SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0085%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.092%

Price spread now: BingX against Variational Omni−0.164%7-day average +0.086% · you buy dearer than you sell

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.169%+$17 on $10k

Price spread, last 3 days (all we have)−0.162%−$16 · spread now −0.164%, 7d avg +0.086%

Together, before fees+0.007%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.250% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.086%). If the spread goes back, that is −$25 on $10k: about 9.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPX	0.5050	0.0015	pay 0.0007% / 4h	11m 47s	$838K	$1.3M	—
Short	BingX SPX-USDT	0.5042	0.0100	get 0.0050% / 4h	11m 47s	—	$6.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BingXbpOrdersPrice spread, now −0.164%Rate

Funding earned: $17.95
Price spread: −0.164% → +0.086%: −$25.02
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$17.07
Costs to cover: 0.100%
Break-even: 13.7 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 11 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 Variational Omni RFQ quote, 2 min ago	7.94 bp	doesn't fit	57.6 bp −$576	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	6.91 bp	23.0 bp −$23	60.1 bp −$601	257.0 bp −$25.7K	1140.9 bp −$570.5K

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	−0.1180%	1h	0.5051	+0.012%	$240K	$554K	20x	as long as short
Variational Omni SPXlong	+0.0015%	4h	0.5050	long leg	$838K	$1.3M	—
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−1.411%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5051	+0.013%	$116K	$319K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5049	−0.021%	$9.8M	$7.8M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5050	−0.005%	$128K	$110K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5049	−0.034%	$4.9M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5037	−0.263%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5038	−0.243%	$959K	$2.8M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5046	−0.085%	$1.0M	$505K	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_USDT	+0.0100%	4h	0.5049	−0.025%	$11.2M	$4.7M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5048	−0.045%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5051	+0.014%	$2.6M	$1.4M	50x	as long as short
BingX SPX-USDTshort	+0.0100%	4h	0.5042	−0.164%	—	$6.9M	—
ApeX Omni SPXUSDT	+0.0100%	1h	0.5046	−0.085%	$45K	$245K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.5053	+0.054%	$20K	$711	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5041	−0.184%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5050	−0.014%	$34K	$228K	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5042	−0.164%	$247K	$992K	75x	as long as short