Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.010%
Price spread now: Pacifica against Variational Omni+0.315%7-day average +0.256% · 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)+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.315%, 7d avg +0.256%
=Together, before fees−0.021%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.060% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.256%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni US500 | 7,743.7 | 0 | get 0.0000% / 8h | 7h 10m | $17.2M | $8.9M | — |
| Short | Pacifica SP500 | 7,768.1 | 0.0100 | get 0.0013% / 1h | 10m 36s | $261K | $178K | 20x |
Variational Omni US500
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.315% → +0.256%
- $5.97
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $18.97
- Costs to cover
- 0.080%
- Break-even
- 0.7 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Pacifica: live order book, 63 min ago. 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 Variational Omni RFQ quote, 4 min ago | 1.89 bp | doesn't fit | 2.7 bp −$27 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 63 min ago | 2.38 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
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 | 7,664.8 | −1.019% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,768.9 | +0.326% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.5 | +0.295% | $152K | $246K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.3 | +0.370% | $7.2M | $771K | 50x | as long as short |
| Variational Omni US500long | 0.0000% | 8h | 7,743.7 | long leg | $17.2M | $8.9M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,767.6 | +0.309% | $13K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.1 | +0.290% | $2.2M | $29.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.3 | +0.318% | $3.2M | $14.8M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.1 | −0.072% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.3 | +1.144% | — | $3.9M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.9 | +0.326% | $545K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.5 | +0.282% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.8 | +0.312% | $433.8M | $241.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.4 | +0.281% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.8 | +0.299% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,768.1 | +0.316% | $9.5M | $7.1M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,768.1 | +0.315% | $261K | $178K | 20x | |
| Aftermath Perps US500USD | +0.0269% | 1h | 7,765.8 | +0.286% | $559 | $21K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Aftermath Perps US500USD