Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%
Price spread now: Bybit against Extended−0.040%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.040%, 7d avg −0.041%
=Together, before fees−0.098%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
| 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 | 53m 50s | $33K | $299K | 10x |
| Short | Bybit SPXUSDT | 0.5110 | 0.0100 | get 0.0050% / 4h | 3h 53m | $11.8M | $17.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.040% → −0.041%
- $0.09
- Slippage, 4 orders
- −$86.06
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.8
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; Bybit: live order book, 5 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, 43 min ago | 3.43 bp | 38.1 bp −$38 | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.94 bp | 18.4 bp −$18 | 47.6 bp −$476 | 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 | −2.603% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5117 | +0.101% | $141K | $405K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5117 | +0.093% | $10.3M | $8.4M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5119 | +0.143% | $137K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5117 | +0.092% | $5.1M | $23.8M | 75x | as long as short |
| Bybit SPXUSDTshort | +0.0100% | 4h | 0.5110 | −0.040% | $11.8M | $17.8M | 50x | |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5109 | −0.060% | $976K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5113 | +0.019% | $1.0M | $642K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5115 | +0.058% | $11.6M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5114 | +0.038% | $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 | 0.5119 | +0.136% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5115 | +0.058% | — | $7.0M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5103 | −0.174% | $952K | $1.6M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5104 | −0.157% | $26K | $249K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5124 | +0.234% | $20K | $599 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5109 | −0.060% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5112 | long leg | $33K | $299K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5107 | −0.099% | $252K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1469% | 1h | 0.5139 | +0.522% | $260K | $554K | 20x | as long as short |
Extended SPX-USD
Bybit SPXUSDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD