SPX

Alert

Funding spread now, next payment 18:00 UTC−0.1540%/8h

paid, last 24h−0.042%paid, last 7 days−0.744%to open and close $10k−$145

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	Kraken Futures PF_SPXUSD	0.4997	0.1640	pay 0.0205% / 1h	15m 55s	$248K	$341K	20x
Short	Bybit SPXUSDT	0.4983	0.0100	get 0.0050% / 4h	2h 15m	$11.4M	$14.0M	50x

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 Kraken FuturesbpFee BybitbpOrdersRate

Funding earned: −$323.35
Slippage, 4 orders: −$124.38
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$468.73
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 23 min ago; Bybit: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.281%
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 Kraken Futures live order book, 23 min ago	14.95 bp	78.6 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.00 bp	18.3 bp −$18	56.0 bp −$560	407.5 bp −$40.7K	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	−0.0178%	4h	$828K	$1.2M	—	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	$9	$4K	5.5x	as long as short
Gate SPX_USDT	+0.0084%	4h	$991K	$393K	50x	as long as short
Lighter SPX	+0.0096%	1h	$142K	$263K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	$9.2M	$5.5M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	$130K	$80K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	$4.8M	$16.6M	75x	as long as short
Bybit SPXUSDTshort	+0.0100%	4h	$11.4M	$14.0M	50x
OKX SPX-USDT-SWAP	+0.0100%	4h	$981K	$2.3M	20x	as long as short
MEXC SPX_USDT	+0.0100%	4h	$9.6M	$4.3M	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	$243K	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	$1.4M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	$34K	$218K	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	$256K	$912K	75x	as long as short
Kraken Futures PF_SPXUSDlong	+0.1640%	1h	$248K	$341K	20x