Funding you earn now, next payment 10:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.066%
Price spread now: OKX against Injective+1.287%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.680%+$68 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 1.287% dearer against Injective than usual: you sell high and buy low (spread +1.287% now, against zero (this spread has no 7-day history yet)): +$129 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.680%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective US500/USDC PERP | 7,663.3 | 0.0033 | pay 0.0004% / 1h | 57m 12s | $7K | $100 | 52x |
| Short | OKX US500-USDT-SWAP | 7,761.9 | 0 | get 0.0000% / 8h | 6h 57m | $137K | $235K | 20x |
Injective US500/USDC PERP
OKX US500-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- −$7
- Price spread: +1.287% → 0.000%
- $128.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $111.65
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 33 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 33 min ago | 0.84 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX US500-USD | −0.0052% | 1h | 7,762.7 | +1.297% | $9.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPshort | 0.0000% | 8h | 7,761.9 | +1.287% | $137K | $235K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,767.4 | +1.358% | $7.2M | $566K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.5 | +1.008% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,763.5 | +1.308% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,762.5 | +1.294% | $2.1M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.6 | +1.334% | $3.2M | $10.7M | 25x | as long as short |
| Injective US500/USDC PERPlong | +0.0033% | 1h | 7,663.3 | long leg | $7K | $100 | 52x | |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,735 | +0.936% | $1.5M | $7.8M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.1 | +2.190% | — | $4.3M | 50x | as long as short |
QFEX US500-USD
Bitget SP500USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SP500 | +0.0047% | 1h | 7,765.8 | +1.338% | $426.1M | $243.1M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,762.1 | +1.289% | $624K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,761.9 | +1.286% | $43K | — | 5x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,762.2 | +1.291% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,763.9 | +1.313% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,762.7 | +1.296% | $9.5M | $8.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,764.9 | +1.325% | $259K | $172K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0251% | 1h | 7,765.7 | +1.337% | $546 | $30K | 10x | as long as short |
tradeXYZ xyz:SP500
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD