Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Paradex against tradeXYZ−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.022% cheaper against tradeXYZ than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SP500 | 7,770.3 | 0.0050 | pay 0.0006% / 1h | 59m 37s | $425.6M | $241.2M | 50x |
| Short | Paradex US500-USD-PERP | 7,768.6 | 0.0050 | get 0.0050% / 8h | 5h 59m | $43K | — | 5x |
tradeXYZ xyz:SP500
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against tradeXYZ. 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: −0.022% → 0.000%
- −$2.25
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$24.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
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 tradeXYZ live order book, 4 min ago | 0.13 bp | 9.6 bp −$10 | 9.9 bp −$99 | 11.0 bp −$1,104 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX US500-USD | −0.0052% | 1h | 7,769.2 | −0.014% | $9.9M | $3.4M | 30x | as long as short |
| Polymarket Perps SP500-USD | −0.0050% | 1h | 7,767.7 | −0.033% | $9.2M | $5.3M | 50x | as long as short |
| Extended SPX500m-USD | −0.0016% | 1h | 7,770.6 | +0.004% | $3.2M | $10.0M | 25x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.8 | −0.019% | $131K | $238K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,764.8 | −0.071% | $7.2M | $528K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.4 | −0.359% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,770.2 | −0.002% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,768.3 | −0.026% | $2.0M | $29.7M | 50x | as long as short |
| Injective US500/USDC PERP | +0.0033% | 1h | 7,658 | −1.445% | $7K | $101 | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,742.5 | −0.358% | $1.4M | $8.2M | 25x | as long as short |
QFEX US500-USD
Polymarket Perps SP500-USD
Extended SPX500m-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Injective US500/USDC PERP
Markets by Kinetiq mkts:US500Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,837.4 | +0.863% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,772.2 | +0.024% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,768.6 | −0.022% | $43K | — | 5x | |
| tradeXYZ xyz:SP500long | +0.0050% | 1h | 7,770.3 | long leg | $425.6M | $241.2M | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,770.3 | 0.000% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,770.3 | +0.001% | $9.5M | $8.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.9 | −0.005% | $259K | $174K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0328% | 1h | 7,766.4 | −0.051% | $498 | $29K | 10x | as long as short |
Vest SPX-USD-PERP
Popdex US500USDT
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD