Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.011%
Price spread now: Extended against SoDEX+0.012%7-day average −0.047% · 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−$42as in the Price arb table
costs, in and out, $10k−$480.479% of the position
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.012%, 7d avg −0.047%
=Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.059% dearer against SoDEX than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.047%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX US500-USD | 7,765.7 | 0.0050 | pay 0.0006% / 1h | 7m 41s | $1.1M | $85K | 20x |
| Short | Extended SPX500m-USD | 7,766.6 | 0.0032 | get 0.0004% / 1h | 7m 41s | $3.2M | $15.1M | 25x |
SoDEX US500-USD
Extended SPX500m-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.78
- Price spread: +0.012% → −0.047%
- $5.93
- Slippage, 4 orders
- −$34.89
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$45.74
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago | 0.06 bp | 18.2 bp −$18 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.84 bp | 6.2 bp −$6 | 9.2 bp −$92 | 22.5 bp −$2,251 | 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 | 7,665.2 | −1.294% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0029% | 1h | 7,765.9 | +0.003% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,764.9 | −0.010% | $151K | $224K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.1 | +0.070% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.9 | −0.319% | $17.5M | $9.4M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,765.5 | −0.002% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764.6 | −0.014% | $2.1M | $28.9M | 50x | as long as short |
| Extended SPX500m-USDshort | +0.0032% | 1h | 7,766.6 | +0.012% | $3.2M | $15.1M | 25x | |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.7 | −0.361% | $1.6M | $6.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.5 | +0.847% | — | $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
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 | +0.030% | $584K | $487K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.2 | −0.019% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766 | +0.004% | $431.7M | $239.0M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | −0.014% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USDlong | +0.0050% | 1h | 7,765.7 | long leg | $1.1M | $85K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.2 | +0.019% | $9.5M | $7.6M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,766.9 | +0.016% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0229% | 1h | 7,764.9 | −0.010% | $470 | $25K | 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