Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h −0.002%
Price spread now: Bitget against QFEX+0.053%7-day average +0.061% · 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−$65as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.053%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX US500-USD | 7,767.4 | −0.0038 | get 0.0005% / 1h | 47m 17s | $11.8M | $3.1M | 30x |
| Short | Bitget SP500USDT | 7,771.5 | 0 | get 0.0000% / 8h | 47m 17s | $7.2M | $790K | 50x |
QFEX US500-USD
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- $7.93
- Price spread: +0.053% → +0.061%
- −$0.8
- Slippage, 4 orders
- −$41.84
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.71
- Costs to cover
- 0.638%
- Break-even
- 57.1 days
Slippage from QFEX: live order book, 7 min ago; Bitget: live order book, 1 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 QFEX live order book, 7 min ago | 0.90 bp | 6.3 bp −$6 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.76 bp | 27.9 bp −$28 | 30.1 bp −$301 | 36.2 bp −$3,619 | 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 | 7,666.6 | −1.298% | $7K | $103 | 52x | as long as short |
| QFEX US500-USDlong | −0.0038% | 1h | 7,767.4 | long leg | $11.8M | $3.1M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.4 | +0.013% | $153K | $252K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,771.5 | +0.053% | $7.2M | $790K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,743.4 | −0.309% | $17.2M | $9.2M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.1 | +0.009% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.5 | −0.012% | $2.3M | $28.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.3 | +0.024% | $3.2M | $13.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.8 | −0.381% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.3 | +0.848% | — | $3.5M | 50x | as long as short |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.1 | +0.022% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.9 | −0.019% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768 | +0.008% | $436.2M | $255.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.9 | −0.019% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768 | +0.008% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768 | +0.008% | $9.5M | $6.7M | 25x | as long as short |
| Aftermath Perps US500USD | +0.0057% | 1h | 7,763.1 | −0.055% | $519 | $22K | 10x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.6 | +0.015% | $258K | $195K | 20x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Aftermath Perps US500USD
Pacifica SP500