Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: SunX against Injective+2.089%61s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 2.089% dearer against Injective than usual: you sell high and buy low: +$209 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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 | Injective SPX/USDC PERP | 0.4979 | 0.0033 | pay 0.0004% / 1h | 29m 40s | $9 | $4K | 5.5x |
| Short | SunX SPX-USDT | 0.5083 | 0.0100 | get 0.0050% / 4h | 2h 29m | $8K | $1.7M | 20x |
Injective SPX/USDC PERP
SunX SPX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Injective. 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: +2.089% → 0.000%
- $208.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $214.86
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 6 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 6 min ago | 31.47 bp | 113.6 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
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 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERPlong | +0.0033% | 1h | 0.4979 | long leg | $9 | $4K | 5.5x | |
| Lighter SPX | +0.0096% | 1h | 0.5099 | +2.408% | $137K | $358K | 5x | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5084 | +2.113% | $879K | $1.4M | — | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5102 | +2.464% | $10.2M | $7.7M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5093 | +2.298% | $5.1M | $21.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5086 | +2.149% | $11.6M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5085 | +2.129% | $956K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5088 | +2.189% | $1.0M | $552K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5094 | +2.310% | $11.2M | $4.9M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5092 | +2.270% | $3.7M | $5.3M | 50x | as long as short |
Lighter SPX
Variational Omni SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5099 | +2.410% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5090 | +2.229% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5089 | +2.209% | $46K | $246K | 25x | as long as short |
| SunX SPX-USDTshort | +0.0100% | 4h | 0.5083 | +2.089% | $8K | $1.7M | 20x | |
| Extended SPX-USD | +0.0104% | 1h | 0.5086 | +2.141% | $37K | $260K | 10x | as long as short |
| Aster SPXUSDT | +0.0113% | 4h | 0.5089 | +2.216% | $129K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0126% | 4h | 0.5095 | +2.330% | $20K | $599 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1169% | 1h | 0.5105 | +2.536% | $253K | $544K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Extended SPX-USD
Aster SPXUSDT
Orderly PERP_SPX_USDC
Kraken Futures PF_SPXUSD