Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Polymarket Perps+0.031%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.031%, 7d avg +0.006%
=Together, before fees−0.086%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SP500-USD | 7,766.6 | 0.0050 | pay 0.0006% / 1h | 26m 39s | $9.2M | $5.4M | 50x |
| Short | tradeXYZ xyz:SP500 | 7,769 | 0.0050 | get 0.0006% / 1h | 26m 39s | $428.6M | $239.9M | 50x |
Polymarket Perps SP500-USD
tradeXYZ xyz:SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: +0.031% → +0.006%
- $2.49
- Slippage, 4 orders
- −$0.52
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$24.03
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; tradeXYZ: live order book, 5 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, 6 min ago | 0.06 bp | 4.1 bp −$4 | 4.8 bp −$48 | 5.9 bp −$589 | 11.4 bp −$5,709 |
| Sell tradeXYZ live order book, 5 min ago | 0.06 bp | 9.1 bp −$9 | 9.3 bp −$93 | 10.1 bp −$1,013 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,658 | −1.398% | $7K | $97 | 52x | as long as short |
| QFEX US500-USD | −0.0051% | 1h | 7,770.4 | +0.049% | $9.9M | $3.4M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.1 | +0.032% | $129K | $241K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,764.1 | −0.032% | $7.2M | $518K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.2 | −0.301% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.6 | +0.025% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.8 | +0.003% | $2.2M | $29.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.8 | +0.042% | $3.3M | $10.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,740.6 | −0.335% | $1.4M | $8.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.4 | +0.886% | — | $4.3M | 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,771.5 | +0.063% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.6 | +0.012% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500short | +0.0050% | 1h | 7,769 | +0.031% | $428.6M | $239.9M | 50x | |
| Polymarket Perps SP500-USDlong | +0.0050% | 1h | 7,766.6 | long leg | $9.2M | $5.4M | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.5 | +0.024% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.9 | +0.030% | $9.5M | $8.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.7 | +0.027% | $259K | $175K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0359% | 1h | 7,769.3 | +0.034% | $468 | $28K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD