Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: OKX against Injective+2.892%108s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 2.892% dearer against Injective than usual: you sell high and buy low: +$289 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Injective SPX/USDC PERP | 0.4979 | 0.0033 | pay 0.0004% / 1h | 35m 27s | $9 | $4K | 5.5x |
| Short | OKX SPX-USDT-SWAP | 0.5123 | 0.0100 | get 0.0050% / 4h | 3h 35m | $979K | $3.4M | 20x |
Injective SPX/USDC PERP
OKX SPX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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: +2.892% → 0.000%
- $289.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $293.19
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.93 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 PERPlong | +0.0033% | 1h | 0.4979 | long leg | $9 | $4K | 5.5x | |
| Variational Omni SPX | +0.0083% | 4h | 0.5114 | +2.715% | $954K | $1.6M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5126 | +2.944% | $141K | $406K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5126 | +2.948% | $10.4M | $8.4M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5124 | +2.917% | $137K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5124 | +2.920% | $5.1M | $23.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5121 | +2.852% | $11.8M | $17.9M | 50x | as long as short |
| OKX SPX-USDT-SWAPshort | +0.0100% | 4h | 0.5123 | +2.892% | $979K | $3.4M | 20x | |
| Gate SPX_USDT | +0.0100% | 4h | 0.5114 | +2.711% | $1.0M | $646K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5125 | +2.932% | $11.7M | $5.0M | 100x | as long as short |
Variational Omni SPX
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
Gate SPX_USDT
MEXC SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5119 | +2.812% | $3.7M | $5.5M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5129 | +3.013% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5124 | +2.912% | — | $7.0M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5127 | +2.972% | $26K | $249K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5127 | +2.972% | $20K | $599 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5110 | +2.631% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5126 | +2.945% | $46K | $314K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5136 | +3.153% | $251K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1470% | 1h | 0.5137 | +3.174% | $260K | $553K | 20x | as long as short |
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD