Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Bybit+0.040%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now +0.040%, 7d avg +0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPXUSDT | 0.5004 | 0.0100 | pay 0.0050% / 4h | 15m 17s | $11.3M | $16.4M | 50x |
| Short | OKX SPX-USDT-SWAP | 0.5006 | 0.0100 | get 0.0050% / 4h | 15m 17s | $930K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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: +0.040% → +0.051%
- −$1.11
- Slippage, 4 orders
- −$85.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.51
- Costs to cover
- 1.064%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 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 Bybit live order book, 3 min ago | 3.00 bp | 19.2 bp −$19 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.99 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 PERP | +0.0033% | 1h | 0.4979 | −0.500% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5013 | +0.172% | $134K | $357K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5016 | +0.236% | $10.1M | $7.5M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5008 | +0.080% | $5.0M | $21.5M | 75x | as long as short |
| Bybit SPXUSDTlong | +0.0100% | 4h | 0.5004 | long leg | $11.3M | $16.4M | 50x | |
| OKX SPX-USDT-SWAPshort | +0.0100% | 4h | 0.5006 | +0.040% | $930K | $2.9M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.5003 | −0.020% | $998K | $563K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5010 | +0.120% | $11.7M | $4.9M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5007 | +0.060% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5010 | +0.120% | $2.6M | $1.4M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5007 | +0.060% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5003 | −0.027% | $843K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5017 | +0.260% | $26K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5000 | −0.080% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5008 | +0.083% | $33K | $247K | 10x | as long as short |
| Aster SPXUSDT | +0.0125% | 4h | 0.5008 | +0.085% | $134K | $122K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0163% | 4h | 0.5014 | +0.200% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5014 | +0.200% | $251K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1287% | 1h | 0.5016 | +0.246% | $245K | $550K | 20x | as long as short |
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD