Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.098%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.098%, 7d avg +0.096%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPX-USDT-SWAP | 0.4976 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $979K | $2.7M | 20x |
| Short | Binance SPXUSDT | 0.4981 | 0.0100 | get 0.0050% / 4h | 1h 13m | $4.9M | $20.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.098% → +0.096%
- $0.26
- Slippage, 4 orders
- −$92.21
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.94
- Costs to cover
- 1.122%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 12 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 OKX live order book, 3 min ago | 4.03 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.99 bp | 13.3 bp −$13 | 44.3 bp −$443 | 403.9 bp −$40.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.1258% | 1h | 0.4984 | +0.171% | $232K | $554K | 20x | as long as short |
| Variational Omni SPX | +0.0028% | 4h | 0.4958 | −0.364% | $836K | $1.3M | — | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | +0.060% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.4983 | +0.139% | $114K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.4979 | +0.060% | $9.6M | $7.5M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.4988 | +0.237% | $125K | $107K | 10x | as long as short |
| Binance SPXUSDTshort | +0.0100% | 4h | 0.4981 | +0.098% | $4.9M | $20.6M | 75x | |
| Bybit SPXUSDT | +0.0100% | 4h | 0.4974 | −0.040% | $11.5M | $15.8M | 50x | as long as short |
| OKX SPX-USDT-SWAPlong | +0.0100% | 4h | 0.4976 | long leg | $979K | $2.7M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.4981 | +0.100% | $1.0M | $491K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPX_USDT | +0.0100% | 4h | 0.4981 | +0.100% | $11.2M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.4981 | +0.100% | $3.7M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.4980 | +0.080% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.4977 | +0.020% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.4967 | −0.181% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.4994 | +0.362% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.4978 | +0.040% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.4975 | −0.010% | $34K | $228K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.4967 | −0.181% | $256K | $941K | 75x | as long as short |
OKX SPX-USDT-SWAP
Binance SPXUSDT
Kraken Futures PF_SPXUSD
Variational Omni SPX
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Bybit SPXUSDT
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT