Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.026%
Price spread now: Vest against Variational Omni+1.151%7-day average +1.106% · 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)+0.005%+$1 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +1.151%, 7d avg +1.106%
=Together, before fees−0.154%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.045% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +1.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni US500 | 7,743.5 | 0 | get 0.0000% / 8h | 5h 09m | $17.5M | $9.2M | — |
| Short | Vest SPX-USD-PERP | 7,832.6 | 0.0046 | get 0.0006% / 1h | 9m 06s | — | $4.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: +1.151% → +1.106%
- $4.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $12.05
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago | 1.89 bp | doesn't fit | 2.1 bp −$21 | doesn't fit | 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 | 7,667.4 | −0.983% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0036% | 1h | 7,769.1 | +0.330% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767.5 | +0.309% | $152K | $218K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.1 | +0.356% | $7.2M | $774K | 50x | as long as short |
| Variational Omni US500long | 0.0000% | 8h | 7,743.5 | long leg | $17.5M | $9.2M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,767.9 | +0.315% | $13K | $107K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766 | +0.290% | $2.2M | $28.4M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.9 | +0.315% | $3.2M | $15.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.2 | −0.056% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,832.6 | +1.151% | — | $4.3M | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.5 | +0.335% | $584K | $486K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.6 | +0.285% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768 | +0.316% | $431.6M | $240.5M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.8 | +0.287% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.2 | +0.306% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.4 | +0.334% | $9.5M | $7.5M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.1 | +0.318% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0242% | 1h | 7,764.8 | +0.274% | $542 | $24K | 10x | as long as short |
Variational Omni US500
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Pacifica SP500
Aftermath Perps US500USD