Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.017%
Price spread now: Extended against KuCoin−0.076%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2312.313% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.076%, 7d avg −0.043%
=Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$2 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: Extended is 0.033% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPXUSDTM | 0.5171 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $3.7M | $5.3M | 50x |
| Short | Extended SPX-USD | 0.5167 | 0.0104 | get 0.0013% / 1h | 19m 53s | $34K | $252K | 10x |
KuCoin SPXUSDTM
Extended SPX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.076% → −0.043%
- −$3.28
- Slippage, 4 orders
- −$214.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$233.79
- Costs to cover
- 2.313%
- Break-even
- 1955.2 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 32 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 KuCoin live order book, 3 min ago | 1.96 bp | 121.6 bp −$122 | 503.2 bp −$5,032 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 3.40 bp | 30.6 bp −$31 | 212.0 bp −$2,120 | 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 | −3.713% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5181 | +0.186% | $151K | $370K | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5176 | +0.097% | $5.2M | $22.2M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5169 | −0.039% | $11.8M | $17.0M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5170 | −0.019% | $936K | $3.1M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5172 | +0.019% | $1.0M | $590K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5171 | 0.000% | $11.9M | $5.1M | 100x | as long as short |
| KuCoin SPXUSDTMlong | +0.0100% | 4h | 0.5171 | long leg | $3.7M | $5.3M | 50x | |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5179 | +0.155% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5172 | +0.019% | — | $6.9M | — | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
Bitget SPXUSDT
BingX SPX-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPX | +0.0100% | 4h | 0.5138 | −0.636% | $955K | $1.5M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5130 | −0.793% | $26K | $255K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5169 | −0.039% | $8K | $1.7M | 20x | as long as short |
| Extended SPX-USDshort | +0.0104% | 1h | 0.5167 | −0.076% | $34K | $252K | 10x | |
| Aster SPXUSDT | +0.0172% | 4h | 0.5173 | +0.034% | $138K | $129K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0215% | 4h | 0.5178 | +0.135% | $21K | $599 | 10x | as long as short |
| Hyperliquid SPX | +0.0233% | 1h | 0.5178 | +0.128% | $10.6M | $7.8M | 5x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5139 | −0.619% | $255K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1211% | 1h | 0.5194 | +0.442% | $254K | $549K | 20x | as long as short |
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Aster SPXUSDT
Orderly PERP_SPX_USDC
Hyperliquid SPX
BloFin SPX-USDT
Kraken Futures PF_SPXUSD