Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: Vest against Bullet+0.840%7-day average +0.964% · 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)+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)+0.065%+$6 · spread now +0.840%, 7d avg +0.964%
=Together, before fees+0.108%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.124% cheaper against Bullet than usual: you would sell low and buy high (spread +0.840% now, against its 7-day average of +0.964%). If the spread goes back, that is −$12 on $10k: about 9.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US500-USD | 7,769 | 0 | get 0.0000% / 1h | 45m 22s | $12K | $106K | 10x |
| Short | Vest SPX-USD-PERP | 7,834.3 | 0.0046 | get 0.0006% / 1h | 45m 22s | — | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bullet. 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
- $9.59
- Price spread: +0.840% → +0.964%
- −$12.41
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$12.81
- Costs to cover
- 0.100%
- Break-even
- 16.4 days
Slippage unknown: Bullet: live order book, 33 min ago; Vest: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bullet live order book, 33 min ago | 0.50 bp | 6.3 bp −$6 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | 7,666.6 | −1.318% | $7K | $103 | 52x | as long as short |
| QFEX US500-USD | −0.0038% | 1h | 7,768.5 | −0.006% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.5 | +0.007% | $153K | $252K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.5 | +0.032% | $7.2M | $790K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.4 | −0.329% | $17.2M | $9.2M | — | as long as short |
| Bullet US500-USDlong | 0.0000% | 1h | 7,769 | long leg | $12K | $106K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,767.4 | −0.020% | $2.2M | $28.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.7 | +0.009% | $3.2M | $13.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.1 | −0.385% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,834.3 | +0.840% | — | $3.5M | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,770.6 | +0.021% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.1 | −0.024% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769 | 0.000% | $436.3M | $255.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,767 | −0.025% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.6 | −0.005% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.2 | +0.003% | $9.5M | $6.7M | 25x | as long as short |
| Aftermath Perps US500USD | +0.0051% | 1h | 7,764.2 | −0.061% | $553 | $22K | 10x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,769.7 | +0.009% | $258K | $195K | 20x | as long as short |
Bullet US500-USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Aftermath Perps US500USD
Pacifica SP500