data as of
Settings8H · net · $10k
Funding arb /

SP500

RWAall SP500 markets
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Funding spread now, next payment 19:00 UTC+0.0004%/8h
paid, last 24h−0.022%paid, last 3 days−0.088%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,734.50.0046pay 0.0006% / 1h43m 34s$1.5M$8.1M25x
ShortParadex US500-USD-PERP7,761.50.0050get 0.0050% / 8h5h 43m$43K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0.91
Slippage, 4 orders
no order book: not counted
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.71
Break-even
43.2 days
Slippage unknown: Markets by Kinetiq: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.349%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Markets by Kinetiq live order book, 4 min ago0.06 bp1.5 bp −$1doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$6K$10152xas long as short
Extended SPX500m-USD−0.0120%1h$3.2M$14.2M25xas long as short
OKX US500-USDT-SWAP0.0000%8h$151K$295K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$732K50xas long as short
Variational Omni US5000.0000%8h$17.6M$11.5Mas long as short
Bullet US500-USD0.0000%1h$13K$109K10xas long as short
QFEX US500-USD+0.0008%1h$11.7M$3.1M30xas long as short
Lighter US500+0.0032%1h$2.8M$25.5M50xas long as short
Markets by Kinetiq mkts:US500long+0.0046%1h$1.5M$8.1M25x
Vest SPX-USD-PERP+0.0046%1h$3.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Popdex US500USDT+0.0048%1h$542K$217K20xas long as short
Paradex US500-USD-PERPshort+0.0050%8h$43K5x
tradeXYZ xyz:SP500+0.0050%1h$435.2M$248.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.5M50xas long as short
SoDEX US500-USD+0.0050%1h$1.1M$87K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h$9.6M$6.3M25xas long as short
Pacifica SP500+0.0100%1h$267K$163K20xas long as short
Aftermath Perps US500USD+0.0330%1h$515$16K10xas long as short