Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%
Price spread now: Popdex against Paradex+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.032% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it 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 | 7,766.7 | 0.0050 | pay 0.0050% / 8h | 17m 08s | $43K | — | 5x |
| Short | Popdex US500USDT | 7,769.2 | 0.0048 | get 0.0006% / 1h | 17m 08s | $545K | $440K | 20x |
Paradex US500-USD-PERP
Popdex US500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.42
- Price spread: +0.032% → 0.000%
- $3.17
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$7.65
- Costs to cover
- 0.104%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Popdex: live order book, 62 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 Popdex live order book, 62 min ago | 0.39 bp | 3.6 bp −$4 | 3.6 bp −$36 | 5.9 bp −$594 | 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 | 7,667.5 | −1.278% | $7K | $106 | 52x | as long as short |
| QFEX US500-USD | −0.0038% | 1h | 7,767.6 | +0.011% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,771 | +0.055% | $153K | $252K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,769.5 | +0.036% | $7.2M | $790K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.9 | −0.294% | $17.2M | $9.2M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.7 | +0.013% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.5 | −0.003% | $2.2M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.5 | +0.036% | $3.2M | $13.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739 | −0.357% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.8 | +0.863% | — | $3.5M | 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
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 US500USDTshort | +0.0048% | 1h | 7,769.2 | +0.032% | $545K | $440K | 20x | |
| Paradex US500-USD-PERPlong | +0.0050% | 8h | 7,766.7 | long leg | $43K | — | 5x | |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.9 | +0.015% | $437.1M | $254.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766 | −0.010% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.9 | +0.015% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.2 | +0.019% | $9.5M | $6.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.1 | +0.018% | $258K | $195K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0128% | 1h | 7,765.2 | −0.019% | $612 | $22K | 10x | as long as short |
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD