Settings8H · net · $10k
Funding arb · Price arb /

SPX

all SPX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.51 per $10,000 · paid last 24h +0.092%
Price spread now: Bitget against Variational Omni+0.123%7-day average +0.134% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.169%+$17 on $10k
Price spread, last 3 days (all we have)−0.745%−$75 · spread now +0.123%, 7d avg +0.134%
Together, before fees−0.576%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPX0.5005−0.0001get 0.0001% / 4h2h 32m$843K$1.3M
ShortBitget SPXUSDT0.50110.0100get 0.0050% / 4h2h 32m$2.6M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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

Funding earned
$21.21
Price spread: +0.123% → +0.134%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$8.11
Costs to cover
0.120%
Break-even
4.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago7.99 bpdoesn't fit87.9 bp −$879doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.98 bp29.6 bp −$3059.4 bp −$594doesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SPXUSD−0.0415%1h0.5006+0.025%$232K$560K20xas long as short
Variational Omni SPXlong−0.0001%4h0.5005long leg$843K$1.3M
Injective SPX/USDC PERP+0.0033%1h0.4979−0.516%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5013+0.163%$115K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5013+0.163%$9.8M$7.2M5xas long as short
Aster SPXUSDT+0.0100%4h0.5016+0.232%$124K$97K10xas long as short
Binance SPXUSDT+0.0100%4h0.5008+0.057%$4.9M$19.5M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5003−0.036%$11.6M$15.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5010+0.103%$976K$2.6M20xas long as short
Gate SPX_USDT+0.0100%4h0.5010+0.103%$1.0M$476K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5007+0.043%$11.5M$4.5M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5010+0.103%$3.8M$5.2M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5011+0.123%$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5008+0.063%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5010+0.103%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5016+0.223%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5000−0.096%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5007+0.052%$34K$226K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5010+0.103%$251K$912K75xas long as short