SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.091%

Price spread now: Gate against Variational Omni+0.771%7-day average +0.085% · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.168%+$17 on $10k

Price spread, last 3 days (all we have)−1.230%−$123 · spread now +0.771%, 7d avg +0.085%

Together, before fees−1.062%+ Points / potential airdropVariational Omni: Active · farm board−$106 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.686% dearer against Variational Omni than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of +0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPX	0.5058	0.0085	pay 0.0042% / 4h	1h 41m	$881K	$1.3M	—
Short	Gate SPX_USDT	0.5097	0.0100	get 0.0050% / 4h	1h 41m	$1.1M	$476K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now +0.771%Rate

Funding earned: $3.16
Price spread: +0.771% → +0.085%: $68.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $56.76
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Gate: live order book, 5 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	6.91 bp	doesn't fit	91.9 bp −$919	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	7.90 bp	70.7 bp −$71	doesn't fit	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	−0.1230%	1h	0.5097	+0.768%	$236K	$552K	20x	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−1.562%	$9	$4K	5.5x	as long as short
Variational Omni SPXlong	+0.0085%	4h	0.5058	long leg	$881K	$1.3M	—
Lighter SPX	+0.0096%	1h	0.5101	+0.842%	$117K	$319K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5101	+0.846%	$9.9M	$7.3M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5102	+0.865%	$128K	$103K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5102	+0.870%	$5.2M	$19.9M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5096	+0.751%	$11.9M	$15.4M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5101	+0.850%	$997K	$2.7M	20x	as long as short
Gate SPX_USDTshort	+0.0100%	4h	0.5097	+0.771%	$1.1M	$476K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SPX_USDT	+0.0100%	4h	0.5102	+0.870%	$11.5M	$4.6M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5100	+0.830%	$3.8M	$5.2M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5100	+0.830%	$2.6M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5096	+0.751%	—	$6.9M	—	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.5107	+0.968%	$20K	$711	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5079	+0.415%	$8K	$1.6M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5100	+0.822%	$35K	$227K	10x	as long as short
ApeX Omni SPXUSDT	+0.0173%	1h	0.5075	+0.336%	$46K	$248K	25x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5089	+0.613%	$256K	$940K	75x	as long as short