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

SP500

RWAall SP500 markets
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Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 3 days+0.007%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX US500-USD7,750.40.0050pay 0.0006% / 1h8m 20s$1.1M$86K20x
ShortParadex US500-USD-PERP7,750.60.0050get 0.0050% / 8h7h 08m$43K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.002%
Avg gap 7d
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 SoDEX live order book, 2 min ago0.06 bp18.3 bp −$1847.4 bp −$474doesn't fitdoesn't fit
Sell Paradex no order-book sample
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$6K$125K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$151K$293K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$748K50xas long as short
Bullet US500-USD0.0000%1h$14K$109K10xas long as short
QFEX US500-USD+0.0006%1h$11.7M$2.9M30xas long as short
Lighter US500+0.0032%1h$3.1M$22.4M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.4M$13.3M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.7M$7.7M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.5M50xas long as short
Popdex US500USDT+0.0048%1h$547K$211K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERPshort+0.0050%8h$43K5x
tradeXYZ xyz:SP500+0.0050%1h$433.0M$233.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.7M50xas long as short
SoDEX US500-USDlong+0.0050%1h$1.1M$86K20x
Ondo Perps US500-USD.P+0.0050%1h$9.6M$6.1M25xas long as short
Variational Omni US500+0.0096%8h$17.5M$11.6Mas long as short
Pacifica SP500+0.0100%1h$273K$154K20xas long as short
Aftermath Perps US500USD+0.0329%1h$548$14K10xas long as short