S&P 500 (SP500) funding rate on HotStuff

Funding APR
+7.88%
0.0009% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
10
listing this pair

Over the last 20.4 days, S&P 500 (SP500) funding on HotStuff averaged -26.9% APR and stayed positive 7.4% of the time, ranging from -87.6% to +29.5%. Right now it pays longs pay shorts at +7.9% APR, settled every 1h across 10 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 2026-06-13 21:09 UTC

SP500 funding history on HotStufflast 20d

30d average
-26.86%
Range
-88% / 29%
% positive
7.4%
Volatility
23.5
Best delta-neutral pairing
Long Variational / Short HotStuff
+6.0% net APR
Backtested (30d)
-21.2%
Stability
4.3%
Risk
high
Breakeven
~3.2d

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
Pacifica+10.95%
HotStuff+7.88%
TradeXYZ+5.48%
Kinetiq+5.00%
Lighter+3.50%
Extended+3.50%
DreamCash+0.00%
Felix+0.00%
QFEX+0.00%
Variational+0.00%

Frequently asked

What is the current SP500 funding rate on HotStuff?

S&P 500 (SP500) on HotStuff is funding at 7.88% APR (0.0009% every 1h), paid longs pay shorts, as of 2026-06-13 21:09 UTC.

How often does HotStuff 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 HotStuff, currently 6.0% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy