S&P 500 (SP500) funding rate on PopDEX

Funding APR
+5.52%
0.0006% / 1h
Interval
1h
next 13:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
12
listing this pair

Over the last 30 days, S&P 500 (SP500) funding on PopDEX averaged +5.4% APR and stayed positive 98.9% of the time, ranging from -59.0% to +72.0%. Right now it pays longs pay shorts at +5.5% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long QFEX / short Ondo at +0.2% net APR (low risk, ~1.1d to break even).

as of 2026-09-18 12:10 UTC

SP500 funding history on PopDEXlast 30d

30d average
+5.36%
Range
-59% / 72%
% positive
98.9%
Volatility
5.0
Best delta-neutral pairing
Long QFEX / Short Ondo
+0.2% net APR
Backtested (30d)
-6.5%
Stability
94.4%
Risk
low
Breakeven
~1.1d

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

Frequently asked

What is the current SP500 funding rate on PopDEX?

S&P 500 (SP500) on PopDEX is funding at 5.52% APR (0.0006% every 1h), paid longs pay shorts, as of 2026-09-18 12:10 UTC.

How often does PopDEX pay funding on SP500?

Every 1 hour.

How do I earn SP500 funding without price risk?

Open a delta-neutral position: long QFEX and short Ondo, currently 0.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy