SPY funding arbitrage: bingx vs variational

Long NCSKSPY2USD-USDT on bingx against short US500 on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbingxNCSKSPY2USD-USDT-0.0050% / 8h-5.48%$2.07M$909.7K
ShortvariationalUS5000.0012% / 8h+1.27%$6.81M$56.35M

Funding spread +6.75% APR. Price spread -0.0306%.

Data generated at 2026-09-01T05:32:39Z. Live numbers load on this page automatically.