Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.019%
Price spread now: Extended against KuCoin−0.405%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2122.117% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.405%, 7d avg −0.047%
=Together, before fees+0.404%+ Points / potential airdropExtended: Active · farm board+$40 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: Extended is 0.359% cheaper against KuCoin than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPXUSDTM | 0.5075 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $3.7M | $5.3M | 50x |
| Short | Extended SPX-USD | 0.5054 | 0.0104 | get 0.0013% / 1h | 50m 15s | $33K | $243K | 10x |
KuCoin SPXUSDTM
Extended SPX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.405% → −0.047%
- −$35.86
- Slippage, 4 orders
- −$194.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$246.7
- Costs to cover
- 2.117%
- Break-even
- 2062.8 days
Slippage from KuCoin: live order book, 8 min ago; Extended: live order book, 22 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 KuCoin live order book, 8 min ago | 4.91 bp | 76.7 bp −$77 | 435.6 bp −$4,356 | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 min ago | 4.06 bp | 32.5 bp −$32 | 215.3 bp −$2,153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0015% | 4h | 0.5070 | −0.104% | $840K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.892% | $9 | $4K | 5.5x | as long as short |
| Gate SPX_USDT | +0.0064% | 4h | 0.5073 | −0.039% | $1.0M | $507K | 50x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5082 | +0.134% | $127K | $314K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5068 | −0.138% | $9.9M | $7.8M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5079 | +0.072% | $128K | $110K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5073 | −0.038% | $5.0M | $21.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5067 | −0.158% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5053 | −0.433% | $962K | $2.8M | 20x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5071 | −0.079% | $11.2M | $4.7M | 100x | as long as short |
Variational Omni SPX
Injective SPX/USDC PERP
Gate SPX_USDT
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTMlong | +0.0100% | 4h | 0.5075 | long leg | $3.7M | $5.3M | 50x | |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5069 | −0.118% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5070 | −0.099% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5071 | −0.079% | $46K | $246K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5067 | −0.158% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5070 | −0.099% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5054 | −0.405% | $33K | $243K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5078 | +0.059% | $249K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.0967% | 1h | 0.5065 | −0.192% | $246K | $555K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD