Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.016%
Price spread now: OKX against Vest−0.798%58s7-day average −0.888% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.798%, 7d avg −0.888%
=Together, before fees+0.316%+ Points / potential airdropVest: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.090% dearer against Vest than usual: you sell high and buy low (spread −0.798% now, against its 7-day average of −0.888%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days. Mind the row above: over the last 3 days funding on this pair paid +0.289%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,833.5 | 0.0046 | pay 0.0006% / 1h | 15m 33s | — | $3.5M | 50x |
| Short | OKX US500-USDT-SWAP | 7,771 | 0 | get 0.0000% / 8h | 15m 33s | $153K | $252K | 20x |
Vest SPX-USD-PERP
OKX US500-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Vest. 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: −0.798% → −0.888%
- $9.01
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.58
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; OKX: live order book, 60 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 Vest no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 60 min ago | 0.06 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
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 | 7,667.5 | −2.119% | $7K | $106 | 52x | as long as short |
| QFEX US500-USD | −0.0038% | 1h | 7,767.6 | −0.841% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAPshort | 0.0000% | 8h | 7,771 | −0.798% | $153K | $252K | 20x | |
| Bitget SP500USDT | 0.0000% | 8h | 7,770.5 | −0.804% | $7.2M | $790K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,744.7 | −1.133% | $17.2M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.4 | −0.844% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.3 | −0.858% | $2.2M | $28.6M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.1 | −0.823% | $3.2M | $13.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.6 | −1.211% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,833.5 | long leg | — | $3.5M | 50x |
Injective US500/USDC PERP
QFEX US500-USD
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.6 | −0.828% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.8 | −0.864% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.7 | −0.840% | $437.2M | $254.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766 | −0.862% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.8 | −0.839% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.9 | −0.837% | $9.5M | $6.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.1 | −0.835% | $258K | $195K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0128% | 1h | 7,765.4 | −0.870% | $612 | $22K | 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
Pacifica SP500
Aftermath Perps US500USD