Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: tradeXYZ against Paradex+0.029%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropParadex: Active · tradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.029% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex US500-USD-PERP | 7,765.3 | 0.0050 | pay 0.0050% / 8h | 5h 00m | $43K | — | 5x |
| Short | tradeXYZ xyz:SP500 | 7,767.6 | 0.0050 | get 0.0006% / 1h | 0m 17s | $431.6M | $240.5M | 50x |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0
- Price spread: +0.029% → 0.000%
- $2.93
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$19.07
- Costs to cover
- 0.220%
- Break-even
- 258343758.3 days
Slippage unknown: Paradex: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 tradeXYZ live order book, 10 min ago | 0.06 bp | 9.5 bp −$10 | 9.8 bp −$98 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,667.4 | −1.261% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,769.1 | +0.049% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767 | +0.022% | $152K | $219K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.6 | +0.081% | $7.2M | $774K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.8 | −0.291% | $17.5M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.6 | +0.029% | $13K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766 | +0.009% | $2.2M | $28.5M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.9 | +0.033% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.2 | −0.336% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.8 | +0.868% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.1 | +0.036% | $583K | $487K | 20x | as long as short |
| Paradex US500-USD-PERPlong | +0.0050% | 8h | 7,765.3 | long leg | $43K | — | 5x | |
| tradeXYZ xyz:SP500short | +0.0050% | 1h | 7,767.6 | +0.029% | $431.6M | $240.5M | 50x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.8 | +0.006% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.2 | +0.024% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.7 | +0.043% | $9.5M | $7.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768 | +0.034% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0229% | 1h | 7,764.8 | −0.006% | $577 | $24K | 10x | as long as short |
Popdex US500USDT
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD