Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.050%7-day average −0.061% · 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−$66as in the Price arb table
costs, in and out, $10k−$670.669% of the position
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.050%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,768.9 | 0 | get 0.0000% / 8h | 3h 52m | $7.2M | $776K | 50x |
| Short | QFEX US500-USD | 7,765 | −0.0030 | pay 0.0004% / 1h | 52m 02s | $11.9M | $3.2M | 30x |
Bitget SP500USDT
QFEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$6.32
- Price spread: −0.050% → −0.061%
- $1.08
- Slippage, 4 orders
- −$44.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$72.12
- Costs to cover
- 0.669%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; QFEX: live order book, 7 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 Bitget live order book, 1 min ago | 5.92 bp | 23.4 bp −$23 | 32.6 bp −$326 | 34.6 bp −$3,455 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.74 bp | 7.8 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
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 | 7,664.2 | −1.348% | $7K | $105 | 52x | as long as short |
| QFEX US500-USDshort | −0.0030% | 1h | 7,765 | −0.050% | $11.9M | $3.2M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.8 | −0.040% | $151K | $221K | 20x | as long as short |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,768.9 | long leg | $7.2M | $776K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,740 | −0.372% | $17.5M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,765.4 | −0.045% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764 | −0.063% | $2.1M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766 | −0.038% | $3.2M | $15.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,736.9 | −0.412% | $1.6M | $6.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.3 | +0.803% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
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 | 7,767.5 | −0.018% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,763.8 | −0.066% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,765.3 | −0.046% | $431.5M | $237.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | −0.055% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.3 | −0.046% | $1.1M | $71K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,766.4 | −0.033% | $9.5M | $7.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,766.5 | −0.031% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0258% | 1h | 7,764.9 | −0.052% | $579 | $25K | 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