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

SP500

RWAall SP500 markets
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Funding spread now, next payment 15:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 3 days−0.066%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,722.40.0050pay 0.0006% / 1h20m 45s$9.6M$5.1M25x
ShortParadex US500-USD-PERP7,720.80.0050get 0.0050% / 8h1h 20m$42K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.08
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.08
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.020%
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 Ondo Perps no order-book sample
Sell Paradex no order-book sample
Ondo Perps and 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$7K$125K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$150K$273K20xas long as short
Bitget SP500USDT0.0000%8h$7.3M$600K50xas long as short
Bullet US500-USD0.0000%1h$12K$107K10xas long as short
QFEX US500-USD+0.0008%1h$11.7M$3.0M30xas long as short
Lighter US500+0.0032%1h$4.9M$16.8M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.2M$13.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.8M$6.6M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$1.8M50xas long as short
Popdex US500USDT+0.0048%1h$570K$185K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERPshort+0.0050%8h$42K5x
tradeXYZ xyz:SP500+0.0050%1h$434.3M$205.4M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.6M50xas long as short
SoDEX US500-USD+0.0050%1h$1.0M$46K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h$9.6M$5.1M25x
Pacifica SP500+0.0100%1h$268K$101K20xas long as short
Variational Omni US500+0.0142%8h$17.5M$11.9Mas long as short
Aftermath Perps US500USD+0.0373%1h$513$12K10xas long as short