SP500

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateSPX500_USDT	7,642	0	0.0000% / 8h	7h 17m	$1.6M	$20K	100x	Long Gate
SHORT	Variational OmniUS500	7,625.2	0	0.0000% / 8h	7h 17m	$18.0M	$1.3M	20x	Short Variational Omni+15% pts

Price gap−0.220%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$70.0000% /8h now · paid +0.066% over the last 7D

Price$0spread −0.220% now, avg −0.220% → 0.000% if it goes back

Costs−$1201.197% of $10k · taker + slippage, in and out

Result−$113−1.13%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.220%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SP500 on 25 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size72.7 / 2.1 bp
At $10k entering Gate costs 72.7 bp, fee and slippage, 34.3× Variational Omni’s.
Note: Margin at max leverage$100 + $500
Gate 100x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
Note: Gap at its usual level−0.220% vs −0.220%
The price leg adds little either way.
Watch: Long leg is thinner$1.6M vs $18.0M OI
Gate sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCGate Yes · Variational Omni No
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0031%/8h × 21 periods+$6.56

Price spread−0.220% → −0.220% (7d avg)$0.00

Slippage, 4 orderslive order books−$104.74

Fee Gate bp × 2 orders−$15.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$113.18

Costs to cover1.197%Break-even127.8 days

Slippage: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate7.8972.7 bp−$73118.8 bp−$1,188doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni1.892.1 bp−$22.3 bp−$23doesn’t fitdoesn’t fit

Closing costs about the same again.

SP500 news

posts that mention SP500 or S&P 500, from every exchangeSearch all news →

10-24 20:00	Kalshi	Other	JUST IN: Investment firm says S&P 500 could plunge 30% if AI stocks "go bust" @Kalshi on X ↗
10-23 12:00	Bybit	Other	@Bybit_Learn Recap of market action yesterday (Thur, Oct 22): - Bitcoin -4%, biggest 1-day drop since June - S&P 500 -1.2%, biggest 1-day drop since July - Gold -2.8%, now set for biggest weekly drop since June ICYMI: @Bybit_Learn shared a warning since Tue, Oct 20: @Bybit_Official on X ↗
10-21 18:18	Markets by Kinetiq	Other	Short tail HIP-3 offerings include US500, USTECH, TLT, IWM @Markets_xyz on X ↗
10-21 17:00	Kalshi	Other	BREAKING: Ed Yardeni says the AI bubble is real, but it isn't ready to burst yet 64% chance the S&P 500 closes 2027 above $8,000 @Kalshi on X ↗
10-21 03:30	Kalshi	Other	JUST IN: Corporate earnings growth is set to slow, per Bank of America • 10 of 11 S&P 500 sectors are estimated to post lower earnings growth in Q3 than in Q2 • Consumer Discretionary slows the most — from +91% to just +2% • Financials fall from +22.3% to +2.4% @Kalshi on X ↗
10-19 21:30	Kalshi	Other	JUST IN: Goldman Sachs warns markets face higher volatility as investor positioning turns defensive S&P 500 is expected to close 2026 at approximately $7,700 @Kalshi on X ↗