Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Polymarket Perps−0.010%49s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,12011.197% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.010%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.024% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SP500-USD | 7,750.7 | 0.0050 | pay 0.0006% / 1h | 20m 26s | $9.0M | $2.2M | 50x |
| Short | SoDEX US500-USD | 7,749.9 | 0.0050 | get 0.0006% / 1h | 20m 26s | $1.3M | $191K | 20x |
Polymarket Perps SP500-USD
SoDEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Polymarket Perps. 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
- $0
- Price spread: −0.010% → +0.014%
- −$2.43
- Slippage, 4 orders
- −$1,103.72
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$1,122.15
- Costs to cover
- 11.197%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; SoDEX: live order book, 3 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 Polymarket Perps live order book, 4 min ago | 196.08 bp | 548.6 bp −$549 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.06 bp | 18.1 bp −$18 | 48.2 bp −$482 | 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 | 7,663.3 | −1.128% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0042% | 1h | 7,750.5 | −0.003% | $9.9M | $3.1M | 30x | as long as short |
| Extended SPX500m-USD | −0.0040% | 1h | 7,753.2 | +0.032% | $3.2M | $11.3M | 25x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,750.9 | +0.003% | $137K | $234K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,753.3 | +0.034% | $7.2M | $756K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,726.8 | −0.308% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,750.9 | +0.003% | $14K | $104K | 10x | as long as short |
| tradeXYZ xyz:SP500 | +0.0003% | 1h | 7,751 | +0.004% | $427.2M | $238.5M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,750.4 | −0.004% | $2.0M | $28.3M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,723 | −0.357% | $1.5M | $7.7M | 25x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Extended SPX500m-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
tradeXYZ xyz:SP500
Lighter US500
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,819.3 | +0.884% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,753.7 | +0.039% | $623K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,750.6 | −0.002% | $43K | — | 5x | as long as short |
| Polymarket Perps SP500-USDlong | +0.0050% | 1h | 7,750.7 | long leg | $9.0M | $2.2M | 50x | |
| SoDEX US500-USDshort | +0.0050% | 1h | 7,749.9 | −0.010% | $1.3M | $191K | 20x | |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,751.9 | +0.015% | $9.5M | $8.3M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,751.3 | +0.008% | $258K | $173K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0329% | 1h | 7,744.2 | −0.084% | $445 | $30K | 10x | as long as short |
Vest SPX-USD-PERP
Popdex US500USDT
Paradex US500-USD-PERP
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD