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

SP500

RWAall SP500 markets
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Funding spread now, next payment 18:00 UTC+0.0052%/8h
next payment, per $10,000+$0.07paid, last 24h+0.016%paid, last 3 days+0.201%to open and close $10k−$28
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex US500USDT7,758.60.0048pay 0.0006% / 1h44m 19s$547K$211K20x
ShortPacifica SP5007,757.40.0100get 0.0013% / 1h44m 19s$267K$163K20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$10.92
Slippage, 4 orders
−$13.51
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$16.99
Break-even
17.9 days
Slippage from Popdex: live order book, 61 min ago; Pacifica: live order book, 60 min ago.

Price risk

price view
Price gap now
−0.015%
Avg gap 7d
−0.025%
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 Popdex live order book, 61 min ago0.58 bp3.8 bp −$43.9 bp −$399.0 bp −$897doesn't fit
Sell Pacifica live order book, 60 min ago0.06 bp4.9 bp −$5doesn't fitdoesn't fitdoesn't fit

SP500 on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$7K$56K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$151K$292K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$752K50xas long as short
Bullet US500-USD0.0000%1h$14K$109K10xas long as short
QFEX US500-USD+0.0010%1h$11.7M$2.9M30xas long as short
Lighter US500+0.0032%1h$2.9M$23.9M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.3M$13.6M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.6M$8.0M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.5M50xas long as short
Popdex US500USDTlong+0.0048%1h$547K$211K20x
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERP+0.0050%8h$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$432.8M$236.2M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.5M50xas long as short
SoDEX US500-USD+0.0050%1h$1.1M$87K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h$9.6M$6.2M25xas long as short
Variational Omni US500+0.0076%8h$17.5M$11.4Mas long as short
Pacifica SP500short+0.0100%1h$267K$163K20x
Aftermath Perps US500USD+0.0294%1h$458$15K10xas long as short