Funding you earn now, next payment 10:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h −0.081%
Price spread now: Injective against Paradex−1.236%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 1.236% cheaper against Paradex than usual: you would sell low and buy high (−$124 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US500-USD-PERP | 7,759.2 | 0.0050 | pay 0.0050% / 8h | 6h 51m | $43K | — | 5x |
| Short | Injective US500/USDC PERP | 7,663.3 | 0.0033 | get 0.0004% / 1h | 51m 48s | $7K | $100 | 52x |
Paradex US500-USD-PERP
Injective US500/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Paradex. 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
- −$3.5
- Price spread: −1.236% → 0.000%
- −$123.56
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$131.08
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Injective: no order-book sample. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX US500-USD | −0.0052% | 1h | 7,760.7 | +0.020% | $9.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,761.9 | +0.035% | $137K | $235K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,763.8 | +0.060% | $7.2M | $566K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,738.9 | −0.261% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,759.3 | +0.001% | $13K | $104K | 10x | as long as short |
| Polymarket Perps SP500-USD | +0.0004% | 1h | 7,756.6 | −0.033% | $10.0M | $3.2M | 50x | as long as short |
| tradeXYZ xyz:SP500 | +0.0024% | 1h | 7,760 | +0.011% | $426.0M | $242.3M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,758 | −0.015% | $2.1M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,761.6 | +0.032% | $3.2M | $10.7M | 25x | as long as short |
| Injective US500/USDC PERPshort | +0.0033% | 1h | 7,663.3 | −1.236% | $7K | $100 | 52x |
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Polymarket Perps SP500-USD
tradeXYZ xyz:SP500
Lighter US500
Extended SPX500m-USDShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,732.3 | −0.346% | $1.5M | $7.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,827.5 | +0.881% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,761.3 | +0.027% | $624K | $508K | 20x | as long as short |
| Paradex US500-USD-PERPlong | +0.0050% | 8h | 7,759.2 | long leg | $43K | — | 5x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,759.1 | −0.001% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,760.2 | +0.013% | $9.5M | $8.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,760.5 | +0.017% | $259K | $172K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0268% | 1h | 7,761.2 | +0.027% | $546 | $30K | 10x | as long as short |
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDT
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD