Funding spread now, next payment 15:00 UTC−0.0266%/8h
next payment, per $10,000−$0.33paid, last 24h−0.103%paid, last 7 days−0.110%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 -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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 | Markets by Kinetiq mkts:US500 | 7,693.3 | 0.0046 | pay 0.0006% / 1h | 18m 22s | $1.8M | $6.6M | 25x |
| Short | Injective US500/USDC PERP | 7,609.1 | −0.0220 | pay 0.0028% / 1h | 18m 22s | $7K | $125K | 52x |
Markets by Kinetiq mkts:US500
Injective US500/USDC PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$55.79
- Slippage, 4 orders
- no order book: not counted
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$57.43
- Break-even
- never at this rate
Slippage unknown: Markets by Kinetiq: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −1.094%
- Avg gap 7d
- −3.987%
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 Markets by Kinetiq live order book, 9 min ago | 0.26 bp | 2.9 bp −$3 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 PERPshort | −0.0220% | 1h | $7K | $125K | 52x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | $154K | $273K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | $7.3M | $600K | 50x | as long as short |
| Bullet US500-USD | 0.0000% | 1h | $12K | $108K | 10x | as long as short |
| QFEX US500-USD | +0.0008% | 1h | $11.7M | $3.0M | 30x | as long as short |
| Lighter US500 | +0.0032% | 1h | $4.8M | $17.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | $3.3M | $13.2M | 25x | as long as short |
| Markets by Kinetiq mkts:US500long | +0.0046% | 1h | $1.8M | $6.6M | 25x | |
| Vest SPX-USD-PERP | +0.0046% | 1h | — | $1.9M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | $570K | $185K | 20x | as long as short |
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
QFEX US500-USD
Lighter US500
Extended SPX500m-USD
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 | $432.5M | $207.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | $7.6M | $1.6M | 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 | $5.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | $263K | $113K | 20x | as long as short |
| Variational Omni US500 | +0.0142% | 8h | $17.5M | $11.9M | — | as long as short |
| Aftermath Perps US500USD | +0.0379% | 1h | $496 | $12K | 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