Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.015%
Price spread now: Markets by Kinetiq against Extended−0.381%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$120.119% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days+0.250%+$25 · spread now −0.381%, 7d avg −0.213%
=Together, before fees+0.408%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Markets by Kinetiq is 0.169% cheaper against Extended than usual: you would sell low and buy high (spread −0.381% now, against its 7-day average of −0.213%). If the spread goes back, that is −$17 on $10k: about 41 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.158% in total) that is about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX500m-USD | 7,768.1 | 0.0032 | pay 0.0004% / 1h | 32m 00s | $3.2M | $12.6M | 25x |
| Short | Markets by Kinetiq mkts:US500 | 7,738.5 | 0.0046 | get 0.0006% / 1h | 32m 00s | $1.6M | $7.4M | 25x |
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Markets by Kinetiq against Extended. 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
- $2.87
- Price spread: −0.381% → −0.213%
- −$16.86
- Slippage, 4 orders
- −$5.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Net
- −$25.91
- Costs to cover
- 0.119%
- Break-even
- 70.2 days
Slippage from Extended: live order book, 2 min ago; Markets by Kinetiq: 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 Extended live order book, 2 min ago | 0.84 bp | 6.5 bp −$7 | 8.4 bp −$84 | 21.6 bp −$2,156 | doesn't fit |
| Sell Markets by Kinetiq live order book, 5 min ago | 0.06 bp | 1.0 bp −$1 | doesn't fit | 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 | 7,666.6 | −1.307% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,767 | −0.014% | $11.9M | $2.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.022% | $141K | $230K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768 | −0.002% | $7.2M | $767K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.3 | −0.332% | $17.5M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.7 | −0.018% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.4 | −0.035% | $1.9M | $28.1M | 50x | as long as short |
| Extended SPX500m-USDlong | +0.0032% | 1h | 7,768.1 | long leg | $3.2M | $12.6M | 25x | |
| Markets by Kinetiq mkts:US500short | +0.0046% | 1h | 7,738.5 | −0.381% | $1.6M | $7.4M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.1 | +0.837% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter 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 | 7,768.2 | +0.001% | $625K | $527K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.6 | −0.032% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.8 | −0.017% | $436.6M | $233.7M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.025% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.3 | −0.023% | $1.3M | $167K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,766.6 | −0.019% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.8 | −0.004% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0335% | 1h | 7,767.3 | −0.011% | $447 | $29K | 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