Funding you earn now, next payment 10:00 UTC+0.0183%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.016%
Price spread now: Pacifica against Polymarket Perps+0.063%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.063%, 7d avg +0.021%
=Together, before fees+0.142%+ Points / potential airdropPacifica: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.042% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SP500-USD | 7,756.3 | −0.0083 | get 0.0010% / 1h | 20m 22s | $9.3M | $5.1M | 50x |
| Short | Pacifica SP500 | 7,761.2 | 0.0100 | get 0.0013% / 1h | 20m 22s | $259K | $174K | 20x |
Polymarket Perps SP500-USD
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Polymarket Perps. 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
- $38.52
- Price spread: +0.063% → +0.021%
- $4.18
- Slippage, 4 orders
- −$13.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $13.49
- Costs to cover
- 0.292%
- Break-even
- 4.5 days
Slippage from Polymarket Perps: live order book, 2 min ago; Pacifica: live order book, 31 min ago.
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 Polymarket Perps live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 5.8 bp −$58 | 7.3 bp −$727 | doesn't fit |
| Sell Pacifica live order book, 31 min ago | 1.67 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SP500 on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SP500-USDlong | −0.0083% | 1h | 7,756.3 | long leg | $9.3M | $5.1M | 50x | |
| QFEX US500-USD | −0.0052% | 1h | 7,758.8 | +0.032% | $9.9M | $3.3M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,762 | +0.073% | $137K | $235K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,762.8 | +0.084% | $7.2M | $556K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,735.4 | −0.270% | $17.5M | $7.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,758.7 | +0.031% | $14K | $104K | 10x | as long as short |
| Lighter US500 | +0.0024% | 1h | 7,757.4 | +0.014% | $2.0M | $28.9M | 50x | as long as short |
| tradeXYZ xyz:SP500 | +0.0027% | 1h | 7,758.8 | +0.032% | $424.1M | $236.9M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,761 | +0.060% | $3.2M | $10.1M | 25x | as long as short |
| Injective US500/USDC PERP | +0.0033% | 1h | 7,658 | −1.267% | $7K | $101 | 52x | as long as short |
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
tradeXYZ xyz:SP500
Extended SPX500m-USD
Injective US500/USDC PERPShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,730.7 | −0.330% | $1.5M | $8.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,826.8 | +0.908% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,761.1 | +0.062% | $624K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,758.7 | +0.030% | $43K | — | 5x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,758.5 | +0.028% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,759.3 | +0.038% | $9.5M | $8.6M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,761.2 | +0.063% | $259K | $174K | 20x | |
| Aftermath Perps US500USD | +0.0385% | 1h | 7,761.2 | +0.064% | $530 | $30K | 10x | as long as short |
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDT
Paradex US500-USD-PERP
SoDEX US500-USD
Ondo Perps US500-USD.P
Aftermath Perps US500USD