SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: MEXC against BloFin+0.201%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.350%−$35 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.201%, 7d avg −0.008%

Together, before fees−0.386%−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.208% dearer against BloFin than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of −0.008%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPX-USDT	0.4983	0.0340	pay 0.0170% / 4h	1h 04m	$246K	$945K	75x
Short	MEXC SPX_USDT	0.4993	0.0100	get 0.0050% / 4h	1h 04m	$11.2M	$4.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.201%Rate

Funding earned: −$50.4
Price spread: +0.201% → −0.008%: $20.84
Slippage, 4 orders: −$36.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$81.88
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; MEXC: live order book, 9 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 BloFin live order book, 12 min ago	5.03 bp	13.4 bp −$13	44.9 bp −$449	doesn't fit	doesn't fit
Sell MEXC live order book, 9 min ago	3.01 bp	7.6 bp −$8	30.1 bp −$301	154.1 bp −$15.4K	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	−0.1257%	1h	0.4985	+0.048%	$232K	$554K	20x	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−0.080%	$9	$4K	5.5x	as long as short
Variational Omni SPX	+0.0035%	4h	0.4975	−0.164%	$838K	$1.3M	—	as long as short
Lighter SPX	+0.0096%	1h	0.4994	+0.211%	$115K	$319K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.4992	+0.187%	$9.6M	$7.5M	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.4994	+0.226%	$126K	$108K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.4995	+0.234%	$4.9M	$20.7M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.4987	+0.080%	$11.5M	$15.9M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.4996	+0.261%	$975K	$2.7M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.4983	0.000%	$1.0M	$494K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SPX_USDTshort	+0.0100%	4h	0.4993	+0.201%	$11.2M	$4.7M	100x
KuCoin SPXUSDTM	+0.0100%	4h	0.4987	+0.080%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.4987	+0.080%	$2.6M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.4989	+0.120%	—	$6.9M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.4976	−0.140%	$45K	$247K	25x	as long as short
Orderly PERP_SPX_USDC	+0.0100%	4h	0.4995	+0.241%	$20K	$711	10x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.4981	−0.040%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.4994	+0.211%	$34K	$228K	10x	as long as short
BloFin SPX-USDTlong	+0.0340%	4h	0.4983	long leg	$246K	$945K	75x