Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against OKX−0.022%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.022%, 7d avg −0.069%
=Together, before fees−0.543%+ Points / potential airdropPacifica: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.413%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US500-USDT-SWAP | 7,768.6 | 0 | get 0.0000% / 8h | 5h 27m | $152K | $218K | 20x |
| Short | Pacifica SP500 | 7,766.9 | 0.0100 | get 0.0013% / 1h | 27m 15s | $261K | $177K | 20x |
OKX US500-USDT-SWAP
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against OKX. 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
- $21
- Price spread: −0.022% → −0.069%
- $4.69
- Slippage, 4 orders
- −$16.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$8.54
- Costs to cover
- 0.342%
- Break-even
- 9.8 days
Slippage from OKX: live order book, 33 min ago; Pacifica: live order book, 36 min ago.
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 OKX live order book, 33 min ago | 0.58 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 36 min ago | 1.22 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
SP500 on 18 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,666.5 | −1.314% | $7K | $106 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,767.4 | −0.015% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAPlong | 0.0000% | 8h | 7,768.6 | long leg | $152K | $218K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.8 | +0.028% | $7.2M | $763K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.3 | −0.326% | $17.5M | $9.1M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.6 | −0.026% | $12K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764.8 | −0.049% | $2.2M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766.7 | −0.024% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.7 | −0.385% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.8 | +0.813% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,767.9 | −0.009% | $583K | $486K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.1 | −0.058% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.7 | −0.024% | $431.6M | $241.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.7 | −0.050% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.1 | −0.032% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.5 | −0.002% | $9.5M | $7.4M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,766.9 | −0.022% | $261K | $177K | 20x | |
| Aftermath Perps US500USD | +0.0277% | 1h | 7,764.9 | −0.048% | $529 | $23K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Aftermath Perps US500USD