Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Lighter against ApeX Omni+0.332%78s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.705% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−2.691%−$269 · spread now +0.332%, 7d avg +0.018%
=Together, before fees−2.687%+ Points / potential airdropLighter: Season 3 · farm board−$269 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: Lighter is 0.314% dearer against ApeX Omni than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPXUSDT | 0.5124 | 0.0100 | pay 0.0013% / 1h | 55m 58s | $46K | $244K | 25x |
| Short | Lighter SPX | 0.5141 | 0.0096 | get 0.0012% / 1h | 55m 58s | $139K | $358K | 5x |
ApeX Omni SPXUSDT
Lighter SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
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: +0.332% → +0.018%
- $31.4
- Slippage, 4 orders
- −$60.52
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.96
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 6 min ago; Lighter: live order book, 63 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 ApeX Omni live order book, 6 min ago | 5.83 bp | 13.6 bp −$14 | 93.0 bp −$930 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 21.58 bp | 21.7 bp −$22 | 73.3 bp −$733 | doesn't fit | doesn't fit |
SPX on 18 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 | −2.830% | $9 | $4K | 5.5x | as long as short |
| Lighter SPXshort | +0.0096% | 1h | 0.5141 | +0.332% | $139K | $358K | 5x | |
| Binance SPXUSDT | +0.0100% | 4h | 0.5126 | +0.039% | $5.2M | $21.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5122 | −0.039% | $11.7M | $16.0M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5126 | +0.039% | $959K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5123 | −0.020% | $1.0M | $551K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5133 | +0.176% | $11.7M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5127 | +0.059% | $3.8M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5123 | −0.020% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5127 | +0.059% | — | $6.9M | — | as long as short |
Injective SPX/USDC PERP
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0100% | 4h | 0.5135 | +0.218% | $882K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDTlong | +0.0100% | 1h | 0.5124 | long leg | $46K | $244K | 25x | |
| SunX SPX-USDT | +0.0100% | 4h | 0.5133 | +0.176% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5122 | −0.044% | $35K | $252K | 10x | as long as short |
| Hyperliquid SPX | +0.0114% | 1h | 0.5139 | +0.299% | $10.3M | $7.5M | 5x | as long as short |
| Aster SPXUSDT | +0.0118% | 4h | 0.5119 | −0.104% | $130K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0153% | 4h | 0.5141 | +0.332% | $20K | $599 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1403% | 1h | 0.5143 | +0.376% | $255K | $541K | 20x | as long as short |
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
Hyperliquid SPX
Aster SPXUSDT
Orderly PERP_SPX_USDC
Kraken Futures PF_SPXUSD