Funding you earn now, next payment 23:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.006%
Price spread now: Paradex against Lighter−0.002%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter US500 | 7,762.8 | 0.0032 | pay 0.0004% / 1h | 46m 00s | $2.4M | $28.0M | 50x |
| Short | Paradex US500-USD-PERP | 7,762.6 | 0.0050 | get 0.0050% / 8h | 1h 46m | $43K | — | 5x |
Lighter US500
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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
- $3.78
- Price spread: −0.002% → 0.000%
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$0.45
- Costs to cover
- 0.040%
- Break-even
- 7.8 days
Slippage unknown: Lighter: 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 Lighter live order book, 8 min ago | 0.26 bp | 0.3 bp $0 | 0.9 bp −$9 | 3.3 bp −$334 | 122.9 bp −$61.5K |
| 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 | −1.286% | $7K | $103 | 52x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767.2 | +0.057% | $153K | $296K | 20x | as long as short |
| QFEX US500-USD | 0.0000% | 1h | 7,763.7 | +0.012% | $11.7M | $3.1M | 30x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,767.1 | +0.055% | $7.2M | $789K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,739.6 | −0.299% | $17.5M | $9.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,764.1 | +0.017% | $12K | $106K | 10x | as long as short |
| Lighter US500long | +0.0032% | 1h | 7,762.8 | long leg | $2.4M | $28.0M | 50x | |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.2 | +0.031% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,735.7 | −0.349% | $1.5M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,829.3 | +0.856% | — | $3.6M | 50x | as long as short |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Extended SPX500m-USD
Markets by Kinetiq mkts: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 | 7,764.9 | +0.027% | $428K | $324K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,762.6 | −0.002% | $43K | — | 5x | |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,764 | +0.015% | $434.2M | $265.5M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,762.4 | −0.005% | $7.6M | $962K | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,763.7 | +0.012% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,763.7 | +0.011% | $9.5M | $6.4M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,764.5 | +0.022% | $258K | $196K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0143% | 1h | 7,760 | −0.036% | $504 | $20K | 10x | as long as short |
Popdex US500USDT
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD