Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Paradex+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex US500-USD-PERP7,766.60.0050pay 0.0050% / 8h57m 21s$43K5x
ShortSoDEX US500-USD7,767.30.0050get 0.0006% / 1h57m 21s$1.1M$76K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.009% → 0.000%
$0.9
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$11.1
Costs to cover
0.120%
Break-even
1681595742.9 days
Slippage unknown: Paradex: no order-book sample; SoDEX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell SoDEX live order book, 1 min ago0.06 bp18.5 bp −$1950.1 bp −$501doesn't fitdoesn't fit
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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,666.1−1.294%$7K$10452xas long as short
QFEX US500-USD−0.0043%1h7,768+0.018%$11.9M$2.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.4−0.003%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770+0.044%$7.2M$765K50xas long as short
Variational Omni US5000.0000%8h7,743.1−0.303%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.6+0.013%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,766.2−0.005%$1.9M$27.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,768.9+0.030%$3.2M$13.5M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,738.9−0.357%$1.6M$7.5M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,834.5+0.874%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769.2+0.033%$624K$529K20xas long as short
Paradex US500-USD-PERPlong+0.0050%8h7,766.6long leg$43K5x
tradeXYZ xyz:SP500+0.0050%1h7,767.2+0.008%$437.1M$239.0M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766.8+0.003%$9.0M$2.3M50xas long as short
SoDEX US500-USDshort+0.0050%1h7,767.3+0.009%$1.1M$76K20x
Ondo Perps US500-USD.P+0.0050%1h7,767.9+0.017%$9.5M$8.1M25xas long as short
Pacifica SP500+0.0100%1h7,768.8+0.028%$261K$164K20xas long as short
Aftermath Perps US500USD+0.0321%1h7,767.3+0.009%$507$28K10xas long as short