Settings8H · net · $10k
Funding arb · Price arb /

SP500

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0551%/8h= −60.4% APRnext payment $0.69 per $10,000 · paid last 24h −0.160%
Price spread now: Injective against Aftermath Perps−1.178%55s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Injective is 1.178% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$118 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps US500USD7,754.70.0331pay 0.0041% / 1h51m 31s$497$29K10x
ShortInjective US500/USDC PERP7,663.3−0.0220pay 0.0028% / 1h51m 31s$7K$10452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aftermath Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$115.78
Price spread: −1.178% → 0.000%
−$117.83
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$242.63
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Injective no order-book sample
Aftermath Perps and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SP500 on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERPshort−0.0220%1h7,663.3−1.178%$7K$10452x
QFEX US500-USD−0.0042%1h7,754.1−0.007%$9.9M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,762.6+0.102%$141K$228K20xas long as short
Bitget SP500USDT0.0000%8h7,757.6+0.038%$7.2M$768K50xas long as short
Variational Omni US5000.0000%8h7,733.9−0.268%$17.5M$8.4Mas long as short
Bullet US500-USD0.0000%1h7,754.1−0.008%$13K$105K10xas long as short
tradeXYZ xyz:SP500+0.0019%1h7,754.3−0.005%$431.4M$233.8M50xas long as short
Lighter US500+0.0032%1h7,754−0.009%$2.0M$28.0M50xas long as short
Extended SPX500m-USD+0.0032%1h7,756.7+0.027%$3.3M$11.9M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,726.7−0.361%$1.6M$7.4M25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPX-USD-PERP+0.0046%1h7,822.6+0.876%$4.3M50xas long as short
Popdex US500USDT+0.0048%1h7,758.4+0.048%$624K$528K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,754.60.000%$43K5xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,756.4+0.022%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,753.3−0.018%$1.3M$191K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,755.7+0.013%$9.5M$8.3M25xas long as short
Pacifica SP500+0.0100%1h7,757.2+0.032%$259K$168K20xas long as short
Aftermath Perps US500USDlong+0.0331%1h7,754.7long leg$497$29K10x