Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.049%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.049%, 7d avg −0.100%
=Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 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 0.051% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPXUSDT | 0.5121 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $5.1M | $22.4M | 75x |
| Short | Extended SPX-USD | 0.5118 | 0.0104 | get 0.0013% / 1h | 53m 22s | $34K | $252K | 10x |
Binance SPXUSDT
Extended SPX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.049% → −0.100%
- $5.09
- Slippage, 4 orders
- −$85.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$94.98
- Costs to cover
- 1.009%
- Break-even
- 798.5 days
Slippage from Binance: live order book, 3 min ago; Extended: live order book, 59 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 Binance live order book, 3 min ago | 2.93 bp | 25.5 bp −$25 | 77.8 bp −$778 | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 3.40 bp | 30.6 bp −$31 | 212.0 bp −$2,120 | 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 | −2.766% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5124 | +0.072% | $140K | $380K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5118 | −0.048% | $10.4M | $7.9M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5122 | +0.021% | $137K | $130K | 10x | as long as short |
| Binance SPXUSDTlong | +0.0100% | 4h | 0.5121 | long leg | $5.1M | $22.4M | 75x | |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5113 | −0.149% | $11.6M | $17.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5116 | −0.090% | $934K | $3.1M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5112 | −0.169% | $1.0M | $595K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5119 | −0.032% | $11.9M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5115 | −0.110% | $3.7M | $5.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5122 | +0.027% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5115 | −0.110% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5127 | +0.117% | $945K | $1.5M | — | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5110 | −0.208% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5118 | −0.049% | $34K | $252K | 10x | |
| Orderly PERP_SPX_USDC | +0.0199% | 4h | 0.5127 | +0.124% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5126 | +0.105% | $252K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1433% | 1h | 0.5130 | +0.179% | $250K | $546K | 20x | as long as short |
| ApeX Omni SPXUSDT | +0.2348% | 1h | 0.5163 | +0.827% | $26K | $254K | 25x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
SunX SPX-USDT
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD
ApeX Omni SPXUSDT