Funding spread now, next payment 16:00 UTC+0.0305%/8h
next payment, per $10,000+$3.05paid, last 24h+0.006%paid, last 7 days+0.154%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SPX500_USDC | 7,688.5 | −0.0305 | get 0.0305% / 8h | 2h 32m | $358K | $57K | 20x |
| Short | Gate SPX500_USDT | 7,687.9 | 0 | get 0.0000% / 8h | 2h 32m | $1.7M | $74K | 100x |
Orderly PERP_SPX500_USDC
Gate SPX500_USDTFunding history
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Range statsloading…
Funding on every exchange
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Profit calculator
- Funding earned
- $64.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $43.01
- Break-even
- 2.3 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.009%
- Avg gap 7d
- −0.132%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 4.27 bp | 31.4 bp −$31 | 87.0 bp −$870 | doesn't fit | doesn't fit |
Orderly: 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.
SPX500 on 5 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDClong | −0.0305% | 8h | $358K | $57K | 20x | |
| MEXC SPX500_USDT | −0.0067% | 8h | $70.6M | $32.6M | 200x | as long as short |
| Gate SPX500_USDTshort | 0.0000% | 8h | $1.7M | $74K | 100x | |
| SunX SPX500-USDT | +0.0050% | 1h | $2K | $2.1M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | $497K | $210K | 30x | as long as short |
MEXC SPX500_USDT
SunX SPX500-USDT
HTX SPX500-USDT