SPX

Alert

Funding spread now, next payment 18:00 UTC+0.1555%/8h

paid, last 24h+0.042%paid, last 7 days+0.744%to open and close $10k−$151

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.744% in total (about 38.8% a year). A funding rate is set anew for every payment. 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	Bybit SPXUSDT	0.4929	0.0100	pay 0.0050% / 4h	2h 04m	$11.2M	$14.1M	50x
Short	Kraken Futures PF_SPXUSD	0.4951	0.1655	get 0.0207% / 1h	4m 41s	$240K	$349K	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee Kraken FuturesbpOrdersRate

Funding earned: $326.56
Slippage, 4 orders: −$130.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $175.07
Break-even: 3.2 days

Slippage from Bybit: live order book, 5 min ago; Kraken Futures: live order book, 35 min ago.

Price risk

price view

Price gap now: +0.443%
Avg gap 7d: +0.211%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 5 min ago	1.01 bp	17.9 bp −$18	48.4 bp −$484	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 35 min ago	14.95 bp	35.3 bp −$35	161.7 bp −$1,617	doesn't fit	doesn't fit

SPX on 19 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni SPX	−0.0196%	4h	$823K	$1.2M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	$9	$4K	5.5x	as long as short
Gate SPX_USDT	+0.0082%	4h	$979K	$395K	50x	as long as short
Lighter SPX	+0.0096%	1h	$140K	$264K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	$9.1M	$5.6M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	$129K	$80K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	$4.7M	$16.7M	75x	as long as short
Bybit SPXUSDTlong	+0.0100%	4h	$11.2M	$14.1M	50x
OKX SPX-USDT-SWAP	+0.0100%	4h	$972K	$2.3M	20x	as long as short
MEXC SPX_USDT	+0.0100%	4h	$9.8M	$4.4M	100x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin SPXUSDTM	+0.0100%	4h	$3.7M	$5.1M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	$2.5M	$1.2M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	—	$6.8M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	$48K	$244K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	$19K	$200	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	$8K	$1.5M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	$34K	$218K	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	$253K	$921K	75x	as long as short
Kraken Futures PF_SPXUSDshort	+0.1655%	1h	$240K	$349K	20x