Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Paradex against Polymarket Perps+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SP500-USD7,765.80.0050pay 0.0006% / 1h37m 21s$9.0M$2.3M50x
ShortParadex US500-USD-PERP7,766.40.0050get 0.0050% / 8h37m 21s$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.008% → 0.000%
$0.77
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.23
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 7 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 7 min ago0.06 bp5.5 bp −$66.1 bp −$616.7 bp −$66612.7 bp −$6,345
Sell Paradex no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,666.6−1.277%$7K$10752xas long as short
QFEX US500-USD−0.0043%1h7,766.8+0.013%$11.9M$2.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.4+0.008%$141K$230K20xas long as short
Bitget SP500USDT0.0000%8h7,768.2+0.031%$7.2M$767K50xas long as short
Variational Omni US5000.0000%8h7,742.5−0.300%$17.5M$8.9Mas long as short
Bullet US500-USD0.0000%1h7,766.4+0.008%$12K$105K10xas long as short
Lighter US500+0.0032%1h7,765.80.000%$1.9M$28.1M50xas long as short
Extended SPX500m-USD+0.0032%1h7,768.6+0.036%$3.2M$12.7M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,738.9−0.346%$1.6M$7.4M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,833.9+0.877%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.9+0.027%$625K$529K20xas long as short
Paradex US500-USD-PERPshort+0.0050%8h7,766.4+0.008%$43K5x
tradeXYZ xyz:SP500+0.0050%1h7,766.7+0.012%$436.7M$233.5M50xas long as short
Polymarket Perps SP500-USDlong+0.0050%1h7,765.8long leg$9.0M$2.3M50x
SoDEX US500-USD+0.0050%1h7,766.7+0.012%$1.3M$149K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.5+0.022%$9.5M$8.2M25xas long as short
Pacifica SP500+0.0100%1h7,768.5+0.035%$259K$168K20xas long as short
Aftermath Perps US500USD+0.0330%1h7,767.3+0.019%$509$29K10xas long as short