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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0335%/8h= +36.6% APRpaid last 24h +0.054%
Price spread now: Aftermath Perps against Variational Omni+0.284%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aftermath Perps is 0.284% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,735.80get 0.0000% / 8h7h 57m$17.5M$8.4M
ShortAftermath Perps US500USD7,757.70.0335get 0.0042% / 1h57m 17s$446$29K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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
$70.27
Price spread: +0.284% → 0.000%
$28.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$89.63
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aftermath Perps: 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 Variational Omni RFQ quote, 2 min ago1.89 bpdoesn't fit2.1 bp −$21doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,663.3−0.937%$7K$10452xas long as short
QFEX US500-USD−0.0042%1h7,756.6+0.269%$9.9M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,760.1+0.314%$141K$228K20xas long as short
Bitget SP500USDT0.0000%8h7,762.2+0.341%$7.2M$768K50xas long as short
Variational Omni US500long0.0000%8h7,735.8long leg$17.5M$8.4M
Bullet US500-USD0.0000%1h7,756.4+0.266%$13K$104K10xas long as short
Lighter US500+0.0032%1h7,755.8+0.258%$2.1M$27.9M50xas long as short
Extended SPX500m-USD+0.0032%1h7,758.4+0.292%$3.3M$11.9M25xas long as short
tradeXYZ xyz:SP500+0.0033%1h7,756.6+0.269%$434.1M$235.3M50xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,729.8−0.078%$1.6M$7.4M25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPX-USD-PERP+0.0046%1h7,824.3+1.143%$4.3M50xas long as short
Popdex US500USDT+0.0048%1h7,758.7+0.296%$624K$527K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,755.5+0.255%$43K5xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,757.9+0.286%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,756.2+0.264%$1.3M$191K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,757.3+0.277%$9.5M$8.3M25xas long as short
Pacifica SP500+0.0100%1h7,757.9+0.286%$259K$168K20xas long as short
Aftermath Perps US500USDshort+0.0335%1h7,757.7+0.284%$446$29K10x