Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against OKX−0.040%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.982% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now −0.040%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPX-USDT-SWAP | 0.5061 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $928K | $3.1M | 20x |
| Short | Bybit SPXUSDT | 0.5059 | 0.0100 | get 0.0050% / 4h | 2h 41m | $11.5M | $17.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $0
- Price spread: −0.040% → −0.050%
- $1.06
- Slippage, 4 orders
- −$77.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.14
- Costs to cover
- 0.982%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 2 min ago.
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 OKX live order book, 1 min ago | 2.95 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.95 bp | 14.3 bp −$14 | 45.0 bp −$450 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.620% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5086 | +0.492% | $138K | $380K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5071 | +0.200% | $10.3M | $7.9M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5080 | +0.377% | $135K | $130K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5072 | +0.210% | $5.0M | $22.4M | 75x | as long as short |
| Bybit SPXUSDTshort | +0.0100% | 4h | 0.5059 | −0.040% | $11.5M | $17.0M | 50x | |
| OKX SPX-USDT-SWAPlong | +0.0100% | 4h | 0.5061 | long leg | $928K | $3.1M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.5068 | +0.138% | $1.0M | $598K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5079 | +0.356% | $11.8M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5084 | +0.454% | $3.7M | $5.4M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5069 | +0.158% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5067 | +0.119% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5074 | +0.260% | $937K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5086 | +0.494% | $26K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5081 | +0.395% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5077 | +0.308% | $34K | $254K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0182% | 4h | 0.5090 | +0.573% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5094 | +0.652% | $252K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1443% | 1h | 0.5094 | +0.643% | $249K | $545K | 20x | as long as short |
OKX SPX-USDT-SWAP
Bybit SPXUSDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD