Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Pacifica against Paradex+0.039%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
=Together, before fees—+ Points / potential airdropParadex: Active · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.039% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread 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 | Paradex US500-USD-PERP | 7,763.9 | 0.0050 | pay 0.0050% / 8h | 5h 58m | $43K | — | 5x |
| Short | Pacifica SP500 | 7,766.9 | 0.0100 | get 0.0013% / 1h | 58m 57s | $261K | $177K | 20x |
Paradex US500-USD-PERP
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.039% → 0.000%
- $3.91
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $2.41
- Costs to cover
- 0.120%
- Break-even
- 5.4 days
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 4 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 Pacifica live order book, 4 min ago | 1.22 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | 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 | 7,666.3 | −1.257% | $7K | $103 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,766.8 | +0.038% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.9 | +0.026% | $152K | $219K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.6 | +0.087% | $7.2M | $762K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.1 | −0.280% | $17.4M | $9.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.5 | +0.034% | $11K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.3 | +0.019% | $2.2M | $28.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768 | +0.053% | $3.2M | $15.6M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.8 | +0.874% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,768 | +0.053% | $545K | $448K | 20x | 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-PERP
Popdex US500USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex US500-USD-PERPlong | +0.0050% | 8h | 7,763.9 | long leg | $43K | — | 5x | |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.1 | +0.042% | $431.7M | $241.9M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | +0.010% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.6 | +0.035% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.1 | +0.055% | $9.5M | $7.4M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0057% | 1h | 7,738.9 | −0.321% | $1.6M | $7.0M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,766.9 | +0.039% | $261K | $177K | 20x | |
| Aftermath Perps US500USD | +0.0325% | 1h | 7,766.4 | +0.033% | $471 | $23K | 10x | as long as short |
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Markets by Kinetiq mkts:US500
Aftermath Perps US500USD