Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.062%
Price spread now: Variational Omni against Extended−0.123%7-day average −0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.802%+$80 · spread now −0.123%, 7d avg −0.058%
=Together, before fees+0.621%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$62 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: Variational Omni is 0.065% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.4985 | 0.0104 | pay 0.0013% / 1h | 42m 05s | $32K | $249K | 10x |
| Short | Variational Omni SPX | 0.4979 | 0.0100 | get 0.0050% / 4h | 42m 05s | $837K | $1.4M | — |
Extended SPX-USD
Variational Omni SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.123% → −0.058%
- −$6.52
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.36
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 15 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Extended live order book, 15 min ago | 3.29 bp | 25.7 bp −$26 | 199.0 bp −$1,990 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 5.02 bp | doesn't fit | 67.2 bp −$672 | 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 | −0.124% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.4990 | +0.100% | $134K | $357K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.4987 | +0.036% | $10.1M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.4984 | −0.030% | $5.0M | $21.4M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.4983 | −0.044% | $11.3M | $16.4M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.4987 | +0.036% | $931K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.4983 | −0.044% | $993K | $558K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.4985 | −0.004% | $11.9M | $4.8M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.4986 | +0.016% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.4987 | +0.036% | $2.6M | $1.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
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 | 0.4987 | +0.036% | — | $6.9M | — | as long as short |
| Variational Omni SPXshort | +0.0100% | 4h | 0.4979 | −0.123% | $837K | $1.4M | — | |
| SunX SPX-USDT | +0.0100% | 4h | 0.4974 | −0.225% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.4985 | long leg | $32K | $249K | 10x | |
| Aster SPXUSDT | +0.0133% | 4h | 0.4991 | +0.122% | $133K | $122K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0153% | 4h | 0.4995 | +0.197% | $20K | $599 | 10x | as long as short |
| ApeX Omni SPXUSDT | +0.0241% | 1h | 0.4987 | +0.036% | $25K | $254K | 25x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.4985 | −0.004% | $251K | $988K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1294% | 1h | 0.4987 | +0.039% | $243K | $550K | 20x | as long as short |
BingX SPX-USDT
SunX SPX-USDT
Aster SPXUSDT
Orderly PERP_SPX_USDC
ApeX Omni SPXUSDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD