Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Bitget−0.040%7-day average −0.043% · 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−$79as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 4 days (all we have)+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.040%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$2 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 | 7,751.1 | 0 | get 0.0000% / 8h | 7h 33m | $7.2M | $768K | 50x |
| Short | SoDEX US500-USD | 7,748 | 0.0050 | get 0.0006% / 1h | 33m 39s | $1.3M | $191K | 20x |
Bitget SP500USDT
SoDEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.040% → −0.043%
- $0.29
- Slippage, 4 orders
- −$59.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$68.89
- Costs to cover
- 0.797%
- Break-even
- 52.9 days
Slippage from Bitget: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago | 3.67 bp | 20.9 bp −$21 | 24.8 bp −$248 | 43.5 bp −$4,345 | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.06 bp | 18.3 bp −$18 | 49.9 bp −$499 | 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 | 7,663.3 | −1.133% | $7K | $104 | 52x | as long as short |
| Extended SPX500m-USD | −0.0048% | 1h | 7,748.1 | −0.039% | $3.3M | $11.3M | 25x | as long as short |
| QFEX US500-USD | −0.0042% | 1h | 7,746.6 | −0.058% | $9.9M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,753.2 | +0.027% | $141K | $229K | 20x | as long as short |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,751.1 | long leg | $7.2M | $768K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,725.1 | −0.336% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,746.6 | −0.058% | $13K | $105K | 10x | as long as short |
| tradeXYZ xyz:SP500 | +0.0001% | 1h | 7,745.5 | −0.072% | $428.6M | $237.5M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,745.9 | −0.067% | $2.0M | $28.1M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,718.5 | −0.421% | $1.6M | $7.5M | 25x | as long as short |
Injective US500/USDC PERP
Extended SPX500m-USD
QFEX US500-USD
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
tradeXYZ xyz:SP500
Lighter US500
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,815.5 | +0.831% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,750.5 | −0.008% | $623K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,745.2 | −0.077% | $42K | — | 5x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,749.2 | −0.025% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USDshort | +0.0050% | 1h | 7,748 | −0.040% | $1.3M | $191K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,746.9 | −0.054% | $9.5M | $8.3M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,748.3 | −0.037% | $258K | $173K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0322% | 1h | 7,747.9 | −0.041% | $473 | $30K | 10x | as long as short |
Vest SPX-USD-PERP
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD