Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.080%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.635%+$64 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.080%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.115% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,772.4 | 0 | get 0.0000% / 8h | 6h 39m | $7.2M | $755K | 50x |
| Short | OKX US500-USDT-SWAP | 7,766.2 | 0 | get 0.0000% / 8h | 6h 39m | $152K | $234K | 20x |
Bitget SP500USDT
OKX US500-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $0
- Price spread: −0.080% → +0.035%
- −$11.49
- Slippage, 4 orders
- −$71.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.23
- Costs to cover
- 0.937%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 26 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 Bitget live order book, 4 min ago | 0.64 bp | 18.3 bp −$18 | 27.7 bp −$277 | 29.6 bp −$2,965 | doesn't fit |
| Sell OKX live order book, 26 min ago | 0.64 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
SP500 on 18 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 US500/USDC PERP | −0.0220% | 1h | 7,667.2 | −1.354% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,764.5 | −0.102% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPshort | 0.0000% | 8h | 7,766.2 | −0.080% | $152K | $234K | 20x | |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,772.4 | long leg | $7.2M | $755K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,740.6 | −0.410% | $17.2M | $8.8M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,764.5 | −0.102% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,763.6 | −0.113% | $2.2M | $28.5M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.9 | −0.083% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737 | −0.455% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,830.5 | +0.748% | — | $4.1M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,765.5 | −0.089% | $544K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,762.8 | −0.124% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,764.7 | −0.099% | $433.2M | $240.9M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,763.4 | −0.116% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,764.6 | −0.100% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,765.4 | −0.090% | $9.5M | $7.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,765.8 | −0.085% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0309% | 1h | 7,766 | −0.082% | $564 | $22K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD