SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against MEXC+0.020%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.387%+$39 on $10k

Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.020%, 7d avg −0.012%

Together, before fees+0.150%+$15 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 0.032% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPX_USDT	0.5122	0.0100	pay 0.0050% / 4h	1h 50m	$11.0M	$4.9M	100x
Short	BloFin SPX-USDT	0.5123	0.0340	get 0.0170% / 4h	1h 50m	$265K	$966K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $50.4
Price spread: +0.020% → −0.012%: $3.15
Slippage, 4 orders: −$22.26
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.3
Costs to cover: 0.383%
Break-even: 4.9 days

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 44 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 MEXC live order book, 5 min ago	0.97 bp	8.4 bp −$8	34.4 bp −$344	189.1 bp −$18.9K	doesn't fit
Sell BloFin live order book, 44 min ago	3.84 bp	11.3 bp −$11	37.3 bp −$373	doesn't fit	doesn't fit

SPX on 19 exchanges

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
ApeX Omni SPXUSDT	−0.0213%	1h	0.5126	+0.078%	$26K	$249K	25x	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−2.792%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5125	+0.066%	$145K	$354K	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5118	−0.078%	$138K	$93K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5120	−0.039%	$5.4M	$23.8M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5113	−0.176%	$12.1M	$17.7M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5116	−0.117%	$992K	$3.5M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5118	−0.078%	$1.0M	$682K	50x	as long as short
MEXC SPX_USDTlong	+0.0100%	4h	0.5122	long leg	$11.0M	$4.9M	100x
KuCoin SPXUSDTM	+0.0100%	4h	0.5118	−0.078%	$3.7M	$5.5M	50x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPXUSDT	+0.0100%	4h	0.5125	+0.059%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5117	−0.098%	—	$7.0M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5161	+0.755%	$979K	$1.6M	—	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5114	−0.156%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5115	−0.141%	$43K	$318K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0134%	4h	0.5124	+0.039%	$20K	$511	10x	as long as short
Hyperliquid SPX	+0.0183%	1h	0.5126	+0.084%	$10.7M	$8.9M	5x	as long as short
BloFin SPX-USDTshort	+0.0340%	4h	0.5123	+0.020%	$265K	$966K	75x
Kraken Futures PF_SPXUSD	+0.2477%	1h	0.5138	+0.303%	$276K	$548K	20x	as long as short