Funding spread now, next payment 18:00 UTC−0.0378%/8h
next payment, per $10,000−$0.47paid, last 24h−0.007%paid, last 7 days−0.042%to open and close $10k−$26
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SP500 | 7,757 | 0.0050 | pay 0.0006% / 1h | 2m 22s | $433.5M | $246.8M | 50x |
| Short | Extended SPX500m-USD | 7,759 | −0.0328 | pay 0.0041% / 1h | 2m 22s | $3.1M | $14.2M | 25x |
tradeXYZ xyz:SP500
Extended SPX500m-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$79.38
- Slippage, 4 orders
- −$2.63
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$105.01
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 3 min ago.
Price risk
price view- Price gap now
- +0.025%
- Avg gap 7d
- −0.014%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 9 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 10.1 bp −$1,009 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.90 bp | 3.4 bp −$3 | 3.4 bp −$34 | 19.6 bp −$1,960 | doesn't fit |
SP500 on 18 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Extended SPX500m-USDshort | −0.0328% | 1h | $3.1M | $14.2M | 25x | |
| Injective US500/USDC PERP | −0.0220% | 1h | $7K | $56K | 52x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | $151K | $296K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | $7.2M | $731K | 50x | as long as short |
| Bullet US500-USD | 0.0000% | 1h | $13K | $108K | 10x | as long as short |
| Variational Omni US500 | +0.0009% | 8h | $17.5M | $11.4M | — | as long as short |
| QFEX US500-USD | +0.0010% | 1h | $11.7M | $3.1M | 30x | as long as short |
| Lighter US500 | +0.0032% | 1h | $2.9M | $25.1M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | $1.5M | $8.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | — | $3.5M | 50x | as long as short |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
Variational Omni US500
QFEX US500-USD
Lighter US500
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | $547K | $212K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500long | +0.0050% | 1h | $433.5M | $246.8M | 50x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | $9.6M | $6.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | $267K | $163K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0379% | 1h | $458 | $16K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500