S&P 500 Index (SP500) Funding Rate History
S&P 500 Index (SP500) perpetual futures funding ranges from -16.90 bps on WOOFIPRO to 1.00 bps on PACIFICA across 15 reporting venues, a spread of 17.90 bps. The most extreme rate (-185.05% APY annualized) is on WOOFIPRO. Currently funding signs are mixed: 6 positive, 6 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on SP500 price.
SP500 Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| WOOFIPRO | -16.90 bps | -185.05% APY | -11.80 bps | $11.58K |
| GATEIO | -2.00 bps | -21.90% APY | -0.40 bps | $41.31K |
| HOTSTUFF | -2.00 bps | -21.90% APY | -2.00 bps | $0 |
| BINGX | -1.50 bps | -16.42% APY | -1.00 bps | $22.24M |
| MEXC | -1.10 bps | -12.04% APY | -1.00 bps | $95.59M |
| PACIFICA | 1.00 bps | 10.95% APY | -1.30 bps | $293.95K |
| HUOBI | 1.00 bps | 10.95% APY | 1.00 bps | $208.62K |
| VEST | 0.50 bps | 5.47% APY | n/a | $20.35M |
| EXTENDED | 0.30 bps | 3.28% APY | 0.20 bps | $8.74M |
| LIGHTER | 0.30 bps | 3.28% APY | 0.10 bps | $801.63K |
| PARADEX | 0.20 bps | 2.19% APY | -0.60 bps | $7.55K |
| TRADEXYZ | -0.10 bps | -1.09% APY | -0.30 bps | $169.93M |
| VARIATIONAL | 0.00 bps | 0.00% APY | 0.10 bps | $5.77M |
| QFEX | 0.00 bps | 0.00% APY | 0.10 bps | $108.96K |
| PHEMEX | 0.00 bps | 0.00% APY | -1.30 bps | $31.56K |
Last updated 2026-07-16T17:27:13Z (UTC).
Loading SP500 funding history...
Related: SP500 open interest, SP500 volume, SP500 perp market data.