Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against tradeXYZ−0.026%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.026%, 7d avg −0.006%
=Together, before fees+0.081%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SP500 | 7,768.6 | 0.0050 | pay 0.0006% / 1h | 58m 27s | $433.6M | $240.7M | 50x |
| Short | Polymarket Perps SP500-USD | 7,766.6 | 0.0050 | get 0.0006% / 1h | 58m 27s | $9.2M | $5.3M | 50x |
tradeXYZ xyz:SP500
Polymarket Perps SP500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.026% → −0.006%
- −$1.97
- Slippage, 4 orders
- −$0.77
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$28.75
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Polymarket Perps: live order book, 4 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 tradeXYZ live order book, 5 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 10.4 bp −$1,039 | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.06 bp | 4.4 bp −$4 | 4.4 bp −$44 | 5.3 bp −$534 | 13.2 bp −$6,622 |
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 | −0.0039% | 1h | 7,770.4 | +0.023% | $9.9M | $3.4M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,772.1 | +0.045% | $129K | $241K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,765.5 | −0.040% | $7.2M | $419K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,747.2 | −0.276% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,769.2 | +0.007% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,767.6 | −0.013% | $2.2M | $28.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.7 | +0.014% | $3.3M | $10.0M | 25x | as long as short |
| Injective US500/USDC PERP | +0.0033% | 1h | 7,658 | −1.424% | $7K | $92 | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,742.5 | −0.336% | $1.5M | $8.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.4 | +0.860% | — | $4.3M | 50x | as long as short |
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Injective US500/USDC PERP
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 | 7,771.8 | +0.041% | $625K | $513K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.6 | −0.013% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500long | +0.0050% | 1h | 7,768.6 | long leg | $433.6M | $240.7M | 50x | |
| Polymarket Perps SP500-USDshort | +0.0050% | 1h | 7,766.6 | −0.026% | $9.2M | $5.3M | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,770.5 | +0.024% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.5 | +0.011% | $9.5M | $8.8M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.9 | +0.017% | $259K | $175K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0306% | 1h | 7,769.7 | +0.014% | $479 | $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