Funding you earn now, next payment 10:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h +0.081%
Price spread now: Paradex against Injective+1.340%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 1.340% dearer against Injective than usual: you sell high and buy low: +$134 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective US500/USDC PERP | 7,658 | 0.0033 | pay 0.0004% / 1h | 16m 16s | $7K | $101 | 52x |
| Short | Paradex US500-USD-PERP | 7,760.7 | 0.0050 | get 0.0050% / 8h | 6h 16m | $43K | — | 5x |
Injective US500/USDC PERP
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Injective. 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
- $3.5
- Price spread: +1.340% → 0.000%
- $134.05
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $133.53
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Paradex: no order-book sample. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Injective and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SP500-USD | −0.0076% | 1h | 7,759.6 | +1.327% | $9.3M | $5.1M | 50x | as long as short |
| QFEX US500-USD | −0.0052% | 1h | 7,761.4 | +1.350% | $9.9M | $3.3M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,762 | +1.358% | $137K | $235K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,764.7 | +1.393% | $7.2M | $546K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,735.4 | +1.010% | $17.5M | $7.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,761.6 | +1.353% | $14K | $104K | 10x | as long as short |
| Lighter US500 | +0.0024% | 1h | 7,760.6 | +1.340% | $2.1M | $29.1M | 50x | as long as short |
| tradeXYZ xyz:SP500 | +0.0027% | 1h | 7,761.7 | +1.354% | $424.2M | $237.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,764.2 | +1.387% | $3.2M | $10.1M | 25x | as long as short |
| Injective US500/USDC PERPlong | +0.0033% | 1h | 7,658 | long leg | $7K | $101 | 52x |
Polymarket Perps SP500-USD
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
tradeXYZ xyz:SP500
Extended SPX500m-USDShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,732.2 | +0.969% | $1.5M | $8.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,829.8 | +2.243% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,763.2 | +1.374% | $624K | $508K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,760.7 | +1.340% | $43K | — | 5x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,761.9 | +1.357% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,760 | +1.332% | $9.5M | $8.6M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,763.2 | +1.374% | $259K | $174K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0391% | 1h | 7,760.3 | +1.335% | $557 | $29K | 10x | as long as short |
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDT
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD