SP500 Funding Rate
SP500 perpetual funding on 3 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
SP500 funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Pacifica1 hbest long | −0.0003% | 0.0000% | −0.0047% | +0.0013% | −0.3% | −0.0823% | +0.0338% | +0.548% | $145K | |
 Bitget8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | 0.0000% | +0.279% | +0.290% | $102.4K | |
 WEEX8 hbest short | +0.0003% | +0.0003% | — | +0.0100% | 0.3% | +0.0089% | +0.114% | +0.158% | $542.5K | |
What SP500 funding actually paid
Over 7 days, a SP500 long paid +0.142% on average across exchanges (7.4% a year). The most on Bitget (+0.279%), the least on Pacifica (+0.0338%).
Over 30 days, a SP500 long paid +0.332% on average across exchanges (4.1% a year). The most on Pacifica (+0.548%), the least on WEEX (+0.158%).
SP500 funding rate history chart
Loading payments…
SP500 funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Pacifica (−0.0003% per 8 h), the highest on WEEX (+0.0003%). Long on Pacifica and short on WEEX, price hedged: a difference of 0.6% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
SP500 perpetual futures by exchange
WEEXSP500/USDT:USDT$7,631.95$542.5KPacificaSP500/USDC:USDC$7,620.30$145KBitgetSP500/USDT:USDT$7,642.25$102.4KFAQ
- What is the SP500 funding rate?
A periodic payment between long and short holders of SP500 perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0003% to 0.0003% per 8 hours across 3 exchanges.
- How often is SP500 funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the SP500 funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.