Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.314%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1251.255% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.314%, 7d avg −0.038%
=Together, before fees+0.418%+ Points / potential airdropExtended: Active · farm board+$42 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: OKX is 0.275% cheaper against Extended than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5010 | 0.0104 | pay 0.0013% / 1h | 4m 25s | $33K | $250K | 10x |
| Short | OKX SPX-USDT-SWAP | 0.4994 | 0.0100 | get 0.0050% / 4h | 1h 04m | $940K | $2.8M | 20x |
Extended SPX-USD
OKX SPX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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: −0.314% → −0.038%
- −$27.54
- Slippage, 4 orders
- −$110.48
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$153.86
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; OKX: live order book, 3 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 Extended live order book, 58 min ago | 3.89 bp | 26.7 bp −$27 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.97 bp | 30.2 bp −$30 | 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 | −0.613% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5033 | +0.473% | $135K | $359K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5005 | −0.094% | $10.1M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5016 | +0.119% | $5.1M | $21.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.4988 | −0.434% | $11.3M | $16.3M | 50x | as long as short |
| OKX SPX-USDT-SWAPshort | +0.0100% | 4h | 0.4994 | −0.314% | $940K | $2.8M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.5025 | +0.305% | $1.0M | $562K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5000 | −0.194% | $11.8M | $4.8M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.4998 | −0.234% | $3.7M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.4997 | −0.254% | $2.6M | $1.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5027 | +0.345% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5012 | +0.046% | $845K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5056 | +0.924% | $25K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5005 | −0.094% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5010 | long leg | $33K | $250K | 10x | |
| Aster SPXUSDT | +0.0136% | 4h | 0.5025 | +0.312% | $128K | $117K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0152% | 4h | 0.5026 | +0.325% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5018 | +0.165% | $254K | $987K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1434% | 1h | 0.5029 | +0.386% | $249K | $543K | 20x | as long as short |
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Aster SPXUSDT
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD