SP500

Alert

Funding spread now, next payment 17:00 UTC−0.0273%/8h

next payment, per $10,000−$0.34paid, last 24h−0.037%paid, last 3 days−0.264%to open and closeno order book

Long on Aftermath Perps Short on Lighter

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps US500USD	7,742.4	0.0305	pay 0.0038% / 1h	37m 18s	$457	$14K	10x
Short	Lighter US500	7,744.5	0.0032	get 0.0004% / 1h	37m 18s	$3.1M	$21.7M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee LighterbpOrdersRate

Funding earned: −$57.41
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$66.41
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.027%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	0.06 bp	0.1 bp $0	0.2 bp −$2	2.8 bp −$280	139.4 bp −$69.7K

Aftermath Perps: 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 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective US500/USDC PERP	−0.0220%	1h	$6K	$125K	52x	as long as short
OKX US500-USDT-SWAP	0.0000%	8h	$151K	$287K	20x	as long as short
Bitget SP500USDT	0.0000%	8h	$7.3M	$720K	50x	as long as short
Bullet US500-USD	0.0000%	1h	$14K	$108K	10x	as long as short
QFEX US500-USD	+0.0006%	1h	$11.7M	$2.9M	30x	as long as short
Lighter US500short	+0.0032%	1h	$3.1M	$21.7M	50x
Extended SPX500m-USD	+0.0032%	1h	$3.4M	$13.3M	25x	as long as short
Markets by Kinetiq mkts:US500	+0.0046%	1h	$1.7M	$7.5M	25x	as long as short
Vest SPX-USD-PERP	+0.0046%	1h	—	$3.5M	50x	as long as short
Popdex US500USDT	+0.0048%	1h	$566K	$190K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex US500-USD-PERP	+0.0050%	8h	$42K	—	5x	as long as short
tradeXYZ xyz:SP500	+0.0050%	1h	$434.1M	$229.5M	50x	as long as short
Polymarket Perps SP500-USD	+0.0050%	1h	$7.6M	$1.7M	50x	as long as short
SoDEX US500-USD	+0.0050%	1h	$1.1M	$87K	20x	as long as short
Ondo Perps US500-USD.P	+0.0050%	1h	$9.6M	$5.8M	25x	as long as short
Pacifica SP500	+0.0100%	1h	$273K	$153K	20x	as long as short
Variational Omni US500	+0.0107%	8h	$17.4M	$11.7M	—	as long as short
Aftermath Perps US500USDlong	+0.0305%	1h	$457	$14K	10x