SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.005%

Price spread now: Orderly against OKX+0.233%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.233% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPX-USDT-SWAP	0.5142	0.0100	pay 0.0050% / 4h	1h 02m	$970K	$3.4M	20x
Short	Orderly PERP_SPX_USDC	0.5154	0.0175	get 0.0087% / 4h	1h 02m	$20K	$599	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee OrderlybpOrdersPrice spread, now +0.233%Rate

Funding earned: $15.7
Price spread: +0.233% → 0.000%: $23.34
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $23.04
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: OKX: live order book, 5 min ago; Orderly: no order-book sample. 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 OKX live order book, 5 min ago	3.86 bp	35.6 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−3.170%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5151	+0.183%	$140K	$405K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5148	+0.107%	$10.4M	$8.3M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5149	+0.144%	$138K	$93K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5149	+0.142%	$5.2M	$23.7M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5146	+0.078%	$11.8M	$17.7M	50x	as long as short
OKX SPX-USDT-SWAPlong	+0.0100%	4h	0.5142	long leg	$970K	$3.4M	20x
Gate SPX_USDT	+0.0100%	4h	0.5145	+0.058%	$1.0M	$653K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5145	+0.058%	$11.8M	$5.4M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5143	+0.019%	$3.7M	$5.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPXUSDT	+0.0100%	4h	0.5148	+0.117%	$2.6M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5148	+0.117%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5176	+0.653%	$1.0M	$1.6M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5173	+0.603%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5133	−0.175%	$8K	$1.8M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5147	+0.099%	$33K	$243K	10x	as long as short
Orderly PERP_SPX_USDCshort	+0.0175%	4h	0.5154	+0.233%	$20K	$599	10x
BloFin SPX-USDT	+0.0340%	4h	0.5153	+0.214%	$257K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1605%	1h	0.5160	+0.349%	$256K	$555K	20x	as long as short