Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Lighter−1.045%78s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+1.621%+$162 · spread now −1.045%, 7d avg −0.026%
=Together, before fees+1.617%+ Points / potential airdropLighter: Season 3 · farm board+$162 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: ApeX Omni is 1.020% cheaper against Lighter than usual: you would sell low and buy high, −$102 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPX | 0.5194 | 0.0096 | pay 0.0012% / 1h | 46m 10s | $139K | $355K | 5x |
| Short | ApeX Omni SPXUSDT | 0.5140 | 0.0100 | get 0.0013% / 1h | 46m 10s | $26K | $254K | 25x |
Lighter SPX
ApeX Omni SPXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: −1.045% → −0.026%
- −$101.97
- Slippage, 4 orders
- −$64.28
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$175.41
- Costs to cover
- 0.743%
- Break-even
- 1468.7 days
Slippage from Lighter: live order book, 63 min ago; ApeX Omni: live order book, 5 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 Lighter live order book, 63 min ago | 22.24 bp | 22.2 bp −$22 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 6.78 bp | 14.9 bp −$15 | 91.0 bp −$910 | 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 | −4.145% | $9 | $4K | 5.5x | as long as short |
| Lighter SPXlong | +0.0096% | 1h | 0.5194 | long leg | $139K | $355K | 5x | |
| Binance SPXUSDT | +0.0100% | 4h | 0.5193 | −0.025% | $5.2M | $21.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5182 | −0.237% | $11.9M | $16.7M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5177 | −0.333% | $957K | $3.0M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5193 | −0.025% | $1.0M | $574K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5189 | −0.102% | $11.9M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5196 | +0.033% | $3.8M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5198 | +0.071% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5194 | −0.006% | — | $6.9M | — | as long as short |
Injective SPX/USDC PERP
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0100% | 4h | 0.5156 | −0.745% | $959K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDTshort | +0.0100% | 1h | 0.5140 | −1.045% | $26K | $254K | 25x | |
| SunX SPX-USDT | +0.0100% | 4h | 0.5186 | −0.160% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5187 | −0.140% | $34K | $248K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0219% | 4h | 0.5197 | +0.052% | $21K | $599 | 10x | as long as short |
| Aster SPXUSDT | +0.0295% | 4h | 0.5186 | −0.158% | $138K | $128K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5163 | −0.603% | $248K | $1.0M | 75x | as long as short |
| Hyperliquid SPX | +0.0501% | 1h | 0.5201 | +0.129% | $10.6M | $7.7M | 5x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1209% | 1h | 0.5205 | +0.200% | $255K | $553K | 20x | as long as short |
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
Aster SPXUSDT
BloFin SPX-USDT
Hyperliquid SPX
Kraken Futures PF_SPXUSD