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

SP500

RWAall SP500 markets
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Funding spread now, next payment 15:00 UTC+0.0038%/8h
next payment, per $10,000+$0.05paid, last 24h+0.035%paid, last 3 days+0.135%to open and close $10k−$19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX US500-USD7,722.80.0008pay 0.0001% / 1h18m 51s$11.7M$3.0M30x
ShortMarkets by Kinetiq mkts:US5007,694.30.0046get 0.0006% / 1h18m 51s$1.8M$6.6M25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$7.96
Slippage, 4 orders
−$7.3
Fee QFEX: 5 bp × 2 orders
−$10
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Net
−$10.97
Break-even
16.6 days
Slippage from QFEX: live order book, 7 min ago; Markets by Kinetiq: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.369%
Avg gap 7d
−0.214%
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 QFEX live order book, 7 min ago2.20 bp7.2 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell Markets by Kinetiq live order book, 9 min ago0.26 bp1.6 bp −$2doesn'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$125K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$155K$273K20xas long as short
Bitget SP500USDT0.0000%8h$7.3M$600K50xas long as short
Bullet US500-USD0.0000%1h$12K$107K10xas long as short
QFEX US500-USDlong+0.0008%1h$11.7M$3.0M30x
Lighter US500+0.0032%1h$4.8M$17.0M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.3M$13.2M25xas long as short
Markets by Kinetiq mkts:US500short+0.0046%1h$1.8M$6.6M25x
Vest SPX-USD-PERP+0.0046%1h$1.9M50xas 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$432.5M$207.1M50xas 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$5.1M25xas long as short
Pacifica SP500+0.0100%1h$263K$113K20xas long as short
Variational Omni US500+0.0142%8h$17.5M$11.9Mas long as short
Aftermath Perps US500USD+0.0376%1h$513$12K10xas long as short