Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: SoDEX against Polymarket Perps+0.013%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.013%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SP500-USD | 7,765.6 | 0.0050 | pay 0.0006% / 1h | 45m 41s | $9.0M | $2.3M | 50x |
| Short | SoDEX US500-USD | 7,766.6 | 0.0050 | get 0.0006% / 1h | 45m 41s | $1.1M | $69K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0
- Price spread: +0.013% → +0.015%
- −$0.17
- Slippage, 4 orders
- −$29.61
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$45.79
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago | 0.06 bp | 5.1 bp −$5 | 5.6 bp −$56 | 5.8 bp −$584 | 12.4 bp −$6,188 |
| Sell SoDEX live order book, 3 min ago | 0.06 bp | 18.0 bp −$18 | 51.6 bp −$516 | doesn't fit | doesn't fit |
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 | 7,664.2 | −1.306% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0030% | 1h | 7,766.7 | +0.014% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.8 | +0.003% | $151K | $220K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,769.7 | +0.053% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741.6 | −0.309% | $17.6M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.9 | +0.016% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.2 | −0.005% | $2.2M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.1 | +0.020% | $3.2M | $15.0M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.2 | −0.366% | $1.6M | $6.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.8 | +0.865% | — | $4.3M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.4 | +0.036% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.6 | −0.013% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.4 | +0.010% | $431.5M | $237.6M | 50x | as long as short |
| Polymarket Perps SP500-USDlong | +0.0050% | 1h | 7,765.6 | long leg | $9.0M | $2.3M | 50x | |
| SoDEX US500-USDshort | +0.0050% | 1h | 7,766.6 | +0.013% | $1.1M | $69K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.3 | +0.022% | $9.5M | $7.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.3 | +0.022% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0264% | 1h | 7,764 | −0.020% | $470 | $25K | 10x | as long as short |
Polymarket Perps SP500-USD
SoDEX US500-USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Pacifica SP500
Aftermath Perps US500USD