Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against Paradex−0.009%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
=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 | Paradex US500-USD-PERP | 7,766.1 | 0.0050 | pay 0.0050% / 8h | 7h 01m | $43K | — | 5x |
| Short | Bitget SP500USDT | 7,765.4 | 0 | get 0.0000% / 8h | 7h 01m | $7.2M | $567K | 50x |
Paradex US500-USD-PERP
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paradex. 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
- −$10.5
- Price spread: −0.009% → 0.000%
- −$0.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$27.37
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.67 bp | 19.7 bp −$20 | 21.0 bp −$210 | 34.3 bp −$3,427 | doesn't fit |
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 | −1.323% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0042% | 1h | 7,766.8 | +0.009% | $9.9M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.2 | +0.040% | $137K | $235K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,765.4 | −0.009% | $7.2M | $567K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,741.2 | −0.321% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,765.6 | −0.006% | $13K | $105K | 10x | as long as short |
| tradeXYZ xyz:SP500 | +0.0010% | 1h | 7,764.9 | −0.015% | $426.7M | $241.2M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764.1 | −0.025% | $2.1M | $29.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.9 | −0.003% | $3.2M | $10.8M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.2 | −0.359% | $1.5M | $7.9M | 25x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
tradeXYZ xyz:SP500
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.9 | +0.860% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,768.4 | +0.030% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERPlong | +0.0050% | 8h | 7,766.1 | long leg | $43K | — | 5x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | −0.019% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.5 | −0.007% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,766.9 | +0.011% | $9.5M | $8.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.6 | +0.020% | $259K | $173K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0231% | 1h | 7,764.3 | −0.023% | $502 | $30K | 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