Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against BingX+0.020%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2312.311% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.020%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SPX-USDT | 0.5109 | 0.0100 | pay 0.0050% / 4h | 1h 54m | — | $6.9M | — |
| Short | KuCoin SPXUSDTM | 0.5110 | 0.0100 | get 0.0050% / 4h | 1h 54m | $3.7M | $5.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.020% → +0.034%
- −$1.47
- Slippage, 4 orders
- −$209.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$232.59
- Costs to cover
- 2.311%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: 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 BingX live order book, 13 min ago | 7.85 bp | 23.4 bp −$23 | 52.9 bp −$529 | 524.5 bp −$52.5K | 1184.0 bp −$592.0K |
| Sell KuCoin live order book, 3 min ago | 1.97 bp | 70.8 bp −$71 | 282.3 bp −$2,823 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPXUSDT | −0.0727% | 1h | 0.5097 | −0.235% | $46K | $244K | 25x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −2.545% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5117 | +0.147% | $138K | $358K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5119 | +0.192% | $10.3M | $7.5M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5114 | +0.094% | $5.2M | $21.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5107 | −0.039% | $11.6M | $16.0M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5108 | −0.020% | $955K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5107 | −0.039% | $1.0M | $551K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5112 | +0.059% | $11.6M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5110 | +0.020% | $3.7M | $5.3M | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5111 | +0.039% | $2.7M | $1.4M | 50x | as long as short |
| BingX SPX-USDTlong | +0.0100% | 4h | 0.5109 | long leg | — | $6.9M | — | |
| Variational Omni SPX | +0.0100% | 4h | 0.5135 | +0.512% | $882K | $1.4M | — | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5103 | −0.117% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5108 | −0.024% | $34K | $252K | 10x | as long as short |
| Aster SPXUSDT | +0.0132% | 4h | 0.5116 | +0.139% | $130K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0154% | 4h | 0.5121 | +0.235% | $20K | $599 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1411% | 1h | 0.5113 | +0.077% | $253K | $541K | 20x | as long as short |
BingX SPX-USDT
KuCoin SPXUSDTM
ApeX Omni SPXUSDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
Bitget SPXUSDT
Variational Omni SPX
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
Kraken Futures PF_SPXUSD