Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against OKX+0.060%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2002.003% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.060%, 7d avg +0.063%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPX-USDT-SWAP | 0.5004 | 0.0100 | pay 0.0050% / 4h | 44m 17s | $935K | $2.9M | 20x |
| Short | KuCoin SPXUSDTM | 0.5007 | 0.0100 | get 0.0050% / 4h | 44m 17s | $3.7M | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.060% → +0.063%
- −$0.32
- Slippage, 4 orders
- −$178.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$200.63
- Costs to cover
- 2.003%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 2.01 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.01 bp | 61.7 bp −$62 | 275.4 bp −$2,754 | 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 | −0.500% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5011 | +0.134% | $134K | $357K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5008 | +0.074% | $10.1M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5008 | +0.078% | $5.0M | $21.3M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5005 | +0.020% | $11.3M | $16.4M | 50x | as long as short |
| OKX SPX-USDT-SWAPlong | +0.0100% | 4h | 0.5004 | long leg | $935K | $2.9M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.4998 | −0.120% | $996K | $558K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5007 | +0.060% | $12.0M | $4.8M | 100x | as long as short |
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5007 | +0.060% | $3.7M | $5.2M | 50x | |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5007 | +0.060% | $2.6M | $1.4M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5010 | +0.120% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.4979 | −0.498% | $837K | $1.4M | — | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.4993 | −0.220% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5001 | −0.056% | $33K | $249K | 10x | as long as short |
| Aster SPXUSDT | +0.0119% | 4h | 0.4991 | −0.258% | $133K | $122K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0152% | 4h | 0.5013 | +0.180% | $20K | $599 | 10x | as long as short |
| ApeX Omni SPXUSDT | +0.0284% | 1h | 0.4982 | −0.440% | $25K | $254K | 25x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.4993 | −0.220% | $251K | $989K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1286% | 1h | 0.5018 | +0.273% | $244K | $549K | 20x | as long as short |
OKX SPX-USDT-SWAP
KuCoin SPXUSDTM
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
ApeX Omni SPXUSDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD