Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.019%
Price spread now: Injective against Gate−1.425%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.425% cheaper against Gate than usual: you would sell low and buy high (−$143 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX_USDT | 0.5051 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $1.0M | $556K | 50x |
| Short | Injective SPX/USDC PERP | 0.4979 | 0.0033 | get 0.0004% / 1h | 35m 08s | $9 | $4K | 5.5x |
Gate SPX_USDT
Injective SPX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: −1.425% → 0.000%
- −$142.55
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$171.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. 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 Gate live order book, 2 min ago | 5.95 bp | 104.9 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | +0.0033% | 1h | 0.4979 | −1.425% | $9 | $4K | 5.5x | |
| Lighter SPX | +0.0096% | 1h | 0.5066 | +0.293% | $136K | $359K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5061 | +0.196% | $10.1M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5062 | +0.218% | $5.1M | $21.1M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5057 | +0.119% | $11.5M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5059 | +0.158% | $946K | $2.9M | 20x | as long as short |
| Gate SPX_USDTlong | +0.0100% | 4h | 0.5051 | long leg | $1.0M | $556K | 50x | |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5062 | +0.218% | $11.9M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5057 | +0.119% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5058 | +0.139% | $2.6M | $1.4M | 50x | as long as short |
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5061 | +0.198% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5052 | +0.010% | $885K | $1.4M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5051 | 0.000% | $45K | $243K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5050 | −0.020% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5058 | +0.141% | $34K | $251K | 10x | as long as short |
| Aster SPXUSDT | +0.0124% | 4h | 0.5060 | +0.179% | $129K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0140% | 4h | 0.5068 | +0.337% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5065 | +0.277% | $256K | $1.1M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1423% | 1h | 0.5068 | +0.335% | $251K | $544K | 20x | as long as short |
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD