Funding you earn now, next payment 07:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.031%
Price spread now: Pacifica against QFEX+0.011%7-day average +0.008% · 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−$34as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 4 days (all we have)+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.011%, 7d avg +0.008%
=Together, before fees+0.146%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX US500-USD | 7,768.7 | −0.0039 | get 0.0005% / 1h | 17m 14s | $11.9M | $2.2M | 30x |
| Short | Pacifica SP500 | 7,769.5 | 0.0100 | get 0.0013% / 1h | 17m 14s | $261K | $174K | 20x |
QFEX US500-USD
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against QFEX. 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
- $29.11
- Price spread: +0.011% → +0.008%
- $0.27
- Slippage, 4 orders
- −$16.25
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$4.86
- Costs to cover
- 0.343%
- Break-even
- 8.2 days
Slippage from QFEX: live order book, 7 min ago; Pacifica: live order book, 26 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 QFEX live order book, 7 min ago | 1.54 bp | 8.5 bp −$8 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 26 min ago | 0.71 bp | 10.1 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 | 7,666.1 | −1.321% | $7K | $108 | 52x | as long as short |
| QFEX US500-USDlong | −0.0039% | 1h | 7,768.7 | long leg | $11.9M | $2.2M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765.6 | −0.040% | $141K | $232K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.1 | +0.018% | $7.2M | $771K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.9 | −0.332% | $17.5M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.7 | 0.000% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,768.2 | −0.006% | $1.9M | $28.7M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,770.5 | +0.023% | $3.2M | $14.2M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.9 | −0.384% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,835.8 | +0.863% | — | $4.3M | 50x | as long as short |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
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 | 7,770.8 | +0.027% | $625K | $528K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,768.6 | −0.001% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769 | +0.004% | $432.8M | $235.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,768.2 | −0.006% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.7 | 0.000% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,770.1 | +0.018% | $9.5M | $8.0M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,769.5 | +0.011% | $261K | $174K | 20x | |
| Aftermath Perps US500USD | +0.0322% | 1h | 7,767.9 | −0.010% | $473 | $28K | 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