Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Bybit+0.117%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1901.904% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now +0.117%, 7d avg +0.113%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPXUSDT | 0.5112 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $11.6M | $17.0M | 50x |
| Short | KuCoin SPXUSDTM | 0.5118 | 0.0100 | get 0.0050% / 4h | 2h 48m | $3.7M | $5.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: +0.117% → +0.113%
- $0.46
- Slippage, 4 orders
- −$167.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.98
- Costs to cover
- 1.904%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 4 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 Bybit live order book, 5 min ago | 2.93 bp | 21.3 bp −$21 | 77.8 bp −$778 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.88 bp | 54.9 bp −$55 | 279.2 bp −$2,792 | 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 | −2.602% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5122 | +0.205% | $139K | $380K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5121 | +0.166% | $10.4M | $7.9M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5124 | +0.225% | $137K | $130K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5120 | +0.150% | $5.1M | $22.4M | 75x | as long as short |
| Bybit SPXUSDTlong | +0.0100% | 4h | 0.5112 | long leg | $11.6M | $17.0M | 50x | |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5115 | +0.059% | $934K | $3.1M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5120 | +0.156% | $1.0M | $596K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5121 | +0.176% | $11.9M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5118 | +0.117% | $3.7M | $5.4M | 50x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5120 | +0.156% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5118 | +0.117% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5119 | +0.139% | $943K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5123 | +0.215% | $26K | $254K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5114 | +0.039% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5122 | +0.198% | $34K | $253K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0193% | 4h | 0.5128 | +0.313% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5123 | +0.215% | $253K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1433% | 1h | 0.5129 | +0.340% | $250K | $545K | 20x | as long as short |
Bybit SPXUSDT
KuCoin SPXUSDTM
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD