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

SP500

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against SoDEX+0.040%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.040%, 7d avg +0.042%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX US500-USD7,769.20.0050pay 0.0006% / 1h53m 53s$1.1M$85K20x
ShortBitget SP500USDT7,772.30get 0.0000% / 8h7h 53m$7.2M$789K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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
−$10.5
Price spread: +0.040% → +0.042%
−$0.23
Slippage, 4 orders
−$67.55
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.28
Costs to cover
0.876%
Break-even
never at this rate
Slippage from SoDEX: live order book, 5 min ago; Bitget: live order book, 4 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 SoDEX live order book, 5 min ago0.06 bp18.2 bp −$1851.8 bp −$518doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.99 bp28.2 bp −$2830.9 bp −$30937.0 bp −$3,696doesn'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%1h7,667.9−1.304%$7K$10452xas long as short
QFEX US500-USD−0.0045%1h7,769.5+0.004%$11.8M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,768.1−0.014%$152K$251K20xas long as short
Bitget SP500USDTshort0.0000%8h7,772.3+0.040%$7.2M$789K50x
Variational Omni US5000.0000%8h7,745.6−0.304%$17.2M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,769.8+0.008%$12K$108K10xas long as short
Lighter US500+0.0032%1h7,767.3−0.024%$2.0M$28.3M50xas long as short
Extended SPX500m-USD+0.0032%1h7,770.7+0.019%$3.2M$13.4M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739−0.389%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,834.9+0.845%$3.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,771.2+0.026%$545K$440K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,767.2−0.025%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,769.5+0.004%$436.3M$245.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,767.4−0.023%$9.0M$2.3M50xas long as short
SoDEX US500-USDlong+0.0050%1h7,769.2long leg$1.1M$85K20x
Ondo Perps US500-USD.P+0.0050%1h7,769.1−0.002%$9.5M$6.9M25xas long as short
Pacifica SP500+0.0100%1h7,769.6+0.006%$258K$195K20xas long as short
Aftermath Perps US500USD+0.0153%1h7,765.4−0.049%$535$21K10xas long as short