Settings8H · net · $10k
Funding arb · Price arb /

SPX

all SPX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against ApeX Omni−1.034%52s7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$880.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.349%+$35 · spread now −1.034%, 7d avg −0.130%
Together, before fees+0.349%+ Points / potential airdropExtended: Active · farm board+$35 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: Extended is 0.904% cheaper against ApeX Omni than usual: you would sell low and buy high, −$90 on $10k if it goes back to its 7-day average of −0.130%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPXUSDT0.50270.0100pay 0.0013% / 1h16m 45s$45K$248K25x
ShortExtended SPX-USD0.49750.0104get 0.0013% / 1h16m 45s$34K$228K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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

Funding earned
$0.84
Price spread: −1.034% → −0.130%
−$90.39
Slippage, 4 orders
−$72.81
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$177.36
Costs to cover
0.878%
Break-even
1485.0 days
Slippage from ApeX Omni: live order book, 65 min ago; Extended: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 65 min ago6.94 bp14.6 bp −$15103.7 bp −$1,037doesn't fitdoesn't fit
Sell Extended live order book, 65 min ago3.28 bp26.4 bp −$26199.5 bp −$1,995doesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SPXUSD−0.1263%1h0.4962−1.292%$231K$554K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−0.955%$9$4K5.5xas long as short
Variational Omni SPX+0.0053%4h0.5034+0.137%$848K$1.3Mas long as short
Lighter SPX+0.0096%1h0.4966−1.204%$114K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.4964−1.247%$9.6M$7.5M5xas long as short
Aster SPXUSDT+0.0100%4h0.4967−1.188%$125K$107K10xas long as short
Binance SPXUSDT+0.0100%4h0.4967−1.186%$4.9M$20.5M75xas long as short
Bybit SPXUSDT+0.0100%4h0.4971−1.114%$11.6M$15.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.4975−1.034%$980K$2.7M20xas long as short
Gate SPX_USDT+0.0100%4h0.4970−1.134%$1.0M$488K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.4976−1.015%$11.2M$4.6M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.4971−1.114%$3.7M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.4976−1.015%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.4979−0.955%$6.9Mas long as short
ApeX Omni SPXUSDTlong+0.0100%1h0.5027long leg$45K$248K25x
Orderly PERP_SPX_USDC+0.0100%4h0.4972−1.094%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.4956−1.412%$8K$1.7M20xas long as short
Extended SPX-USDshort+0.0104%1h0.4975−1.034%$34K$228K10x
BloFin SPX-USDT+0.0340%4h0.4959−1.353%$254K$937K75xas long as short