SPX 永续合约资金费率 — 各交易所对比
SPX6900
Best Spread
80.6% APR
Long (Lowest)
Short (Highest)
Mark Price
$0.4388
Total OI
$46.5M
24h Volume
$52.6M
SPX 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序($10,000 仓位,已扣除开平仓成本),而不是瞬时年化。
过去一周,SPX 没有任何多空组合的资金费收入能覆盖开平仓成本。
过去 7 天的实际数据,不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+37.26%
Interval
4h
Open Interest
$242K
Mark Price
$0.4408
+23.67%
Interval
1h
Open Interest
$216K
Mark Price
$0.44
+11.40%
Interval
1h
Open Interest
$20K
Mark Price
$0.4388
+10.96%
Interval
4h
Open Interest
$4.3M
Mark Price
$0.4394
+10.96%
Interval
4h
Open Interest
$11.2M
Mark Price
$0.4377
+10.96%
Interval
4h
Open Interest
$743K
Mark Price
$0.438
+10.96%
Interval
1h
Open Interest
$3.9M
Mark Price
$0.4389
+10.96%
Interval
4h
Open Interest
$2.1M
Mark Price
$0.4393
+10.96%
Interval
4h
Open Interest
$2.5M
Mark Price
$0.4395
+10.96%
Interval
4h
Open Interest
$3.4M
Mark Price
$0.4387
+10.96%
Interval
4h
Open Interest
$8.0M
Mark Price
$0.4392
+10.96%
Interval
4h
Open Interest
$108K
Mark Price
$0.4398
+10.96%
Interval
4h
Open Interest
$13K
Mark Price
$0.4384
+10.96%
Interval
1h
Open Interest
$19K
Mark Price
$0.4397
+10.96%
Interval
4h
Open Interest
$514K
Mark Price
$0.439
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.4395
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.4393
+10.96%
Interval
4h
Open Interest
$128K
Mark Price
$0.438
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.4379
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.4384
+10.96%
Interval
1h
Open Interest
$3.9M
Mark Price
$0.4389
+10.96%
Interval
1h
Open Interest
$3.9M
Mark Price
$0.4389
+7.01%
Interval
4h
Open Interest
$439K
Mark Price
$0.4395
-9.83%
Interval
4h
Open Interest
$753K
Mark Price
$0.4391
-43.33%
Interval
1h
Open Interest
$1K
Mark Price
$0.4392
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| +37.26% | 4h | $242K | $0.4408 | |
| +23.67% | 1h | $216K | $0.44 | |
| +11.40% | 1h | $20K | $0.4388 | |
| +10.96% | 4h | $4.3M | $0.4394 | |
| +10.96% | 4h | $11.2M | $0.4377 | |
| +10.96% | 4h | $743K | $0.438 | |
| +10.96% | 1h | $3.9M | $0.4389 | |
| +10.96% | 4h | $2.1M | $0.4393 | |
| +10.96% | 4h | $2.5M | $0.4395 | |
| +10.96% | 4h | $3.4M | $0.4387 | |
| +10.96% | 4h | $8.0M | $0.4392 | |
| +10.96% | 4h | $108K | $0.4398 | |
| +10.96% | 4h | $13K | $0.4384 | |
| +10.96% | 1h | $19K | $0.4397 | |
| +10.96% | 4h | $514K | $0.439 | |
| +10.96% | 4h | — | $0.4395 | |
| +10.96% | 4h | — | $0.4393 | |
| +10.96% | 4h | $128K | $0.438 | |
| +10.96% | 4h | — | $0.4379 | |
| +10.96% | 4h | — | $0.4384 | |
| +10.96% | 1h | $3.9M | $0.4389 | |
| +10.96% | 1h | $3.9M | $0.4389 | |
| +7.01% | 4h | $439K | $0.4395 | |
| -9.83% | 4h | $753K | $0.4391 | |
| -43.33% | 1h | $1K | $0.4392 |
SPX 资金费率的含义
资金费率数据更新于 2026-10-01 19:57 UTC
ORBIT 按交易所实时汇总 SPX(SPX6900) 永续合约在 25 家交易所的资金费率。资金费率是多头与空头之间的周期性支付,用来把永续合约价格锚定在现货附近:费率为正时多头向空头支付,为负时空头向多头支付。目前 SPX 的年化资金费率从 Crypto.com 的 -43.33% 到 BloFin 的 +37.26% 不等。
SPX 当前最大的跨所资金费率价差为年化 80.6%。德尔塔中性的跨所套利正是赚取这一差额:在费率最低的 Crypto.com 做多,在费率最高的 BloFin 做空。两条腿等额反向,价格波动相互抵消,留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史,并按实时订单簿扣除吃单手续费和滑点,得到的是净收益,而不是宣传数字。
SPX 在所跟踪的永续品种中持仓量排名第 151,各交易所合计持仓量 $46.5M,24 小时成交量 $52.6M,成交量加权标记价格 $0.4388。流动性越深,就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤,只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 SPX 资金费率最高?
- BloFin,年化 +37.26%。较高的正费率意味着空头收取资金费用,因此它是跨所套利中做空的一方。费率每个结算周期都会变化,当前数值请以实时筛选器为准。
- 为赚取资金费率,SPX 应在哪家交易所做多?
- Crypto.com 的 SPX 资金费率最低,为年化 -43.33%,在那里做多成本最低(甚至可收取费用)。与费率最高的交易所配对,即构成德尔塔中性的价差组合。
- SPX 最佳的资金费率套利组合是什么?
- 价差最大的组合是 Crypto.com 做多 / BloFin 做空,扣除成本前约为年化 80.6%。确定仓位规模前,请先在 ORBIT 回测器中验证,它会扣除真实的手续费和滑点。
- SPX 的资金费用多久结算一次?
- 各交易所资金间隔不同(1 小时、4 小时)。在年化费率相同的情况下,间隔越长,单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率,便于直接比较。
- SPX 的资金费率目前是正还是负?
- 各交易所正负不一,年化从 -43.33% 到 +37.26%——正是这种分歧创造了跨所套利机会。