Funding spread now, next payment 17:00 UTC+0.0327%/8h
paid, last 24h+0.106%paid, last 3 days+0.022%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 0.022% in total (about 2.7% a year). A funding rate is set anew for every payment. 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 | 7,634.9 | −0.0220 | get 0.0028% / 1h | 38m 16s | $7K | $125K | 52x |
| Short | Variational Omni US500 | 7,720.9 | 0.0107 | get 0.0107% / 8h | 7h 38m | $17.4M | $11.7M | — |
Injective US500/USDC PERP
Variational Omni US500Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $68.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $68.66
- Break-even
- 0.0 days
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +1.127%
- Avg gap 7d
- +4.070%
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 Variational Omni RFQ quote, 2 min ago | 1.89 bp | doesn't fit | 2.2 bp −$22 | 8.5 bp −$855 | 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 | $7K | $125K | 52x | |
| 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 US500 | +0.0032% | 1h | $3.1M | $21.7M | 50x | as long as short |
| 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 | $7.4M | 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 | $191K | 20x | as long as short |
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
QFEX US500-USD
Lighter US500
Extended SPX500m-USD
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 | $434.1M | $229.3M | 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 US500short | +0.0107% | 8h | $17.4M | $11.7M | — | |
| Aftermath Perps US500USD | +0.0308% | 1h | $457 | $14K | 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