S&P 500 (SP500) funding rate on Extended

Funding APR
+3.50%
0.0004% / 1h
Interval
1h
next 09:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
9
listing this pair

Over the last 30 days, S&P 500 (SP500) funding on Extended averaged -8.1% APR and stayed positive 61% of the time, ranging from -223.8% to +169.6%. Right now it pays longs pay shorts at +3.5% APR, settled every 1h across 9 venues we track. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long Variational / short Pacifica at +7.4% net APR (high risk, ~2.2d to break even).

as of 2026-06-12 08:25 UTC

SP500 funding history on Extendedlast 30d

30d average
-8.07%
Range
-224% / 170%
% positive
61%
Volatility
34.9
Best delta-neutral pairing
Long Variational / Short Pacifica
+7.4% net APR
Backtested (30d)
+9.0%
Stability
100%
Risk
high
Breakeven
~2.2d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SP500 funding compares across venues

ExchangeFunding APR
Felix+223.30%
Pacifica+10.95%
TradeXYZ+5.48%
DreamCash+5.48%
Kinetiq+5.00%
Lighter+3.50%
Extended+3.50%
Variational+0.00%
HotStuff-21.90%

Frequently asked

What is the current SP500 funding rate on Extended?

S&P 500 (SP500) on Extended is funding at 3.50% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-06-12 08:25 UTC.

How often does Extended pay funding on SP500?

Every 1 hour.

How do I earn SP500 funding without price risk?

Open a delta-neutral position: long Variational and short Pacifica, currently 7.4% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy