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SPX500M Funding Rate

SPX500M perpetual funding on 1 exchange: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

SPX500M funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
Extended1 h+0.0032%+0.0004%—+0.0013%3.5%+0.0060%+0.0827%+0.211%$5.6M

What SPX500M funding actually paid

Over 7 days, a SPX500M long paid +0.0827% on average across exchanges (4.3% a year).

Over 30 days, a SPX500M long paid +0.211% on average across exchanges (2.6% a year).

SPX500M funding rate history chart

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SPX500M funding arbitrage right now

A pair needs at least two exchanges with a known funding interval.

SPX500M perpetual futures by exchange

ExtendedSPX500M/USDC:USDC$7,646.70$5.6M
SPX500M page: spot, routes, networks

FAQ

How often is SPX500M 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 SPX500M 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.