Probing Pairing Symmetry in Sr$_2$RuO$_4$

We study the spin dynamics in a p-wave superconductor at the nesting vector associated with $\alpha$ and $\beta$ bands in Sr$_2$RuO$_4$. We find a collective mode at the nesting vector in the superconducting phase identified as the odd-parity pairing state which breaks time reversal symmetry. This mode in the spin channel only exists in the p-wave superconductor, not in s- or d-wave superconductors. We propose that probing this mode would clarify the pairing symmetry in Sr$_2$RuO$_4$. The possibility of second superconducting phase transition is also discussed.