S&P 500 (SP500) funding rate on Variational

Funding APR
+0.00%
0.0000% / 8h
Interval
8h
next 16:00 UTC
Direction
Flat
flat
Venues tracked
10
listing this pair

Over the last 6.9 days, S&P 500 (SP500) funding on Variational averaged -2.4% APR and stayed positive 2.4% of the time, ranging from -36.6% to +8.1%. Right now it pays flat at +0.0% APR, settled every 8h across 10 venues we track. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long Variational / short Pacifica at +7.3% net APR (high risk, ~2.2d to break even).

as of 2026-06-12 13:13 UTC

SP500 funding history on Variationallast 7d

30d average
-2.39%
Range
-37% / 8%
% positive
2.4%
Volatility
6.8
Best delta-neutral pairing
Long Variational / Short Pacifica
+7.3% 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+284.53%
Pacifica+10.95%
TradeXYZ+5.48%
DreamCash+5.48%
Kinetiq+5.00%
Lighter+3.50%
Extended+3.50%
Variational+0.00%
QFEX-0.02%
HotStuff-21.90%

Frequently asked

What is the current SP500 funding rate on Variational?

S&P 500 (SP500) on Variational is funding at 0.00% APR (0.0000% every 8h), paid flat, as of 2026-06-12 13:13 UTC.

How often does Variational pay funding on SP500?

Every 8 hours.

How do I earn SP500 funding without price risk?

Open a delta-neutral position: long Variational and short Pacifica, currently 7.3% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy