SPX Funding Rates: Live Across 21 Exchanges

As of 2026-10-04 20:06 UTC, SPX perpetual funding averages 0.0114% per 8 hours (12.46% APR) across all 21 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Hyperliquid at 0.0048% per 1h (42.17% APR). Lowest: Kraken at -0.0034% per 1h (-29.52% APR). Going long on Kraken and short on Hyperliquid collects a gross spread of 0.0655% per 8 hours (71.69% APR) before fees.

Long SPX on Kraken and short on Hyperliquid for a funding gap of 0.0655% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the SPX funding rate positive right now?

Mostly yes. SPX funding is positive on 19 of the 21 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest SPX funding rate?

Hyperliquid at 0.0048% per 1h (42.17% APR). The lowest is Kraken at -0.0034% per 1h (-29.52% APR).

What is the SPX funding arbitrage spread?

The gross spread is 0.0655% per 8 hours (71.69% APR): long SPX on Kraken and short on Hyperliquid. Trading fees, slippage and price basis reduce the net return.

How often is SPX funding paid?

SPX funding is paid every 8 hours on Lighter and Deepcoin; every 4 hours on Aster, XT.COM, Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, BingX, BTSE, LBank, WEEX, Toobit, and WOOFi Pro; every hour on Crypto.com, Hyperliquid, Extended, and Kraken. Rates on this page are also shown as APR so they can be compared directly.