Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.54 per $10,000 · paid last 24h +0.092%
Price spread now: SunX against Variational Omni−0.407%45s7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)−0.197%−$20 · spread now −0.407%, 7d avg +0.004%
=Together, before fees−0.028%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.412% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.407% now, against its 7-day average of +0.004%). If the spread goes back, that is −$41 on $10k: about 13 days of funding at the current rate (+$3 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPX | 0.5025 | −0.0007 | get 0.0004% / 4h | 2h 53m | $847K | $1.3M | — |
| Short | SunX SPX-USDT | 0.5005 | 0.0100 | get 0.0050% / 4h | 2h 53m | $8K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $22.49
- Price spread: −0.407% → +0.004%
- −$41.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$26.67
- Costs to cover
- 0.080%
- Break-even
- 15.3 days
Slippage unknown: Variational Omni: RFQ quote, just now; SunX: 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, just now | 4.99 bp | doesn't fit | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 30.75 bp | 112.9 bp −$113 | 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 | −0.0415% | 1h | 0.5006 | −0.380% | $229K | $560K | 20x | as long as short |
| Variational Omni SPXlong | −0.0007% | 4h | 0.5025 | long leg | $847K | $1.3M | — | |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −0.925% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5020 | −0.119% | $116K | $318K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5024 | −0.023% | $9.8M | $7.1M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5020 | −0.102% | $122K | $97K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5021 | −0.096% | $5.0M | $19.6M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5020 | −0.109% | $11.6M | $15.4M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5024 | −0.029% | $980K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5010 | −0.308% | $1.0M | $476K | 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 | 0.5019 | −0.129% | $11.5M | $4.5M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5017 | −0.169% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5019 | −0.129% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5019 | −0.129% | — | $6.8M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5031 | +0.110% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5019 | −0.129% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDTshort | +0.0100% | 4h | 0.5005 | −0.407% | $8K | $1.6M | 20x | |
| Extended SPX-USD | +0.0104% | 1h | 0.5024 | −0.019% | $34K | $227K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5035 | +0.190% | $254K | $920K | 75x | as long as short |
Variational Omni SPX
SunX SPX-USDT
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Extended SPX-USD
BloFin SPX-USDT