Settings8H · net · $10k
Funding arb · Price arb /

SPX

all SPX markets
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Alert: funding
Alert: spread
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
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)−0.197%−$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPX0.5025−0.0007get 0.0004% / 4h2h 53m$847K$1.3M
ShortSunX SPX-USDT0.50050.0100get 0.0050% / 4h2h 53m$8K$1.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, just now4.99 bpdoesn't fit58.8 bp −$588doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago30.75 bp112.9 bp −$113doesn't fitdoesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SPXUSD−0.0415%1h0.5006−0.380%$229K$560K20xas long as short
Variational Omni SPXlong−0.0007%4h0.5025long leg$847K$1.3M
Injective SPX/USDC PERP+0.0033%1h0.4979−0.925%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5020−0.119%$116K$318K5xas long as short
Hyperliquid SPX+0.0100%1h0.5024−0.023%$9.8M$7.1M5xas long as short
Aster SPXUSDT+0.0100%4h0.5020−0.102%$122K$97K10xas long as short
Binance SPXUSDT+0.0100%4h0.5021−0.096%$5.0M$19.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5020−0.109%$11.6M$15.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5024−0.029%$980K$2.6M20xas long as short
Gate SPX_USDT+0.0100%4h0.5010−0.308%$1.0M$476K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5019−0.129%$11.5M$4.5M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5017−0.169%$3.8M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5019−0.129%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5019−0.129%$6.8Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5031+0.110%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5019−0.129%$20K$71110xas long as short
SunX SPX-USDTshort+0.0100%4h0.5005−0.407%$8K$1.6M20x
Extended SPX-USD+0.0104%1h0.5024−0.019%$34K$227K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5035+0.190%$254K$920K75xas long as short