SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%

Price spread now: Lighter against MEXC+0.041%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$810.806% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.041%, 7d avg +0.047%

Together, before fees−0.028%+ Points / potential airdropLighter: Season 3 · 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	MEXC SPX_USDT	0.5102	0.0100	pay 0.0050% / 4h	0m 23s	$11.3M	$4.7M	100x
Short	Lighter SPX	0.5104	0.0096	get 0.0012% / 1h	0m 23s	$128K	$331K	5x

Funding history

latest

Range statsloading…

Lighter against MEXC. 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 MEXCbpFee LighterbpOrdersPrice spread, now +0.041%Rate

Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 3 min ago	0.98 bp	9.2 bp −$9	29.8 bp −$298	172.3 bp −$17.2K	doesn't fit
Sell Lighter live order book, 4 min ago	31.23 bp	31.2 bp −$31	80.1 bp −$801	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
Kraken Futures PF_SPXUSD	−0.1166%	1h	0.5110	+0.155%	$243K	$554K	20x	as long as short
Variational Omni SPX	+0.0017%	4h	0.5082	−0.386%	$844K	$1.3M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−2.411%	$9	$4K	5.5x	as long as short
Lighter SPXshort	+0.0096%	1h	0.5104	+0.041%	$128K	$331K	5x
Hyperliquid SPX	+0.0100%	1h	0.5100	−0.041%	$10.0M	$7.8M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5097	−0.095%	$129K	$110K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5099	−0.059%	$5.0M	$21.2M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5092	−0.196%	$11.6M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5099	−0.059%	$967K	$2.8M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5097	−0.098%	$1.1M	$509K	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_USDTlong	+0.0100%	4h	0.5102	long leg	$11.3M	$4.7M	100x
KuCoin SPXUSDTM	+0.0100%	4h	0.5099	−0.059%	$3.8M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5101	−0.020%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5092	−0.196%	—	$6.9M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5089	−0.255%	$46K	$246K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.5108	+0.118%	$20K	$711	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5084	−0.353%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5102	0.000%	$35K	$228K	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5099	−0.059%	$249K	$1.0M	75x	as long as short