Funding you earn now, next payment 04:00 UTC+0.0238%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against Orderly+0.257%232s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$7 a day on $10k at the current rate, and BloFin is 0.257% dearer against Orderly than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 232 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 | Orderly PERP_SPX_USDC | 0.5058 | 0.0102 | pay 0.0051% / 4h | 2h 44m | $20K | $599 | 10x |
| Short | BloFin SPX-USDT | 0.5071 | 0.0340 | get 0.0170% / 4h | 2h 44m | $257K | $1.1M | 75x |
Orderly PERP_SPX_USDC
BloFin SPX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $49.98
- Price spread: +0.257% → 0.000%
- $25.7
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $57.68
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 7 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 7 min ago | 3.95 bp | 30.3 bp −$30 | 68.7 bp −$687 | doesn't fit | doesn't fit |
Orderly: 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 PERP | +0.0033% | 1h | 0.4979 | −1.562% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | +0.0081% | 4h | 0.5028 | −0.599% | $841K | $1.3M | — | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5053 | −0.101% | $136K | $358K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5057 | −0.018% | $10.0M | $7.7M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5055 | −0.051% | $128K | $111K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5053 | −0.097% | $5.1M | $21.4M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5049 | −0.178% | $11.4M | $16.1M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5050 | −0.158% | $951K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5046 | −0.237% | $1.0M | $543K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5053 | −0.099% | $11.2M | $4.8M | 100x | as long as short |
Injective SPX/USDC PERP
Variational Omni SPX
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
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 | 0.5049 | −0.178% | $3.7M | $5.4M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5050 | −0.158% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5051 | −0.138% | — | $6.9M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5038 | −0.395% | $45K | $246K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5042 | −0.316% | $8K | $1.7M | 20x | as long as short |
| Orderly PERP_SPX_USDClong | +0.0102% | 4h | 0.5058 | long leg | $20K | $599 | 10x | |
| Extended SPX-USD | +0.0104% | 1h | 0.5051 | −0.135% | $37K | $261K | 10x | as long as short |
| BloFin SPX-USDTshort | +0.0340% | 4h | 0.5071 | +0.257% | $257K | $1.1M | 75x | |
| Kraken Futures PF_SPXUSD | +0.1180% | 1h | 0.5061 | +0.058% | $247K | $553K | 20x | as long as short |
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Kraken Futures PF_SPXUSD