Funding spread now, next payment 19:00 UTC+0.0270%/8h
next payment, per $10,000+$0.34paid, last 24h+0.081%paid, last 3 days+0.037%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.037% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 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 | 6,965.3 | −0.0220 | get 0.0028% / 1h | 4m 49s | $6K | $104 | 52x |
| Short | SoDEX US500-USD | 7,775.5 | 0.0050 | get 0.0006% / 1h | 4m 49s | $1.1M | $85K | 20x |
Injective US500/USDC PERP
SoDEX US500-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $56.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $48.68
- Break-even
- 1.0 days
Slippage unknown: Injective: no order-book sample; SoDEX: live order book, just now. Net counts fees only.
Price risk
price view- Price gap now
- +11.632%
- Avg gap 7d
- —
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 SoDEX live order book, just now | 0.06 bp | 18.4 bp −$18 | 51.0 bp −$510 | doesn't fit | 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 | $104 | 52x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | $153K | $299K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | $7.2M | $732K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | $17.6M | $11.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | $14K | $109K | 10x | as long as short |
| QFEX US500-USD | +0.0008% | 1h | $11.7M | $3.1M | 30x | as long as short |
| Lighter US500 | +0.0032% | 1h | $2.8M | $26.5M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | $3.2M | $15.3M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | $1.4M | $7.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | — | $3.6M | 50x | as long as short |
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
QFEX US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | $545K | $220K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | $438.2M | $258.0M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
| SoDEX US500-USDshort | +0.0050% | 1h | $1.1M | $85K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | $9.6M | $5.8M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | $267K | $164K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0310% | 1h | $499 | $17K | 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