Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.061%
Price spread now: Variational Omni against MEXC+0.180%7-day average −0.157% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.173%−$17 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now +0.180%, 7d avg −0.157%
=Together, before fees−0.101%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.337% dearer against MEXC than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of −0.157%): +$34 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 3 days (−0.173% in total) that is about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX_USDT | 0.5105 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $11.2M | $4.7M | 100x |
| Short | Variational Omni SPX | 0.5114 | 0.0045 | get 0.0023% / 4h | 3h 31m | $851K | $1.3M | — |
MEXC SPX_USDT
Variational Omni SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$11.49
- Price spread: +0.180% → −0.157%
- $33.74
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $18.25
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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, 2 min ago | 1.96 bp | 10.6 bp −$11 | 35.1 bp −$351 | 179.2 bp −$17.9K | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 8.82 bp | doesn't fit | 53.9 bp −$539 | 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 | −2.468% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPXshort | +0.0045% | 4h | 0.5114 | +0.180% | $851K | $1.3M | — | |
| Lighter SPX | +0.0096% | 1h | 0.5110 | +0.096% | $127K | $314K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5106 | +0.014% | $10.0M | $7.8M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5096 | −0.183% | $129K | $110K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5100 | −0.098% | $5.1M | $21.3M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5090 | −0.294% | $11.6M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5088 | −0.333% | $967K | $2.8M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5100 | −0.098% | $1.1M | $513K | 50x | as long as short |
| MEXC SPX_USDTlong | +0.0100% | 4h | 0.5105 | long leg | $11.2M | $4.7M | 100x |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5101 | −0.078% | $3.8M | $5.4M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5106 | +0.020% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5095 | −0.196% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5101 | −0.078% | $46K | $246K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5103 | −0.039% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5084 | −0.411% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5106 | +0.028% | $33K | $264K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5116 | +0.215% | $251K | $1.1M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.0959% | 1h | 0.5105 | +0.003% | $248K | $554K | 20x | as long as short |
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD