Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%
Price spread now: Bitget against Popdex+0.012%45s7-day average +0.012% · you sell dearer than you buy
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−$510.509% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.012%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 45 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 | Popdex US500USDT | 7,762.6 | 0.0048 | pay 0.0006% / 1h | 4m 48s | $625K | $527K | 20x |
| Short | Bitget SP500USDT | 7,763.5 | 0 | get 0.0000% / 8h | 4m 48s | $7.2M | $767K | 50x |
Popdex US500USDT
Bitget SP500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Popdex. 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
- −$10.08
- Price spread: +0.012% → +0.012%
- −$0.09
- Slippage, 4 orders
- −$32.47
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.04
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 34 min ago; Bitget: live order book, 4 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 Popdex live order book, 34 min ago | 0.51 bp | 3.7 bp −$4 | 3.9 bp −$39 | 7.4 bp −$743 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.67 bp | 24.3 bp −$24 | 26.2 bp −$262 | 31.6 bp −$3,157 | 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 | −1.279% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,759.6 | −0.039% | $9.9M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | +0.049% | $141K | $229K | 20x | as long as short |
| Bitget SP500USDTshort | 0.0000% | 8h | 7,763.5 | +0.012% | $7.2M | $767K | 50x | |
| Variational Omni US500 | 0.0000% | 8h | 7,737.1 | −0.328% | $17.5M | $8.4M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,759.3 | −0.043% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,758.3 | −0.055% | $2.1M | $28.7M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,760.9 | −0.022% | $3.2M | $12.0M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,733.2 | −0.379% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,826.8 | +0.826% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
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 US500USDTlong | +0.0048% | 1h | 7,762.6 | long leg | $625K | $527K | 20x | |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,759 | −0.046% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,759.3 | −0.043% | $435.9M | $233.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,759.1 | −0.045% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,758.8 | −0.049% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,761.3 | −0.017% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,762 | −0.008% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0339% | 1h | 7,759.2 | −0.044% | $480 | $29K | 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
Aftermath Perps US500USD