SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.073%

Price spread now: BloFin against Gate+0.369%108s7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2542.544% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.393%+$39 on $10k

Price spread, last 4 days (all we have)−0.527%−$53 · spread now +0.369%, 7d avg +0.069%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.301% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.069%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPX_USDT	0.5144	0.0100	pay 0.0050% / 4h	3h 49m	$1.0M	$571K	50x
Short	BloFin SPX-USDT	0.5163	0.0340	get 0.0170% / 4h	3h 49m	$251K	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.369%Rate

Funding earned: $50.4
Price spread: +0.369% → +0.069%: $30.07
Slippage, 4 orders: −$227.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$173.9
Costs to cover: 2.544%
Break-even: 31.2 days

Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago	6.79 bp	110.0 bp −$110	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.94 bp	22.0 bp −$22	58.1 bp −$581	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	−3.208%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5149	+0.097%	$138K	$355K	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5142	−0.036%	$5.1M	$21.7M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5137	−0.136%	$11.8M	$16.6M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5136	−0.156%	$946K	$3.0M	20x	as long as short
Gate SPX_USDTlong	+0.0100%	4h	0.5144	long leg	$1.0M	$571K	50x
MEXC SPX_USDT	+0.0100%	4h	0.5140	−0.078%	$11.9M	$5.0M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5147	+0.058%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5147	+0.058%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5138	−0.117%	—	$6.9M	—	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPX	+0.0100%	4h	0.5156	+0.225%	$959K	$1.5M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5122	−0.428%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5142	−0.039%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5139	−0.096%	$33K	$244K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0215%	4h	0.5151	+0.136%	$20K	$599	10x	as long as short
Aster SPXUSDT	+0.0295%	4h	0.5153	+0.175%	$137K	$122K	10x	as long as short
BloFin SPX-USDTshort	+0.0340%	4h	0.5163	+0.369%	$251K	$1.0M	75x
Hyperliquid SPX	+0.0521%	1h	0.5141	−0.052%	$10.4M	$7.7M	5x	as long as short
Kraken Futures PF_SPXUSD	+0.1219%	1h	0.5162	+0.342%	$252K	$553K	20x	as long as short