Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Popdex+0.854%7-day average +0.927% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.854%, 7d avg +0.927%
=Together, before fees+0.046%+ Points / potential airdropVest: 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 0.073% cheaper against Popdex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.927%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex US500USDT | 7,768.3 | 0.0048 | pay 0.0006% / 1h | 49m 24s | $624K | $529K | 20x |
| Short | Vest SPX-USD-PERP | 7,834.6 | 0.0046 | get 0.0006% / 1h | 49m 24s | — | $4.3M | 50x |
Popdex US500USDT
Vest SPX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Popdex. 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
- −$0.49
- Price spread: +0.854% → +0.927%
- −$7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$16.24
- Costs to cover
- 0.084%
- Break-even
- never at this rate
Slippage unknown: Popdex: live order book, 55 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 Popdex live order book, 55 min ago | 0.39 bp | 3.6 bp −$4 | 3.6 bp −$36 | 7.0 bp −$703 | 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 | 7,666.5 | −1.310% | $7K | $105 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,766.3 | −0.026% | $11.9M | $2.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.024% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768.8 | +0.006% | $7.2M | $767K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741.8 | −0.341% | $17.5M | $9.2M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.2 | −0.027% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.2 | −0.027% | $1.9M | $27.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.5 | +0.002% | $3.2M | $13.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.8 | −0.380% | $1.6M | $7.5M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,834.6 | +0.854% | — | $4.3M | 50x |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDTlong | +0.0048% | 1h | 7,768.3 | long leg | $624K | $529K | 20x | |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.6 | −0.022% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.1 | −0.015% | $436.9M | $236.1M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766 | −0.030% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.5 | −0.023% | $1.2M | $102K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.3 | −0.013% | $9.5M | $8.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.7 | +0.006% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0327% | 1h | 7,767.3 | −0.013% | $481 | $28K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD