Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.043%
Price spread now: Variational Omni against Extended−0.255%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+2.398%+$240 · spread now −0.255%, 7d avg −0.059%
=Together, before fees+2.217%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$222 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: Variational Omni is 0.196% cheaper against Extended than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX-USD | 0.5116 | 0.0104 | pay 0.0013% / 1h | 52m 34s | $33K | $299K | 10x |
| Short | Variational Omni SPX | 0.5103 | 0.0100 | get 0.0050% / 4h | 3h 52m | $952K | $1.6M | — |
Extended SPX-USD
Variational Omni SPXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.255% → −0.059%
- −$19.62
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$25.46
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 44 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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, 44 min ago | 3.43 bp | 38.1 bp −$38 | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 7.85 bp | doesn't fit | 54.9 bp −$549 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPX_USDT | +0.0028% | 4h | 0.5115 | −0.024% | $1.0M | $642K | 50x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −2.682% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5118 | +0.033% | $141K | $405K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5113 | −0.063% | $10.3M | $8.4M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5121 | +0.092% | $137K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5117 | +0.008% | $5.1M | $23.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5109 | −0.141% | $11.8M | $17.8M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5111 | −0.102% | $977K | $3.4M | 20x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5114 | −0.043% | $11.6M | $5.0M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5116 | −0.004% | $3.7M | $5.5M | 50x | as long as short |
Gate SPX_USDT
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDT
KuCoin SPXUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5119 | +0.055% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5115 | −0.024% | — | $7.0M | — | as long as short |
| Variational Omni SPXshort | +0.0100% | 4h | 0.5103 | −0.255% | $952K | $1.6M | — | |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5103 | −0.258% | $26K | $249K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5125 | +0.172% | $20K | $599 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5109 | −0.141% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USDlong | +0.0104% | 1h | 0.5116 | long leg | $33K | $299K | 10x | |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5115 | −0.024% | $251K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1470% | 1h | 0.5136 | +0.388% | $260K | $554K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
BloFin SPX-USDT
Kraken Futures PF_SPXUSD