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

SP500

RWAall SP500 markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SP500-USD7,765.60.0050pay 0.0006% / 1h45m 41s$9.0M$2.3M50x
ShortSoDEX US500-USD7,766.60.0050get 0.0006% / 1h45m 41s$1.1M$69K20x

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 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: +0.013% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago0.06 bp5.1 bp −$55.6 bp −$565.8 bp −$58412.4 bp −$6,188
Sell SoDEX live order book, 3 min ago0.06 bp18.0 bp −$1851.6 bp −$516doesn't fitdoesn't fit

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%1h7,664.2−1.306%$7K$10552xas long as short
QFEX US500-USD−0.0030%1h7,766.7+0.014%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,765.8+0.003%$151K$220K20xas long as short
Bitget SP500USDT0.0000%8h7,769.7+0.053%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,741.6−0.309%$17.6M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,766.9+0.016%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,765.2−0.005%$2.2M$28.4M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.1+0.020%$3.2M$15.0M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.2−0.366%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832.8+0.865%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.4+0.036%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.6−0.013%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,766.4+0.010%$431.5M$237.6M50xas long as short
Polymarket Perps SP500-USDlong+0.0050%1h7,765.6long leg$9.0M$2.3M50x
SoDEX US500-USDshort+0.0050%1h7,766.6+0.013%$1.1M$69K20x
Ondo Perps US500-USD.P+0.0050%1h7,767.3+0.022%$9.5M$7.7M25xas long as short
Pacifica SP500+0.0100%1h7,767.3+0.022%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0264%1h7,764−0.020%$470$25K10xas long as short