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

SP500

RWAall SP500 markets
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Funding spread now, next payment 16:00 UTC−0.0035%/8h
next payment, per $10,000$0.04paid, last 24h−0.013%paid, last 3 days−0.038%to open and close $10k−$49
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX US500-USD7,729.60.0050pay 0.0006% / 1h22m 11s$1.0M$46K20x
ShortQFEX US500-USD7,729.80.0015get 0.0002% / 1h22m 11s$11.7M$3.0M30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$7.31
Slippage, 4 orders
−$31.48
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$56.78
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; QFEX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.003%
Avg gap 7d
+0.002%
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, 3 min ago1.10 bp18.4 bp −$1853.0 bp −$530doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.23 bp6.7 bp −$711.0 bp −$110doesn'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$6K$125K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$150K$286K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$721K50xas long as short
Bullet US500-USD0.0000%1h$13K$108K10xas long as short
QFEX US500-USDshort+0.0015%1h$11.7M$3.0M30x
Lighter US500+0.0032%1h$3.4M$19.8M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.4M$13.2M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.7M$7.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.4M50xas long as short
Popdex US500USDT+0.0048%1h$565K$192K20xas 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$431.9M$221.9M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.7M50xas long as short
SoDEX US500-USDlong+0.0050%1h$1.0M$46K20x
Ondo Perps US500-USD.P+0.0050%1h$9.6M$5.5M25xas long as short
Pacifica SP500+0.0100%1h$268K$126K20xas long as short
Variational Omni US500+0.0131%8h$17.4M$11.2Mas long as short
Aftermath Perps US500USD+0.0402%1h$547$13K10xas long as short