Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against MEXC−0.136%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.136%, 7d avg −0.135%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX_USDT | 0.5154 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $11.1M | $4.9M | 100x |
| Short | Bybit SPXUSDT | 0.5147 | 0.0100 | get 0.0050% / 4h | 1h 55m | $12.2M | $17.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- Price spread: −0.136% → −0.135%
- −$0.11
- Slippage, 4 orders
- −$42.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.22
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 1 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 MEXC live order book, 6 min ago | 1.92 bp | 9.9 bp −$10 | 30.8 bp −$308 | 120.7 bp −$12.1K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.94 bp | 18.0 bp −$18 | 55.8 bp −$558 | doesn't fit | doesn't fit |
SPX on 19 exchanges
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 | −3.395% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5156 | +0.047% | $146K | $354K | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5159 | +0.104% | $139K | $90K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5155 | +0.019% | $5.4M | $23.8M | 75x | as long as short |
| Bybit SPXUSDTshort | +0.0100% | 4h | 0.5147 | −0.136% | $12.2M | $17.7M | 50x | |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5146 | −0.155% | $1.0M | $3.5M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5151 | −0.058% | $1.0M | $680K | 50x | as long as short |
| MEXC SPX_USDTlong | +0.0100% | 4h | 0.5154 | long leg | $11.1M | $4.9M | 100x | |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5151 | −0.058% | $3.7M | $5.5M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5152 | −0.039% | $2.7M | $1.4M | 50x | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5148 | −0.116% | — | $7.0M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5161 | +0.130% | $979K | $1.6M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5211 | +1.106% | $27K | $249K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5165 | +0.213% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5148 | −0.120% | $44K | $318K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0134% | 4h | 0.5176 | +0.427% | $21K | $511 | 10x | as long as short |
| Hyperliquid SPX | +0.0207% | 1h | 0.5157 | +0.054% | $10.8M | $8.9M | 5x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5178 | +0.466% | $263K | $974K | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.2453% | 1h | 0.5188 | +0.655% | $279K | $548K | 20x | as long as short |
MEXC SPX_USDT
Bybit SPXUSDT
Injective SPX/USDC PERP
Lighter SPX
Aster SPXUSDT
Binance SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Hyperliquid SPX
BloFin SPX-USDT
Kraken Futures PF_SPXUSD