Funding spread now, next payment 15:00 UTC−0.0368%/8h
paid, last 24h−0.095%paid, last 3 days−0.001%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment. 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 | Variational Omni US500 | 7,695.4 | 0.0148 | pay 0.0148% / 8h | 1h 27m | $17.5M | $11.9M | — |
| Short | Injective US500/USDC PERP | 7,609.1 | −0.0220 | pay 0.0028% / 1h | 27m 52s | $7K | $125K | 52x |
Variational Omni US500
Injective US500/USDC PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$77.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$77.21
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Injective: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −1.122%
- Avg gap 7d
- −4.026%
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 Variational Omni RFQ quote, 3 min ago | 1.90 bp | doesn't fit | 2.0 bp −$20 | 8.2 bp −$821 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective US500/USDC PERPshort | −0.0220% | 1h | $7K | $125K | 52x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | $150K | $269K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | $7.3M | $589K | 50x | as long as short |
| Bullet US500-USD | 0.0000% | 1h | $12K | $107K | 10x | as long as short |
| QFEX US500-USD | +0.0008% | 1h | $11.7M | $3.0M | 30x | as long as short |
| Lighter US500 | +0.0032% | 1h | $5.2M | $16.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | $3.3M | $13.2M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | $1.8M | $6.6M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | — | $1.6M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | $570K | $184K | 20x | as long as short |
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
QFEX US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDTShow all 18 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Paradex US500-USD-PERP | +0.0050% | 8h | $42K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | $432.1M | $203.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | $7.6M | $1.6M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | $1.0M | $46K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | $9.6M | $5.0M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | $268K | $101K | 20x | as long as short |
| Variational Omni US500long | +0.0148% | 8h | $17.5M | $11.9M | — | |
| Aftermath Perps US500USD | +0.0395% | 1h | $554 | $11K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500