Funding you earn now, next payment 01:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.069%
Price spread now: Lighter against Aftermath Perps−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.020% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps US500USD | 7,768.4 | 0.0204 | pay 0.0026% / 1h | 34m 37s | $560 | $21K | 10x |
| Short | Lighter US500 | 7,766.8 | 0.0032 | get 0.0004% / 1h | 34m 37s | $2.2M | $28.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.13
- Price spread: −0.020% → 0.000%
- −$2.03
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$47.16
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.39 bp | 0.4 bp $0 | 0.6 bp −$6 | 3.8 bp −$375 | 160.5 bp −$80.3K |
Aftermath Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,668.6 | −1.284% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,768.9 | +0.007% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,772 | +0.047% | $152K | $246K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.1 | +0.048% | $7.2M | $797K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,745 | −0.300% | $17.2M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.5 | +0.002% | $13K | $108K | 10x | as long as short |
| Lighter US500short | +0.0032% | 1h | 7,766.8 | −0.020% | $2.2M | $28.7M | 50x | |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.2 | +0.010% | $3.2M | $14.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,741 | −0.352% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,833.3 | +0.835% | — | $3.6M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,770.2 | +0.023% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.4 | −0.025% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.7 | +0.004% | $436.1M | $242.9M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.028% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.1 | −0.004% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.5 | +0.001% | $9.5M | $7.0M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.1 | +0.010% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USDlong | +0.0204% | 1h | 7,768.4 | long leg | $560 | $21K | 10x |
Aftermath Perps US500USD
Lighter US500
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500