Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: KuCoin against Extended−0.195%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2542.545% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.195%, 7d avg +0.041%
=Together, before fees+0.187%+ Points / potential airdropExtended: Active · farm board+$19 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: KuCoin is 0.236% cheaper against Extended than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5022 | 0.0104 | pay 0.0013% / 1h | 40m 13s | $37K | $261K | 10x |
| Short | KuCoin SPXUSDTM | 0.5012 | 0.0100 | get 0.0050% / 4h | 2h 40m | $3.7M | $5.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.195% → +0.041%
- −$23.64
- Slippage, 4 orders
- −$237.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$278.97
- Costs to cover
- 2.545%
- Break-even
- never at this rate
Slippage from Extended: live order book, 27 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 Extended live order book, 27 min ago | 3.70 bp | 25.9 bp −$26 | 189.6 bp −$1,896 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.97 bp | 105.8 bp −$106 | 268.9 bp −$2,689 | 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 | −0.852% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5030 | +0.163% | $136K | $358K | 5x | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5030 | +0.168% | $870K | $1.4M | — | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5021 | −0.022% | $10.0M | $7.7M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5033 | +0.222% | $128K | $111K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5021 | −0.019% | $5.1M | $21.4M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5023 | +0.024% | $11.4M | $16.2M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5024 | +0.044% | $945K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5007 | −0.295% | $997K | $549K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5025 | +0.064% | $11.1M | $4.8M | 100x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5012 | −0.195% | $3.7M | $5.4M | 50x | |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5011 | −0.215% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5010 | −0.235% | — | $6.8M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5064 | +0.840% | $45K | $246K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5007 | −0.295% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5022 | long leg | $37K | $261K | 10x | |
| Orderly PERP_SPX_USDC | +0.0109% | 4h | 0.5027 | +0.103% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5071 | +0.980% | $257K | $1.1M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1186% | 1h | 0.5035 | +0.259% | $249K | $558K | 20x | as long as short |
Extended SPX-USD
KuCoin SPXUSDTM
Injective SPX/USDC PERP
Lighter SPX
Variational Omni SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD