Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.001%
Price spread now: Paradex against Vest−0.862%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.862% cheaper against Vest than usual: you would sell low and buy high, −$86 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SPX-USD-PERP7,831.60.0046pay 0.0006% / 1h46m 23s$4.3M50x
ShortParadex US500-USD-PERP7,764.10.0050get 0.0050% / 8h2h 46m$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.91
Price spread: −0.862% → 0.000%
−$86.23
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$91.32
Costs to cover
0.060%
Break-even
711.6 days
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Paradex no order-book sample
Vest and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,664.8−2.130%$7K$10552xas long as short
QFEX US500-USD−0.0033%1h7,766.1−0.837%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.8−0.828%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,769.4−0.795%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.4−1.165%$17.6M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,765.9−0.839%$12K$105K10xas long as short
Lighter US500+0.0032%1h7,764.2−0.861%$2.1M$27.9M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.4−0.833%$3.2M$14.9M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.9−1.197%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERPlong+0.0046%1h7,831.6long leg$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.7−0.816%$584K$486K20xas long as short
Paradex US500-USD-PERPshort+0.0050%8h7,764.1−0.862%$43K5x
tradeXYZ xyz:SP500+0.0050%1h7,765.8−0.841%$431.4M$235.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.856%$9.0M$2.2M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.9−0.839%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,766.9−0.827%$9.5M$7.8M25xas long as short
Pacifica SP500+0.0100%1h7,766.7−0.829%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0244%1h7,764.9−0.852%$470$26K10xas long as short