Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against SoDEX+0.008%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$670.667% of the position
Funding, last 3 days (all we have)−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.008%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.035% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX US500-USD | 7,767.4 | 0.0050 | pay 0.0006% / 1h | 35m 00s | $1.3M | $156K | 20x |
| Short | Bitget SP500USDT | 7,768 | 0 | get 0.0000% / 8h | 35m 00s | $7.2M | $767K | 50x |
SoDEX US500-USD
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SoDEX. 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
- −$10.5
- Price spread: +0.008% → +0.042%
- −$3.47
- Slippage, 4 orders
- −$46.66
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.63
- Costs to cover
- 0.667%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 4 min ago; Bitget: live order book, 3 min ago.
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 SoDEX live order book, 4 min ago | 0.77 bp | 10.6 bp −$11 | 44.1 bp −$441 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.96 bp | 24.3 bp −$24 | 26.8 bp −$268 | 32.3 bp −$3,226 | doesn't fit |
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 | 7,666.6 | −1.298% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,767.1 | −0.004% | $11.9M | $2.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.013% | $141K | $230K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,768 | +0.008% | $7.2M | $767K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,742.3 | −0.323% | $17.5M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.7 | −0.009% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766 | −0.018% | $1.9M | $28.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.8 | +0.018% | $3.2M | $12.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.9 | −0.367% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.9 | +0.856% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
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 | 7,768.8 | +0.018% | $625K | $527K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.4 | −0.013% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.5 | +0.001% | $436.7M | $233.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.015% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USDlong | +0.0050% | 1h | 7,767.4 | long leg | $1.3M | $156K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.7 | +0.004% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.5 | +0.014% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0332% | 1h | 7,767.2 | −0.003% | $509 | $29K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD