Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter against ApeX Omni+0.211%78s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.787%−$79 · spread now +0.211%, 7d avg +0.019%
=Together, before fees−0.783%+ Points / potential airdropLighter: Season 3 · farm board−$78 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.192% dearer against ApeX Omni than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPXUSDT | 0.5067 | 0.0100 | pay 0.0013% / 1h | 6m 01s | $27K | $250K | 25x |
| Short | Lighter SPX | 0.5078 | 0.0096 | get 0.0012% / 1h | 6m 01s | $128K | $380K | 5x |
ApeX Omni SPXUSDT
Lighter SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.211% → +0.019%
- $19.18
- Slippage, 4 orders
- −$71.94
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$63.6
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 39 min ago; Lighter: live order book, 31 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, 39 min ago | 9.79 bp | 17.3 bp −$17 | 94.7 bp −$947 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 23.93 bp | 23.9 bp −$24 | 81.4 bp −$814 | doesn't fit | doesn't fit |
SPX on 19 exchanges
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 PERP | +0.0033% | 1h | 0.4979 | −1.737% | $9 | $4K | 5.5x | as long as short |
| Lighter SPXshort | +0.0096% | 1h | 0.5078 | +0.211% | $128K | $380K | 5x | |
| Aster SPXUSDT | +0.0100% | 4h | 0.5077 | +0.203% | $129K | $103K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5071 | +0.085% | $5.2M | $23.6M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5061 | −0.118% | $11.8M | $17.5M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5069 | +0.039% | $974K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5066 | −0.020% | $1.0M | $691K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5075 | +0.158% | $10.6M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5072 | +0.099% | $3.6M | $5.5M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5070 | +0.059% | $2.6M | $1.3M | 50x | as long as short |
Injective SPX/USDC PERP
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5066 | −0.020% | — | $7.0M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5059 | −0.154% | $940K | $1.7M | — | as long as short |
| ApeX Omni SPXUSDTlong | +0.0100% | 1h | 0.5067 | long leg | $27K | $250K | 25x | |
| SunX SPX-USDT | +0.0100% | 4h | 0.5069 | +0.039% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5067 | −0.003% | $44K | $316K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0135% | 4h | 0.5082 | +0.296% | $20K | $511 | 10x | as long as short |
| Hyperliquid SPX | +0.0213% | 1h | 0.5080 | +0.262% | $10.6M | $8.6M | 5x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5062 | −0.099% | $256K | $930K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.2502% | 1h | 0.5087 | +0.390% | $274K | $544K | 20x | as long as short |
BingX SPX-USDT
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
Hyperliquid SPX
BloFin SPX-USDT
Kraken Futures PF_SPXUSD