Funding you earn now, next payment 03:00 UTC+0.0831%/8h= +91.0% APRnext payment +$1.04 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against ApeX Omni+0.211%7-day average −0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$850.850% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−2.633%−$263 · spread now +0.211%, 7d avg −0.127%
=Together, before fees−2.634%+ Points / potential airdropExtended: Active · farm board−$263 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Extended is 0.338% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.127%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPXUSDT | 0.5097 | −0.0727 | get 0.0091% / 1h | 55m 36s | $46K | $244K | 25x |
| Short | Extended SPX-USD | 0.5108 | 0.0104 | get 0.0013% / 1h | 55m 36s | $34K | $252K | 10x |
ApeX Omni SPXUSDT
Extended SPX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX 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
- $174.47
- Price spread: +0.211% → −0.127%
- $33.79
- Slippage, 4 orders
- −$70
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $123.26
- Costs to cover
- 0.850%
- Break-even
- 2.1 days
Slippage from ApeX Omni: live order book, 6 min ago; Extended: live order book, 6 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 ApeX Omni live order book, 6 min ago | 5.83 bp | 13.6 bp −$14 | 93.0 bp −$930 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 3.89 bp | 31.1 bp −$31 | 209.4 bp −$2,094 | doesn't fit | doesn't fit |
SPX 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPXUSDTlong | −0.0727% | 1h | 0.5097 | long leg | $46K | $244K | 25x | |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −2.315% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5117 | +0.396% | $138K | $358K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5128 | +0.600% | $10.3M | $7.5M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5122 | +0.494% | $5.2M | $21.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5109 | +0.235% | $11.6M | $16.0M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5102 | +0.098% | $955K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5121 | +0.471% | $1.0M | $551K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5115 | +0.353% | $11.7M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5115 | +0.353% | $3.7M | $5.3M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5113 | +0.314% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5109 | +0.235% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5135 | +0.749% | $882K | $1.4M | — | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5133 | +0.706% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5108 | +0.211% | $34K | $252K | 10x | |
| Aster SPXUSDT | +0.0132% | 4h | 0.5123 | +0.519% | $130K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0153% | 4h | 0.5141 | +0.863% | $20K | $599 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1403% | 1h | 0.5143 | +0.908% | $255K | $541K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
SunX SPX-USDT
Aster SPXUSDT
Orderly PERP_SPX_USDC
Kraken Futures PF_SPXUSD