S&P 500 (SP500) funding rates
S&P 500 (SP500) perpetual funding is currently quoted across 9 venues, ranging from -21.9% to +10.9% APR. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long Variational / short Pacifica at +7.5% net APR (high risk, ~2.2d to break even).
as of 2026-06-12 21:43 UTC
Best delta-neutral pairing
Long Variational / Short Pacifica
+7.5% 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.
Open this tradeSP500 funding by exchange
Frequently asked
What is the SP500 funding rate right now?
S&P 500 (SP500) perpetual funding ranges from -21.90% to 10.95% APR across 9 exchanges we track; the widest delta-neutral spread is long Variational / short Pacifica at 7.5% net APR.
Which exchange has the highest SP500 funding rate?
Pacifica currently has the highest at 10.95% APR. See the full ranking above.