Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bullet against OKX+0.032%7-day average −0.067% · 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−$19as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 3 days (all we have)−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.032%, 7d avg −0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.099% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US500-USDT-SWAP | 7,764.8 | 0 | get 0.0000% / 8h | 4h 16m | $152K | $216K | 20x |
| Short | Bullet US500-USD | 7,767.3 | 0 | get 0.0000% / 1h | 16m 00s | $12K | $106K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against OKX. 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: +0.032% → −0.067%
- $9.9
- Slippage, 4 orders
- −$10.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$18.7
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from OKX: live order book, 39 min ago; Bullet: live order book, 43 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 OKX live order book, 39 min ago | 0.84 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet live order book, 43 min ago | 0.51 bp | 6.3 bp −$6 | 20.6 bp −$206 | 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 | 7,665.2 | −1.283% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0029% | 1h | 7,767.9 | +0.040% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPlong | 0.0000% | 8h | 7,764.8 | long leg | $152K | $216K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.4 | +0.085% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741.9 | −0.295% | $17.5M | $9.4M | — | as long as short |
| Bullet US500-USDshort | 0.0000% | 1h | 7,767.3 | +0.032% | $12K | $106K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,765.5 | +0.009% | $2.2M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766.9 | +0.027% | $3.2M | $15.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.9 | −0.346% | $1.6M | $6.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.6 | +0.874% | — | $4.3M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769 | +0.054% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765 | +0.002% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.9 | +0.027% | $431.9M | $239.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.8 | +0.013% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.9 | +0.027% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.3 | +0.045% | $9.5M | $7.6M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.7 | +0.038% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0218% | 1h | 7,764.9 | +0.001% | $470 | $24K | 10x | as long as short |
OKX US500-USDT-SWAP
Bullet US500-USD
Injective US500/USDC PERP
Bitget SP500USDT
Variational Omni US500
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD