Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%
Price spread now: OKX against Bullet+0.041%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 3 days (all we have)+0.332%+$33 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.041%, 7d avg +0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.030% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US500-USD | 7,767.8 | 0 | get 0.0000% / 1h | 17m 54s | $12K | $106K | 10x |
| Short | OKX US500-USDT-SWAP | 7,771 | 0 | get 0.0000% / 8h | 17m 54s | $153K | $252K | 20x |
Bullet US500-USD
OKX US500-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bullet. 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
- $0
- Price spread: +0.041% → +0.071%
- −$3.01
- Slippage, 4 orders
- −$40.93
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$61.93
- Costs to cover
- 0.589%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 61 min ago; OKX: live order book, 57 min ago.
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 Bullet live order book, 61 min ago | 0.50 bp | 6.3 bp −$6 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell OKX live order book, 57 min ago | 0.06 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
SP500 on 18 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 US500/USDC PERP | −0.0220% | 1h | 7,667.7 | −1.289% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0038% | 1h | 7,767.4 | −0.006% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAPshort | 0.0000% | 8h | 7,771 | +0.041% | $153K | $252K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,769.8 | +0.025% | $7.2M | $790K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.9 | −0.308% | $17.2M | $9.2M | — | as long as short |
| Bullet US500-USDlong | 0.0000% | 1h | 7,767.8 | long leg | $12K | $106K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,766.7 | −0.015% | $2.2M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.6 | +0.022% | $3.2M | $13.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.6 | −0.376% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.8 | +0.848% | — | $3.5M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769 | +0.015% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.3 | −0.019% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.8 | −0.001% | $437.1M | $254.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.8 | −0.026% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.6 | −0.003% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.2 | −0.008% | $9.5M | $6.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.9 | 0.000% | $258K | $195K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0128% | 1h | 7,765.6 | −0.029% | $612 | $22K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD