Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Markets by Kinetiq against SoDEX−0.395%7-day average −0.295% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.395%, 7d avg −0.295%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Markets by Kinetiq is 0.100% cheaper against SoDEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.295%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX US500-USD | 7,770.5 | 0.0050 | pay 0.0006% / 1h | 7m 21s | $1.1M | $69K | 20x |
| Short | Markets by Kinetiq mkts:US500 | 7,739.8 | 0.0046 | get 0.0006% / 1h | 7m 21s | $1.6M | $7.2M | 25x |
SoDEX US500-USD
Markets by Kinetiq mkts:US500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Markets by Kinetiq against SoDEX. 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
- −$0.91
- Price spread: −0.395% → −0.295%
- −$9.96
- Slippage, 4 orders
- −$28.44
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Net
- −$48.93
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 1 min ago; Markets by Kinetiq: live order book, 10 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 SoDEX live order book, 1 min ago | 0.06 bp | 18.0 bp −$18 | 49.4 bp −$494 | doesn't fit | doesn't fit |
| Sell Markets by Kinetiq live order book, 10 min ago | 0.06 bp | 1.3 bp −$1 | doesn't fit | 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 | 7,665.8 | −1.347% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0033% | 1h | 7,771.5 | +0.013% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.9 | −0.046% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.1 | −0.005% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.6 | −0.333% | $17.5M | $9.6M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,770.6 | +0.001% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,769.5 | −0.013% | $2.0M | $28.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,771.7 | +0.015% | $3.2M | $14.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500short | +0.0046% | 1h | 7,739.8 | −0.395% | $1.6M | $7.2M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,836.8 | +0.853% | — | $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
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 | 7,772.7 | +0.028% | $625K | $528K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,769.3 | −0.015% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,770.8 | +0.004% | $431.9M | $234.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,769.5 | −0.013% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USDlong | +0.0050% | 1h | 7,770.5 | long leg | $1.1M | $69K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,771.4 | +0.012% | $9.5M | $7.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,770.7 | +0.002% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0221% | 1h | 7,767.9 | −0.033% | $504 | $27K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD