SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0866%/8h= +94.8% APRpaid last 24h +0.133%

Price spread now: Kraken Futures against Gate+0.139%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$2682.682% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.627%+$63 on $10k

Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.139%, 7d avg +0.127%

Together, before fees+0.549%+$55 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.127%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPX_USDT	0.5066	0.0100	pay 0.0050% / 4h	3h 16m	$1.0M	$518K	50x
Short	Kraken Futures PF_SPXUSD	0.5073	0.0966	get 0.0121% / 1h	16m 53s	$246K	$552K	20x

Funding history

latest

Range statsloading…

Kraken Futures against Gate. 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 GatebpFee Kraken FuturesbpOrdersPrice spread, now +0.139%Rate

Slippage from Gate: live order book, 5 min ago; Kraken Futures: live order book, 56 min ago.

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, 5 min ago	5.92 bp	67.2 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 56 min ago	30.70 bp	47.7 bp −$48	142.9 bp −$1,429	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
Variational Omni SPX	−0.0032%	4h	0.5063	−0.056%	$844K	$1.3M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−1.717%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5068	+0.041%	$117K	$323K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5069	+0.059%	$9.9M	$7.7M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5062	−0.081%	$128K	$110K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5071	+0.099%	$5.1M	$21.3M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5070	+0.079%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5064	−0.039%	$959K	$2.8M	20x	as long as short
Gate SPX_USDTlong	+0.0100%	4h	0.5066	long leg	$1.0M	$518K	50x
MEXC SPX_USDT	+0.0100%	4h	0.5070	+0.079%	$11.2M	$4.8M	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	0.5068	+0.039%	$3.7M	$5.4M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5071	+0.099%	$2.6M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5070	+0.079%	—	$6.8M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5072	+0.118%	$46K	$247K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.5068	+0.039%	$20K	$599	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5058	−0.158%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5070	+0.087%	$35K	$265K	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5069	+0.059%	$253K	$1.1M	75x	as long as short
Kraken Futures PF_SPXUSDshort	+0.0966%	1h	0.5073	+0.139%	$246K	$552K	20x