SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%

Price spread now: Lighter against MEXC+0.052%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$630.629% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.052%, 7d avg +0.047%

Together, before fees−0.109%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPX_USDT	0.5010	0.0100	pay 0.0050% / 4h	15m 17s	$11.7M	$4.9M	100x
Short	Lighter SPX	0.5013	0.0096	get 0.0012% / 1h	15m 17s	$134K	$357K	5x

Funding history

latest

Range statsloading…

Lighter against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee LighterbpOrdersPrice spread, now +0.052%Rate

Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 34 min ago.

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, 3 min ago	1.00 bp	9.1 bp −$9	28.5 bp −$285	174.2 bp −$17.4K	doesn't fit
Sell Lighter live order book, 34 min ago	22.24 bp	22.3 bp −$22	79.3 bp −$793	doesn't fit	doesn't fit

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	−0.619%	$9	$4K	5.5x	as long as short
Lighter SPXshort	+0.0096%	1h	0.5013	+0.052%	$134K	$357K	5x
Hyperliquid SPX	+0.0100%	1h	0.5016	+0.116%	$10.1M	$7.5M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5008	−0.040%	$5.0M	$21.5M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5004	−0.120%	$11.3M	$16.4M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5006	−0.080%	$930K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5003	−0.140%	$998K	$563K	50x	as long as short
MEXC SPX_USDTlong	+0.0100%	4h	0.5010	long leg	$11.7M	$4.9M	100x
KuCoin SPXUSDTM	+0.0100%	4h	0.5007	−0.060%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5010	0.000%	$2.6M	$1.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDT	+0.0100%	4h	0.5007	−0.060%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5003	−0.147%	$843K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5017	+0.140%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5000	−0.200%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5008	−0.037%	$33K	$247K	10x	as long as short
Aster SPXUSDT	+0.0125%	4h	0.5008	−0.035%	$134K	$122K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0163%	4h	0.5014	+0.080%	$20K	$599	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5014	+0.080%	$251K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1287%	1h	0.5016	+0.126%	$245K	$550K	20x	as long as short