Retained incident replay

SPX funding pressure is extreme

What happened

Absolute hourly funding is 2.14 bps

Why it matters

This deterministic condition affected SPX on native. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

• Status resolved; severity warning
• Detected 2026-08-21T22:05:23.284Z
• Current cycle 2026-09-22T09:01:26.811Z
• Resolved 2026-09-22T09:03:37.123Z

Recommended action

Compare the current oracle, mark, liquidity, funding, exposure, coverage, and freshness before changing a position or operating decision.

Open SPX market evidence

{
  "currentHourlyRateBps": 2.1436,
  "annualizedRatePercent": 187.78,
  "sampleCount": 875,
  "historySource": "market-contexts",
  "absolutePercentile": 99.89,
  "directionalPersistencePercent": 100
}