SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against Orderly−0.020%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SPX_USDC	0.5070	0.0167	pay 0.0084% / 4h	30m 04s	$20K	$599	10x
Short	BingX SPX-USDT	0.5069	0.0100	get 0.0050% / 4h	30m 04s	—	$6.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BingXbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$14.17
Price spread: −0.020% → 0.000%: −$1.97
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$32.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 7 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 7 min ago	8.03 bp	28.6 bp −$29	69.9 bp −$699	282.8 bp −$28.3K	1097.9 bp −$548.9K

Orderly: 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 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	−1.795%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5065	−0.089%	$136K	$357K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5077	+0.134%	$10.3M	$7.5M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5069	−0.020%	$5.1M	$21.4M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5064	−0.118%	$11.5M	$16.4M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5068	−0.039%	$941K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5067	−0.059%	$1.0M	$560K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5067	−0.059%	$12.1M	$4.9M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5070	0.000%	$3.7M	$5.2M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5066	−0.079%	$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-USDTshort	+0.0100%	4h	0.5069	−0.020%	—	$6.9M	—
Variational Omni SPX	+0.0100%	4h	0.5033	−0.737%	$847K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5001	−1.361%	$25K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5054	−0.316%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5067	−0.065%	$33K	$249K	10x	as long as short
Aster SPXUSDT	+0.0150%	4h	0.5046	−0.480%	$135K	$122K	10x	as long as short
Orderly PERP_SPX_USDClong	+0.0167%	4h	0.5070	long leg	$20K	$599	10x
BloFin SPX-USDT	+0.0340%	4h	0.5032	−0.750%	$251K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1273%	1h	0.5069	−0.021%	$247K	$550K	20x	as long as short