.343% | $11.0M | $9.0M | 5x | as long as short |
| Kraken Futures PF_SPXUSD | +0.2160% | 1h | 0.5242 | +0.341% | $282K | $558K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Hyperliquid SPX
Kraken Futures PF_SPXUSD