SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.073%

Price spread now: BloFin against Gate0.000%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$205as in the Price arb table

costs, in and out, $10k−$1991.986% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.393%+$39 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now 0.000%, 7d avg +0.061%

Together, before fees+0.334%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.061%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPX_USDT	0.5172	0.0100	pay 0.0050% / 4h	1h 05m	$1.0M	$653K	50x
Short	BloFin SPX-USDT	0.5172	0.0340	get 0.0170% / 4h	1h 05m	$258K	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $50.4
Price spread: 0.000% → +0.061%: −$6.14
Slippage, 4 orders: −$171.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$154.39
Costs to cover: 1.986%
Break-even: 28.4 days

Slippage from Gate: live order book, 2 min ago; BloFin: 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 Gate live order book, 2 min ago	7.73 bp	77.7 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	4.83 bp	22.4 bp −$22	40.0 bp −$400	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	−3.732%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5176	+0.077%	$141K	$405K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5176	+0.072%	$10.5M	$8.3M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5181	+0.169%	$138K	$93K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5172	+0.006%	$5.2M	$23.7M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5166	−0.116%	$11.9M	$17.7M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5160	−0.232%	$975K	$3.4M	20x	as long as short
Gate SPX_USDTlong	+0.0100%	4h	0.5172	long leg	$1.0M	$653K	50x
MEXC SPX_USDT	+0.0100%	4h	0.5172	0.000%	$11.9M	$5.3M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5171	−0.019%	$3.7M	$5.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPXUSDT	+0.0100%	4h	0.5173	+0.019%	$2.7M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5170	−0.039%	—	$7.0M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5176	+0.069%	$1.0M	$1.6M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5180	+0.155%	$26K	$253K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5168	−0.077%	$8K	$1.8M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5162	−0.202%	$34K	$243K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0177%	4h	0.5179	+0.135%	$21K	$599	10x	as long as short
BloFin SPX-USDTshort	+0.0340%	4h	0.5172	0.000%	$258K	$1.0M	75x
Kraken Futures PF_SPXUSD	+0.1598%	1h	0.5184	+0.237%	$258K	$555K	20x	as long as short