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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.015%
Price spread now: Vest against QFEX+0.841%7-day average +0.950% · 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)+0.047%+$5 on $10k
Price spread, last 7 days+0.096%+$10 · spread now +0.841%, 7d avg +0.950%
Together, before fees+0.143%+ Points / potential airdropVest: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.109% cheaper against QFEX than usual: you would sell low and buy high (spread +0.841% now, against its 7-day average of +0.950%). If the spread goes back, that is −$11 on $10k: about 4.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX US500-USD7,771.5−0.0033get 0.0004% / 1h1m 16s$11.9M$3.2M30x
ShortVest SPX-USD-PERP7,836.90.0046get 0.0006% / 1h1m 16s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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
$16.58
Price spread: +0.841% → +0.950%
−$10.86
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$6.27
Costs to cover
0.120%
Break-even
9.6 days
Slippage unknown: QFEX: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 8 min ago0.96 bp6.0 bp −$610.1 bp −$101doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.8−1.360%$7K$10852xas long as short
QFEX US500-USDlong−0.0033%1h7,771.5long leg$11.9M$3.2M30x
OKX US500-USDT-SWAP0.0000%8h7,769.7−0.023%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770.1−0.018%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,744.2−0.351%$17.5M$9.6Mas long as short
Bullet US500-USD0.0000%1h7,770.7−0.010%$13K$104K10xas long as short
Lighter US500+0.0032%1h7,769.3−0.028%$2.0M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,771.6+0.002%$3.2M$14.7M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,740.5−0.399%$1.6M$7.2M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,836.9+0.841%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,772.8+0.017%$625K$528K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,769.3−0.028%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,770.9−0.008%$431.9M$234.3M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,769−0.032%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,770.9−0.008%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,771.3−0.002%$9.5M$7.9M25xas long as short
Pacifica SP500+0.0100%1h7,770.8−0.010%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0216%1h7,768.1−0.044%$545$27K10xas long as short