Funding you earn now, next payment 11:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Pacifica against Vest−0.836%7-day average −0.946% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.836%, 7d avg −0.946%
=Together, before fees+0.016%+ Points / potential airdropVest: Active · Pacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.110% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.946%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,835.4 | 0.0046 | pay 0.0006% / 1h | 27m 22s | — | $4.3M | 50x |
| Short | Pacifica SP500 | 7,769.9 | 0.0100 | get 0.0013% / 1h | 27m 22s | $259K | $175K | 20x |
Vest SPX-USD-PERP
Pacifica SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $11.41
- Price spread: −0.836% → −0.946%
- $11.02
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $12.43
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Pacifica: live order book, 19 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 Pacifica live order book, 19 min ago | 1.42 bp | 10.5 bp −$11 | 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 exchanges
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 | 7,658 | −2.264% | $7K | $97 | 52x | as long as short |
| QFEX US500-USD | −0.0051% | 1h | 7,770.4 | −0.829% | $9.9M | $3.4M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.1 | −0.846% | $129K | $241K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,764.1 | −0.910% | $7.2M | $518K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.2 | −1.176% | $17.6M | $6.0M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,768.6 | −0.853% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,767.1 | −0.871% | $2.2M | $29.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,769.6 | −0.839% | $3.3M | $10.1M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,740.7 | −1.208% | $1.4M | $8.2M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,835.4 | long leg | — | $4.3M | 50x |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,771.2 | −0.819% | $625K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.4 | −0.868% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,768.6 | −0.852% | $428.5M | $239.9M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.6 | −0.878% | $9.2M | $5.4M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.8 | −0.850% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.2 | −0.845% | $9.5M | $8.7M | 25x | as long as short |
| Pacifica SP500short | +0.0100% | 1h | 7,769.9 | −0.836% | $259K | $175K | 20x | |
| Aftermath Perps US500USD | +0.0359% | 1h | 7,769.3 | −0.844% | $468 | $28K | 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