Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Bitget−0.103%7-day average −0.043% · 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−$84as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 3 days (all we have)+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.103%, 7d avg −0.043%
=Funding pays, the price is against you. SoDEX is 0.060% cheaper against Bitget than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.043%). If the spread goes back, that is −$6 on $10k: about 4.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SP500USDT | 7,772.4 | 0 | get 0.0000% / 8h | 6h 36m | $7.2M | $754K | 50x |
| Short | SoDEX US500-USD | 7,764.4 | 0.0050 | get 0.0006% / 1h | 36m 14s | $1.1M | $85K | 20x |
Bitget SP500USDT
SoDEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bitget. 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
- $10.5
- Price spread: −0.103% → −0.043%
- −$6.04
- Slippage, 4 orders
- −$57.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$73.23
- Costs to cover
- 0.777%
- Break-even
- 55.8 days
Slippage from Bitget: live order book, 2 min ago; SoDEX: live order book, 3 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 Bitget live order book, 2 min ago | 1.61 bp | 17.5 bp −$18 | 26.8 bp −$268 | 28.7 bp −$2,868 | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.06 bp | 18.2 bp −$18 | 49.2 bp −$492 | 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 | 7,664.3 | −1.391% | $7K | $106 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,764.5 | −0.102% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.2 | −0.080% | $152K | $234K | 20x | as long as short |
| Bitget SP500USDTlong | 0.0000% | 8h | 7,772.4 | long leg | $7.2M | $754K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,740.2 | −0.415% | $17.2M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,764.3 | −0.104% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,763.6 | −0.113% | $2.2M | $28.5M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.9 | −0.083% | $3.2M | $15.8M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,736.9 | −0.457% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,830.6 | +0.749% | — | $4.1M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
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 | 7,765.9 | −0.084% | $544K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,762.5 | −0.127% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,764.6 | −0.100% | $432.9M | $241.1M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,763.4 | −0.116% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USDshort | +0.0050% | 1h | 7,764.4 | −0.103% | $1.1M | $85K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,765.4 | −0.090% | $9.5M | $7.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,765.8 | −0.084% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0326% | 1h | 7,765.7 | −0.087% | $564 | $22K | 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