Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.029%
Price spread now: Bitget against Markets by Kinetiq+0.414%7-day average +0.288% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.193%−$19 · spread now +0.414%, 7d avg +0.288%
=The price spread pays, funding is against you. Bitget is 0.126% dearer against Markets by Kinetiq than usual: you sell high and buy low (spread +0.414% now, against its 7-day average of +0.288%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Markets by Kinetiq mkts:US500 | 7,738.1 | 0.0046 | pay 0.0006% / 1h | 12m 54s | $1.6M | $7.0M | 25x |
| Short | Bitget SP500USDT | 7,770.1 | 0 | get 0.0000% / 8h | 6h 12m | $7.2M | $762K | 50x |
Markets by Kinetiq mkts:US500
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Markets by Kinetiq. 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
- −$9.59
- Price spread: +0.414% → +0.288%
- $12.6
- Slippage, 4 orders
- −$40.76
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.37
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Markets by Kinetiq: live order book, 4 min ago; Bitget: live order book, 5 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 Markets by Kinetiq live order book, 4 min ago | 0.06 bp | 1.9 bp −$2 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.66 bp | 28.7 bp −$29 | 31.0 bp −$310 | 35.7 bp −$3,572 | 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 | 7,666.3 | −0.928% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,768.8 | +0.397% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.9 | +0.359% | $152K | $229K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,770.1 | +0.414% | $7.2M | $762K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,742.1 | +0.052% | $17.2M | $9.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.7 | +0.370% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.2 | +0.350% | $2.1M | $28.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.2 | +0.389% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500long | +0.0046% | 1h | 7,738.1 | long leg | $1.6M | $7.0M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.3 | +1.217% | — | $4.3M | 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
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 | 7,768.8 | +0.397% | $545K | $448K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.5 | +0.354% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.9 | +0.372% | $431.8M | $242.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.4 | +0.353% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.7 | +0.370% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769 | +0.399% | $9.5M | $7.3M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.9 | +0.386% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0325% | 1h | 7,766 | +0.361% | $459 | $22K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD