Funding you earn now, next payment 03:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.080%
Price spread now: QFEX against Aftermath Perps+0.055%7-day average — · you sell dearer than you buy
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—needs both histories
The price spread pays, funding is against you. QFEX is 0.055% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps US500USD | 7,764.8 | 0.0251 | pay 0.0031% / 1h | 12m 46s | $504 | $24K | 10x |
| Short | QFEX US500-USD | 7,769.1 | −0.0036 | pay 0.0004% / 1h | 12m 46s | $11.9M | $3.2M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$60.2
- Price spread: +0.055% → 0.000%
- $5.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$73.7
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.03 bp | 6.2 bp −$6 | 11.7 bp −$117 | doesn't fit | doesn't fit |
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 | 7,667.4 | −1.255% | $7K | $108 | 52x | as long as short |
| QFEX US500-USDshort | −0.0036% | 1h | 7,769.1 | +0.055% | $11.9M | $3.2M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.6 | +0.049% | $152K | $218K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.1 | +0.081% | $7.2M | $774K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.5 | −0.274% | $17.5M | $9.2M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.2 | +0.043% | $13K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.1 | +0.016% | $2.2M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.9 | +0.039% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.2 | −0.330% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.8 | +0.875% | — | $4.3M | 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 | 7,769 | +0.054% | $584K | $486K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.5 | +0.009% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.9 | +0.040% | $431.7M | $240.7M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.7 | +0.011% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.1 | +0.029% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.1 | +0.055% | $9.5M | $7.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.1 | +0.042% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USDlong | +0.0251% | 1h | 7,764.8 | long leg | $504 | $24K | 10x |
Aftermath Perps US500USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500