Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,465.9 | +0.0100 | pay 0.0013% / 1h | 39m 35s | $337K | $54K | 20x | Long Pacifica10% back | |
| SHORT | 7,461 | −0.0159 | pay 0.0159% / 8h | 7h 39m | $372K | $880K | 20x | Short Orderly |
Price gap−0.066%
Funding gap−0.0259% /8h
Funding costs $8 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$23−0.0259% /8h now · paid −0.231% over the last 7D
Price−$1spread −0.066% now, avg −0.059% → −0.006% if it goes back
Costsno datano order book for Orderly
Result, before costs−$24−0.24%+ Points / potential airdropPacifica: points · farm boardcosts unknown: no order book for Orderly ·
Price and funding
1h · historyEntry / 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−0.066%
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
/8hSP500 on 23 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$500 + $500Pacifica 20x, Orderly 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$7.77Long Pacifica: 24 payments, −$3.00; short Orderly: 3 payments, −$4.77.
- Note: Gap at its usual level−0.066% vs −0.059%The price leg adds little either way.
- Watch: Long leg is thinner$337K vs $372K OIPacifica sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legPacifica No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0110%/8h × 21 periods−$23.14
Price spread−0.066% → −0.059% (7d avg)−$0.63
Slippage, 4 ordersno data for Orderly—
Fee Pacifica bp × 2 orders−$8.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$37.77
Costs to cover0.140%Break-evennever at this rate
Slippage: Pacifica: live order book, 41 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPacifica1.205.5 bp−$59.4 bp−$94doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
SP500 news
posts that mention SP500 or S&P 500, from every exchange| 11-05 15:49 | Kalshi | Other | JUST IN: S&P 500 falls more than 3% in worst intraday crash since April 2025 @Kalshi on X ↗ |
| 11-05 10:00 | MEXC | Other | 🚀 Dow surges 1,569 points, its best day since April 2025! 🟢 Dow: +3.03% | S&P 500: +1.58% 🟢 Nasdaq: +1.44% 📉 U.S. crude oil: -8% Stocks rallied after Democrats won Congress, while oil prices plunged. Can Friday's jobs report keep the rally going? 👇 @MEXC on X ↗ |
| 11-04 17:30 | Paradex | Other | The US just cleared perps on single stocks. A lawsuit landed the same day. On Paradex, perps and options on stocks, the S&P 500, gold and oil are already live. Not available in the US or Canada. @paradex on X ↗ |
| 11-04 13:39 | Bulk | Listing | new market US500-USD ($SP500) seen by our collector |
| 11-04 01:05 | Markets by Kinetiq | Listing | mkts:US500 no longer reported ($SP500) seen by our collector |
| 11-03 15:00 | Paradex | Other | Gold or the S&P 500: which one is the market bracing for this week? Options already put a number on it 👇 Trade gold and S&P 500 options on Paradex, 0 fees: @paradex on X ↗ |

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