Funding you earn now, next payment 00:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.092%
Price spread now: Variational Omni against MEXC−0.160%7-day average −0.155% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)+0.489%+$49 · spread now −0.160%, 7d avg −0.155%
=Together, before fees+0.321%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.155%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX_USDT | 0.5054 | 0.0100 | pay 0.0050% / 4h | 28m 04s | $11.2M | $4.7M | 100x |
| Short | Variational Omni SPX | 0.5046 | −0.0012 | pay 0.0006% / 4h | 28m 04s | $837K | $1.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$23.61
- Price spread: −0.160% → −0.155%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$28.07
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 MEXC live order book, 5 min ago | 1.98 bp | 10.5 bp −$10 | 25.0 bp −$250 | 152.9 bp −$15.3K | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.95 bp | doesn't fit | 46.5 bp −$465 | 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 | −0.1177% | 1h | 0.5064 | +0.205% | $240K | $559K | 20x | as long as short |
| Variational Omni SPXshort | −0.0012% | 4h | 0.5046 | −0.160% | $837K | $1.3M | — | |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.484% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5056 | +0.032% | $116K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5060 | +0.129% | $9.9M | $7.7M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5053 | −0.027% | $128K | $110K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5055 | +0.018% | $5.0M | $21.0M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5045 | −0.178% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5053 | −0.020% | $961K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5052 | −0.040% | $1.0M | $500K | 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 | 0.5054 | long leg | $11.2M | $4.7M | 100x | |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5054 | 0.000% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5059 | +0.099% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5052 | −0.040% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5050 | −0.079% | $45K | $246K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5063 | +0.178% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5044 | −0.198% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5054 | +0.001% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5060 | +0.119% | $249K | $986K | 75x | as long as short |
MEXC SPX_USDT
Variational Omni SPX
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT