S&P 500 (SP500) funding rate on HotStuff

Funding APR
-21.90%
-0.0025% / 1h
Interval
1h
next 05:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
11
listing this pair

Over the last 30 days, S&P 500 (SP500) funding on HotStuff averaged -18.6% APR and stayed positive 9.5% of the time, ranging from -21.9% to +21.9%. Right now it pays shorts pay longs at -21.9% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long Lighter / short Ondo at +1.0% net APR (low risk, ~3d to break even).

as of 2026-09-12 04:22 UTC

SP500 funding history on HotStufflast 30d

30d average
-18.57%
Range
-22% / 22%
% positive
9.5%
Volatility
9.9
Best delta-neutral pairing
Long Lighter / Short Ondo
+1.0% net APR
Backtested (30d)
+0.2%
Stability
92.1%
Risk
low
Breakeven
~3d

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%
Paradex+7.25%
Ondo+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
SoDEX+5.47%
Lighter+3.50%
Extended+3.50%
QFEX+0.00%
Variational+0.00%
HotStuff-21.90%

Frequently asked

What is the current SP500 funding rate on HotStuff?

S&P 500 (SP500) on HotStuff is funding at -21.90% APR (-0.0025% every 1h), paid shorts pay longs, as of 2026-09-12 04:22 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 Lighter and short Ondo, currently 1.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy