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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.844%7-day average +0.943% · you sell dearer than you buy
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 3 days (all we have)−0.004%$0 on $10k
Price spread, last 7 days+0.053%+$5 · spread now +0.844%, 7d avg +0.943%
Together, before fees+0.048%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.099% cheaper against Ondo Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.943%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,767.90.0050pay 0.0006% / 1h15m 52s$9.5M$6.9M25x
ShortVest SPX-USD-PERP7,833.50.0046get 0.0006% / 1h15m 52s$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Ondo 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
−$0.99
Price spread: +0.844% → +0.943%
−$9.89
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$17.88
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,667.5−1.293%$7K$10652xas long as short
QFEX US500-USD−0.0038%1h7,767.6−0.004%$11.8M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,771+0.040%$153K$252K20xas long as short
Bitget SP500USDT0.0000%8h7,769.9+0.025%$7.2M$790K50xas long as short
Variational Omni US5000.0000%8h7,744.7−0.299%$17.2M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.4−0.007%$12K$106K10xas long as short
Lighter US500+0.0032%1h7,766.3−0.021%$2.2M$28.6M50xas long as short
Extended SPX500m-USD+0.0032%1h7,769+0.014%$3.2M$13.5M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739−0.372%$1.6M$7.3M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,833.5+0.844%$3.5M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769.2+0.016%$545K$440K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,766.5−0.018%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,767.7−0.003%$437.1M$254.2M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766−0.025%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,767.8−0.002%$1.1M$85K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h7,767.9long leg$9.5M$6.9M25x
Pacifica SP500+0.0100%1h7,768.2+0.003%$258K$195K20xas long as short
Aftermath Perps US500USD+0.0128%1h7,765.4−0.033%$612$22K10xas long as short