Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bullet against OKX−0.006%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 4 days (all we have)−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.006%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.057% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US500-USDT-SWAP | 7,768.9 | 0 | get 0.0000% / 8h | 5h 44m | $129K | $241K | 20x |
| Short | Bullet US500-USD | 7,768.4 | 0 | get 0.0000% / 1h | 44m 40s | $13K | $104K | 10x |
OKX US500-USDT-SWAP
Bullet US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against OKX. 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: −0.006% → −0.063%
- $5.69
- Slippage, 4 orders
- −$20.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$32.55
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from OKX: live order book, 63 min ago; Bullet: live order book, 2 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 OKX live order book, 63 min ago | 1.10 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet live order book, 2 min ago | 0.51 bp | 6.3 bp −$6 | 20.8 bp −$208 | doesn't fit | doesn't fit |
SP500 on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,658 | −1.427% | $7K | $97 | 52x | as long as short |
| QFEX US500-USD | −0.0051% | 1h | 7,768.7 | −0.003% | $9.9M | $3.4M | 30x | as long as short |
| Extended SPX500m-USD | 0.0000% | 1h | 7,770.6 | +0.021% | $3.3M | $10.1M | 25x | as long as short |
| OKX US500-USDT-SWAPlong | 0.0000% | 8h | 7,768.9 | long leg | $129K | $241K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,765.5 | −0.044% | $7.2M | $518K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.2 | −0.318% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USDshort | 0.0000% | 1h | 7,768.4 | −0.006% | $13K | $104K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,767 | −0.024% | $2.1M | $28.9M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,740.9 | −0.360% | $1.5M | $8.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.3 | +0.854% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Extended SPX500m-USD
Bitget SP500USDT
Variational Omni US500
Lighter US500
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.4 | +0.006% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.9 | −0.013% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769.2 | +0.004% | $425.0M | $239.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.9 | −0.039% | $9.2M | $5.4M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.6 | −0.004% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.7 | +0.010% | $9.5M | $8.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.9 | +0.013% | $259K | $175K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0294% | 1h | 7,769.8 | +0.011% | $548 | $29K | 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