Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Paradex against Bitget−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Paradex is 0.073% cheaper against Bitget than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,769.5 | 0 | get 0.0000% / 8h | 2h 33m | $7.2M | $776K | 50x |
| Short | Paradex US500-USD-PERP | 7,763.8 | 0.0050 | get 0.0050% / 8h | 2h 33m | $43K | — | 5x |
Bitget SP500USDT
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bitget. 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
- $10.5
- Price spread: −0.073% → 0.000%
- −$7.34
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$12.84
- Costs to cover
- 0.160%
- Break-even
- 15.6 days
Slippage unknown: Bitget: live order book, 5 min ago; Paradex: no order-book sample. 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 Bitget live order book, 5 min ago | 4.76 bp | 15.1 bp −$15 | 34.3 bp −$343 | 37.4 bp −$3,738 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,663.1 | −1.369% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0033% | 1h | 7,765.6 | −0.050% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.8 | −0.035% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,769.5 | long leg | $7.2M | $776K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,740.8 | −0.370% | $17.5M | $9.6M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.3 | −0.041% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764 | −0.071% | $2.1M | $28.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766.2 | −0.043% | $3.2M | $14.9M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.6 | −0.411% | $1.6M | $7.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.4 | +0.796% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,767.3 | −0.028% | $584K | $486K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,763.8 | −0.073% | $43K | — | 5x | |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,765.5 | −0.051% | $431.4M | $234.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.2 | −0.068% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.5 | −0.051% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767 | −0.033% | $9.5M | $7.8M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,766.4 | −0.040% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0259% | 1h | 7,764.9 | −0.060% | $519 | $26K | 10x | as long as short |
Popdex US500USDT
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD