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

SP500

RWAall SP500 markets
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Funding spread now, next payment 15:00 UTC−0.0068%/8h
next payment, per $10,000$0.09paid, last 24h−0.021%paid, last 7 days−0.489%to open and close $10k−$20
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SP5007,722.70.0100pay 0.0013% / 1h25m 24s$268K$101K20x
ShortLighter US5007,719.70.0032get 0.0004% / 1h25m 24s$5.2M$16.6M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$14.28
Slippage, 4 orders
−$11.9
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$34.18
Break-even
never at this rate
Slippage from Pacifica: live order book, 29 min ago; Lighter: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.039%
Avg gap 7d
−0.033%
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 Pacifica live order book, 29 min ago1.49 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.19 bp0.2 bp $00.3 bp −$312.0 bp −$1,205176.2 bp −$88.1K

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$269K20xas long as short
Bitget SP500USDT0.0000%8h$7.3M$600K50xas long as short
Bullet US500-USD0.0000%1h$13K$107K10xas long as short
QFEX US500-USD+0.0008%1h$11.7M$3.0M30xas long as short
Lighter US500short+0.0032%1h$5.2M$16.6M50x
Extended SPX500m-USD+0.0032%1h$3.3M$13.2M25xas 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$1.7M50xas long as short
Popdex US500USDT+0.0048%1h$570K$184K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERP+0.0050%8h$42K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$432.2M$203.6M50xas 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.P+0.0050%1h$9.6M$5.0M25xas long as short
Pacifica SP500long+0.0100%1h$268K$101K20x
Variational Omni US500+0.0144%8h$17.5M$11.9Mas long as short
Aftermath Perps US500USD+0.0386%1h$456$12K10xas long as short