Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.004%
Price spread now: Paradex against Markets by Kinetiq+0.317%7-day average — · you sell dearer than you buy
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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.317% dearer against Markets by Kinetiq than usual: you sell high and buy low, +$32 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Markets by Kinetiq mkts:US500 | 7,732.7 | 0.0046 | pay 0.0006% / 1h | 59m 17s | $1.6M | $7.4M | 25x |
| Short | Paradex US500-USD-PERP | 7,757.2 | 0.0050 | get 0.0050% / 8h | 7h 59m | $43K | — | 5x |
Markets by Kinetiq mkts:US500
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Markets by Kinetiq. 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
- $0.91
- Price spread: +0.317% → 0.000%
- $31.69
- Slippage, 4 orders
- no order book: not counted
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $26.98
- Costs to cover
- 0.056%
- Break-even
- from the start
Slippage unknown: Markets by Kinetiq: live order book, 8 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 Markets by Kinetiq live order book, 8 min ago | 0.26 bp | 2.3 bp −$2 | doesn't fit | doesn't fit | 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 | 7,663.3 | −0.897% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,758.5 | +0.334% | $9.9M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,759.2 | +0.343% | $141K | $229K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,760.8 | +0.363% | $7.2M | $768K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,735.8 | +0.040% | $17.5M | $8.4M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,756.8 | +0.312% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,755.6 | +0.296% | $2.1M | $27.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,758.3 | +0.331% | $3.3M | $12.0M | 25x | as long as short |
| tradeXYZ xyz:SP500 | +0.0046% | 1h | 7,756.5 | +0.308% | $434.4M | $235.0M | 50x | as long as short |
| Markets by Kinetiq mkts:US500long | +0.0046% | 1h | 7,732.7 | long leg | $1.6M | $7.4M | 25x |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
tradeXYZ xyz:SP500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,824 | +1.181% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,759.4 | +0.345% | $624K | $527K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,757.2 | +0.317% | $43K | — | 5x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,758.4 | +0.332% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,756.2 | +0.304% | $1.3M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,759.4 | +0.345% | $9.5M | $8.3M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,760.4 | +0.358% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0330% | 1h | 7,758 | +0.327% | $446 | $29K | 10x | as long as short |
Vest SPX-USD-PERP
Popdex US500USDT
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD