SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.36 per $10,000 · paid last 24h −0.061%

Price spread now: Variational Omni against Aster−0.690%7-day average −0.161% · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.174%−$17 on $10k

Price spread, last 4 days (all we have)+1.537%+$154 · spread now −0.690%, 7d avg −0.161%

Together, before fees+1.364%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$136 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.529% cheaper against Aster than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.161%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPXUSDT	0.5096	0.0171	pay 0.0086% / 4h	1h 41m	$129K	$111K	10x
Short	Variational Omni SPX	0.5061	0.0100	get 0.0050% / 4h	1h 41m	$888K	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 AsterbpFee Variational OmnibpOrdersPrice spread, now −0.690%Rate

Funding earned: −$14.95
Price spread: −0.690% → −0.161%: −$52.86
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$75.81
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 20 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 Aster live order book, 20 min ago	15.55 bp	649.6 bp −$650	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	4.92 bp	doesn't fit	58.1 bp −$581	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	−2.289%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5073	−0.443%	$136K	$359K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5070	−0.503%	$10.2M	$7.4M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5068	−0.543%	$5.1M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5064	−0.621%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5060	−0.700%	$946K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5073	−0.445%	$1.0M	$555K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5067	−0.562%	$11.8M	$4.7M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5076	−0.386%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5070	−0.503%	$2.7M	$1.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDT	+0.0100%	4h	0.5066	−0.582%	—	$6.9M	—	as long as short
Variational Omni SPXshort	+0.0100%	4h	0.5061	−0.690%	$888K	$1.4M	—
ApeX Omni SPXUSDT	+0.0100%	1h	0.5109	+0.262%	$46K	$243K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5061	−0.680%	$8K	$1.6M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5061	−0.677%	$34K	$251K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0141%	4h	0.5077	−0.366%	$20K	$599	10x	as long as short
Aster SPXUSDTlong	+0.0171%	4h	0.5096	long leg	$129K	$111K	10x
BloFin SPX-USDT	+0.0340%	4h	0.5070	−0.503%	$255K	$1.1M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1421%	1h	0.5076	−0.390%	$251K	$544K	20x	as long as short