Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h −0.025%
Price spread now: Paradex against Variational Omni+0.293%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.293% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni US500 | 7,741.4 | 0 | get 0.0000% / 8h | 6h 44m | $17.2M | $8.8M | — |
| Short | Paradex US500-USD-PERP | 7,764 | 0.0050 | get 0.0050% / 8h | 6h 44m | $43K | — | 5x |
Variational Omni US500
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $10.5
- Price spread: +0.293% → 0.000%
- $29.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $35.76
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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 Variational Omni RFQ quote, 5 min ago | 1.90 bp | doesn't fit | 2.2 bp −$22 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 7,667.2 | −0.958% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,766.6 | +0.326% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.2 | +0.321% | $152K | $234K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.1 | +0.397% | $7.2M | $760K | 50x | as long as short |
| Variational Omni US500long | 0.0000% | 8h | 7,741.4 | long leg | $17.2M | $8.8M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,765.7 | +0.314% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,764.7 | +0.302% | $2.2M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766.7 | +0.327% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.3 | −0.052% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,831.5 | +1.165% | — | $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 | 7,767.5 | +0.338% | $545K | $439K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,764 | +0.293% | $43K | — | 5x | |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.1 | +0.320% | $433.5M | $241.2M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,764.6 | +0.300% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,765.9 | +0.317% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,766.3 | +0.323% | $9.5M | $7.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.1 | +0.333% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0290% | 1h | 7,766 | +0.319% | $515 | $22K | 10x | as long as short |
Popdex US500USDT
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD