SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.006%

Price spread now: SunX against Orderly−0.349%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.349% cheaper against Orderly than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SPX_USDC	0.5151	0.0134	pay 0.0067% / 4h	1h 53m	$20K	$511	10x
Short	SunX SPX-USDT	0.5133	0.0100	get 0.0050% / 4h	1h 53m	$8K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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 OrderlybpFee SunXbpOrdersPrice spread, now −0.349%Rate

Funding earned: −$7.2
Price spread: −0.349% → 0.000%: −$34.94
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$56.14
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago	31.75 bp	115.3 bp −$115	doesn't fit	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 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	−0.0570%	1h	0.5154	+0.058%	$27K	$249K	25x	as long as short
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−3.339%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5143	−0.151%	$146K	$354K	5x	as long as short
Aster SPXUSDT	+0.0100%	4h	0.5138	−0.252%	$138K	$92K	10x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5140	−0.215%	$5.4M	$23.8M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5125	−0.505%	$12.1M	$17.7M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5120	−0.602%	$995K	$3.5M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5132	−0.369%	$1.0M	$681K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5132	−0.369%	$11.0M	$4.9M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5139	−0.233%	$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	0.5132	−0.369%	$2.7M	$1.4M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5128	−0.447%	—	$7.0M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5161	+0.188%	$979K	$1.6M	—	as long as short
SunX SPX-USDTshort	+0.0100%	4h	0.5133	−0.349%	$8K	$1.7M	20x
Extended SPX-USD	+0.0104%	1h	0.5127	−0.470%	$44K	$318K	10x	as long as short
Orderly PERP_SPX_USDClong	+0.0134%	4h	0.5151	long leg	$20K	$511	10x
Hyperliquid SPX	+0.0203%	1h	0.5153	+0.047%	$10.8M	$8.9M	5x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5150	−0.019%	$261K	$969K	75x	as long as short
Kraken Futures PF_SPXUSD	+0.2469%	1h	0.5154	+0.065%	$277K	$548K	20x	as long as short