Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: tradeXYZ against Markets by Kinetiq+0.361%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days−0.233%−$23 · spread now +0.361%, 7d avg +0.227%
=Together, before fees−0.329%+ Points / potential airdroptradeXYZ: Active · farm board−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.133% dearer against Markets by Kinetiq than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.227%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Markets by Kinetiq mkts:US500 | 7,739.2 | 0.0046 | pay 0.0006% / 1h | 59m 29s | $1.6M | $6.9M | 25x |
| Short | tradeXYZ xyz:SP500 | 7,767.1 | 0.0050 | get 0.0006% / 1h | 59m 29s | $431.6M | $240.5M | 50x |
Markets by Kinetiq mkts:US500
tradeXYZ xyz:SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: +0.361% → +0.227%
- $13.32
- Slippage, 4 orders
- −$1.17
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$6.57
- Costs to cover
- 0.208%
- Break-even
- 57.5 days
Slippage from Markets by Kinetiq: live order book, 8 min ago; tradeXYZ: live order book, 11 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 Markets by Kinetiq live order book, 8 min ago | 0.06 bp | 1.1 bp −$1 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.06 bp | 9.5 bp −$10 | 9.8 bp −$98 | 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 | 7,667.4 | −0.928% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,769.1 | +0.386% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767 | +0.359% | $152K | $219K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.9 | +0.410% | $7.2M | $774K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.8 | +0.046% | $17.5M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.6 | +0.366% | $13K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.8 | +0.344% | $2.2M | $28.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.4 | +0.365% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500long | +0.0046% | 1h | 7,739.2 | long leg | $1.6M | $6.9M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.3 | +1.202% | — | $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
Extended SPX500m-USD
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 | 7,768.1 | +0.373% | $583K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765 | +0.334% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500short | +0.0050% | 1h | 7,767.1 | +0.361% | $431.6M | $240.5M | 50x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765 | +0.333% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.2 | +0.362% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.4 | +0.390% | $9.5M | $7.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768 | +0.372% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0229% | 1h | 7,764.8 | +0.331% | $577 | $24K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD