Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against ApeX Omni−2.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.162% cheaper against ApeX Omni than usual: you would sell low and buy high (−$216 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPXUSDT | 0.5089 | 0.0100 | pay 0.0013% / 1h | 18m 11s | $26K | $248K | 25x |
| Short | Injective SPX/USDC PERP | 0.4979 | 0.0033 | get 0.0004% / 1h | 18m 11s | $9 | $4K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −2.162% → 0.000%
- −$216.15
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$240.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 18 min ago; Injective: no order-book sample. Net counts fees only.
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, 18 min ago | 10.77 bp | 18.2 bp −$18 | 103.0 bp −$1,030 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPX on 19 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 SPX/USDC PERPshort | +0.0033% | 1h | 0.4979 | −2.162% | $9 | $4K | 5.5x | |
| Lighter SPX | +0.0096% | 1h | 0.5101 | +0.240% | $140K | $407K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5099 | +0.204% | $10.3M | $8.3M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5097 | +0.163% | $136K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5095 | +0.123% | $5.1M | $23.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5091 | +0.039% | $11.8M | $17.8M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5093 | +0.079% | $972K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5094 | +0.098% | $1.0M | $659K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5095 | +0.118% | $11.7M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5096 | +0.138% | $3.6M | $5.5M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5098 | +0.177% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5090 | +0.020% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5072 | −0.342% | $945K | $1.6M | — | as long as short |
| ApeX Omni SPXUSDTlong | +0.0100% | 1h | 0.5089 | long leg | $26K | $248K | 25x | |
| SunX SPX-USDT | +0.0100% | 4h | 0.5086 | −0.059% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5096 | +0.132% | $33K | $302K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0141% | 4h | 0.5102 | +0.255% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5099 | +0.197% | $253K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1271% | 1h | 0.5103 | +0.277% | $255K | $552K | 20x | as long as short |
ApeX Omni SPXUSDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD