Funding spread now, next payment 16:00 UTC+0.0252%/8h
next payment, per $10,000+$0.32paid, last 24h+0.068%paid, last 7 days−0.020%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 -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 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 | Injective US500/USDC PERP | 6,930 | −0.0220 | get 0.0028% / 1h | 30m 33s | $6K | $125K | 52x |
| Short | Extended SPX500m-USD | 7,729.7 | 0.0032 | get 0.0004% / 1h | 30m 33s | $3.4M | $13.3M | 25x |
Injective US500/USDC PERP
Extended SPX500m-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $52.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $47.9
- Break-even
- 0.7 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 5 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +11.539%
- Avg gap 7d
- +4.288%
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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 5 min ago | 1.29 bp | 4.3 bp −$4 | 7.7 bp −$77 | 21.3 bp −$2,127 | doesn't fit |
Injective: 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 PERPlong | −0.0220% | 1h | $6K | $125K | 52x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | $150K | $281K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | $7.2M | $720K | 50x | as long as short |
| Bullet US500-USD | 0.0000% | 1h | $13K | $108K | 10x | as long as short |
| QFEX US500-USD | +0.0015% | 1h | $11.7M | $3.0M | 30x | as long as short |
| Lighter US500 | +0.0032% | 1h | $3.5M | $19.8M | 50x | as long as short |
| Extended SPX500m-USDshort | +0.0032% | 1h | $3.4M | $13.3M | 25x | |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | $1.8M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | — | $3.1M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | $564K | $192K | 20x | as long as short |
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
QFEX US500-USD
Lighter US500
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDTShow 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 | $430.0M | $219.7M | 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 | $1.0M | $46K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | $9.6M | $5.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | $268K | $126K | 20x | as long as short |
| Variational Omni US500 | +0.0132% | 8h | $17.4M | $11.2M | — | as long as short |
| Aftermath Perps US500USD | +0.0405% | 1h | $444 | $13K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Variational Omni US500