Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.024%
Price spread now: OKX against Markets by Kinetiq+0.372%7-day average +0.373% · you sell dearer than you buy
Net, funding: paid 7d − costs+$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.372%, 7d avg +0.373%
=The price spread sits at its 7-day average of +0.373%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.513%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Markets by Kinetiq mkts:US500 | 7,737.8 | 0.0046 | pay 0.0006% / 1h | 34m 18s | $1.6M | $6.9M | 25x |
| Short | OKX US500-USDT-SWAP | 7,766.6 | 0 | get 0.0000% / 8h | 4h 34m | $152K | $216K | 20x |
Markets by Kinetiq mkts:US500
OKX US500-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Markets by Kinetiq. 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
- −$9.59
- Price spread: +0.372% → +0.373%
- −$0.05
- Slippage, 4 orders
- −$6.2
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.46
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from Markets by Kinetiq: live order book, 3 min ago; OKX: live order book, 21 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 Markets by Kinetiq live order book, 3 min ago | 0.06 bp | 0.9 bp −$1 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 0.84 bp | 7.4 bp −$7 | 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 | 7,665.5 | −0.934% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0029% | 1h | 7,768.8 | +0.401% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPshort | 0.0000% | 8h | 7,766.6 | +0.372% | $152K | $216K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.3 | +0.420% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741.8 | +0.052% | $17.5M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.1 | +0.379% | $13K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.3 | +0.355% | $2.1M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.2 | +0.380% | $3.2M | $15.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500long | +0.0046% | 1h | 7,737.8 | long leg | $1.6M | $6.9M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832 | +1.217% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
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 | 7,768.9 | +0.402% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.6 | +0.347% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767 | +0.377% | $431.9M | $239.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.4 | +0.357% | $9.1M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.7 | +0.373% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.8 | +0.388% | $9.5M | $7.6M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.6 | +0.384% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0234% | 1h | 7,764.7 | +0.348% | $548 | $24K | 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