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 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%
Price spread now: Variational Omni against Binance+0.024%7-day average −0.159% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.173%−$17 on $10k
Price spread, last 4 days (all we have)+2.096%+$210 · spread now +0.024%, 7d avg −0.159%
Together, before fees+1.923%+ Points / potential airdropVariational Omni: Active · farm board+$192 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: Variational Omni is 0.183% dearer against Binance than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.159%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.51020.0100pay 0.0050% / 4h3h 55m$5.1M$23.8M75x
ShortVariational Omni SPX0.51030.0100get 0.0050% / 4h3h 55m$952K$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
Price spread: +0.024% → −0.159%
$18.26
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$8.26
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 15 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.98 bp17.5 bp −$1854.2 bp −$542doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago7.84 bpdoesn't fit51.0 bp −$510doesn'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
Injective SPX/USDC PERP+0.0033%1h0.4979−2.410%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5116+0.282%$141K$405K5xas long as short
Hyperliquid SPX+0.0100%1h0.5102+0.011%$10.3M$8.4M5xas long as short
Aster SPXUSDT+0.0100%4h0.5117+0.288%$137K$93K10xas long as short
Binance SPXUSDTlong+0.0100%4h0.5102long leg$5.1M$23.8M75x
Bybit SPXUSDT+0.0100%4h0.5094−0.155%$11.8M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5093−0.175%$973K$3.4M20xas long as short
Gate SPX_USDT+0.0100%4h0.5108+0.119%$1.0M$639K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5100−0.038%$11.6M$5.0M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5114+0.237%$3.7M$5.5M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5107+0.099%$2.6M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5095−0.136%$7.0Mas long as short
Variational Omni SPXshort+0.0100%4h0.5103+0.024%$952K$1.6M
ApeX Omni SPXUSDT+0.0100%1h0.5104+0.041%$26K$249K25xas long as short
SunX SPX-USDT+0.0100%4h0.5107+0.099%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5096−0.123%$33K$299K10xas long as short
Orderly PERP_SPX_USDC+0.0105%4h0.5120+0.354%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5098−0.077%$252K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1470%1h0.5138+0.698%$257K$552K20xas long as short