Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.184%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.184%, 7d avg +0.033%
=Together, before fees−0.148%+ Points / potential airdropExtended: Active · farm board−$15 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: BingX is 0.151% dearer against Extended than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5112 | 0.0104 | pay 0.0013% / 1h | 39m 19s | $34K | $256K | 10x |
| Short | BingX SPX-USDT | 0.5121 | 0.0100 | get 0.0050% / 4h | 39m 19s | — | $7.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: +0.184% → +0.033%
- $15.09
- Slippage, 4 orders
- −$86.72
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.46
- Costs to cover
- 1.017%
- Break-even
- never at this rate
Slippage from Extended: live order book, 63 min ago; BingX: live order book, 13 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 Extended live order book, 63 min ago | 3.68 bp | 23.7 bp −$24 | 187.2 bp −$1,872 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 8.75 bp | 23.1 bp −$23 | 53.9 bp −$539 | 258.1 bp −$25.8K | 1147.6 bp −$573.8K |
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 | −2.594% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5124 | +0.246% | $140K | $405K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5118 | +0.131% | $10.4M | $8.3M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5122 | +0.195% | $137K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5120 | +0.168% | $5.2M | $23.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5117 | +0.106% | $11.8M | $17.8M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5115 | +0.066% | $971K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5115 | +0.066% | $1.0M | $656K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5120 | +0.164% | $11.7M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5109 | −0.051% | $3.7M | $5.5M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5121 | +0.184% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDTshort | +0.0100% | 4h | 0.5121 | +0.184% | — | $7.0M | — | |
| Variational Omni SPX | +0.0100% | 4h | 0.5144 | +0.643% | $997K | $1.6M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5156 | +0.868% | $26K | $248K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5114 | +0.047% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5112 | long leg | $34K | $256K | 10x | |
| Orderly PERP_SPX_USDC | +0.0158% | 4h | 0.5127 | +0.301% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5125 | +0.262% | $253K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1263% | 1h | 0.5133 | +0.421% | $255K | $553K | 20x | as long as short |
Extended SPX-USD
BingX SPX-USDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD