Funding you earn now, next payment 11:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: SoDEX against Extended−0.013%58s7-day average +0.042% · 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—prices read too far apart to compare
costs, in and out, $10k−$450.449% of the position
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.013%, 7d avg +0.042%
=Together, before fees+0.067%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.055% cheaper against Extended than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.042%). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX500m-USD | 7,770.9 | 0.0008 | pay 0.0001% / 1h | 43m 21s | $3.3M | $10.1M | 25x |
| Short | SoDEX US500-USD | 7,769.9 | 0.0050 | get 0.0006% / 1h | 43m 21s | $1.4M | $191K | 20x |
Extended SPX500m-USD
SoDEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. 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
- $8.82
- Price spread: −0.013% → +0.042%
- −$5.45
- Slippage, 4 orders
- −$31.94
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$41.57
- Costs to cover
- 0.449%
- Break-even
- 40.0 days
Slippage from Extended: live order book, 4 min ago; SoDEX: 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 Extended live order book, 4 min ago | 1.09 bp | 3.8 bp −$4 | 5.0 bp −$50 | 16.0 bp −$1,602 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.90 bp | 18.1 bp −$18 | 49.3 bp −$493 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,658 | −1.453% | $7K | $97 | 52x | as long as short |
| QFEX US500-USD | −0.0051% | 1h | 7,769.4 | −0.019% | $9.9M | $3.4M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.9 | −0.026% | $129K | $241K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,765.5 | −0.069% | $7.2M | $518K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.2 | −0.344% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,769.6 | −0.016% | $13K | $104K | 10x | as long as short |
| Extended SPX500m-USDlong | +0.0008% | 1h | 7,770.9 | long leg | $3.3M | $10.1M | 25x | |
| Lighter US500 | +0.0032% | 1h | 7,767.7 | −0.041% | $2.1M | $28.9M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,741.9 | −0.373% | $1.4M | $8.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,836.5 | +0.844% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
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 | +0.012% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.4 | −0.033% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769.6 | −0.017% | $425.2M | $239.7M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,767.2 | −0.047% | $9.2M | $5.4M | 50x | as long as short |
| SoDEX US500-USDshort | +0.0050% | 1h | 7,769.9 | −0.013% | $1.4M | $191K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,770.8 | −0.001% | $9.5M | $8.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.9 | −0.013% | $259K | $175K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0299% | 1h | 7,769.8 | −0.014% | $447 | $29K | 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