Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPXUSDT | 0.4988 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $4.9M | $19.6M | 75x |
| Short | MEXC SPX_USDT | 0.4988 | 0.0100 | get 0.0050% / 4h | 2h 04m | $11.4M | $4.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- Price spread: 0.000% → −0.003%
- $0.31
- Slippage, 4 orders
- −$47.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.28
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 3 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, 6 min ago | 1.99 bp | 24.0 bp −$24 | 67.3 bp −$673 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.00 bp | 8.1 bp −$8 | 26.5 bp −$265 | 141.7 bp −$14.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.0416% | 1h | 0.4991 | +0.062% | $231K | $560K | 20x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −0.180% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.4990 | +0.034% | $115K | $319K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.4985 | −0.064% | $9.7M | $7.3M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.4992 | +0.080% | $124K | $99K | 10x | as long as short |
| Binance SPXUSDTlong | +0.0100% | 4h | 0.4988 | long leg | $4.9M | $19.6M | 75x | |
| Bybit SPXUSDT | +0.0100% | 4h | 0.4985 | −0.060% | $11.6M | $15.5M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.4987 | −0.020% | $965K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.4984 | −0.080% | $1.0M | $479K | 50x | as long as short |
| MEXC SPX_USDTshort | +0.0100% | 4h | 0.4988 | 0.000% | $11.4M | $4.6M | 100x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.4988 | 0.000% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.4992 | +0.080% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.4990 | +0.040% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.4978 | −0.195% | $869K | $1.3M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.4998 | +0.200% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.4997 | +0.180% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.4982 | −0.120% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.4992 | +0.079% | $34K | $226K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.4987 | −0.020% | $250K | $906K | 75x | as long as short |
Binance SPXUSDT
MEXC SPX_USDT
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT