Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against Vest−0.858%7-day average −0.956% · 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)−0.005%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.858%, 7d avg −0.956%
=Together, before fees−0.036%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.098% dearer against Vest than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.956%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,832.4 | 0.0046 | pay 0.0006% / 1h | 3m 42s | — | $3.5M | 50x |
| Short | Polymarket Perps SP500-USD | 7,765.2 | 0.0050 | get 0.0006% / 1h | 3m 42s | $7.6M | $955K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0.91
- Price spread: −0.858% → −0.956%
- $9.84
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $0.75
- Costs to cover
- 0.100%
- Break-even
- 1.2 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 0.06 bp | 4.2 bp −$4 | 5.3 bp −$53 | 6.0 bp −$602 | 11.8 bp −$5,894 |
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 | 7,664.4 | −2.145% | $7K | $106 | 52x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,765 | −0.860% | $153K | $293K | 20x | as long as short |
| QFEX US500-USD | 0.0000% | 1h | 7,767.5 | −0.828% | $11.8M | $3.1M | 30x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,767.4 | −0.830% | $7.2M | $784K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,741.5 | −1.160% | $17.4M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.5 | −0.829% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.7 | −0.851% | $2.1M | $29.0M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.6 | −0.814% | $3.2M | $14.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.9 | −1.206% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,832.4 | long leg | — | $3.5M | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.1 | −0.808% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.4 | −0.855% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.6 | −0.827% | $436.2M | $256.4M | 50x | as long as short |
| Polymarket Perps SP500-USDshort | +0.0050% | 1h | 7,765.2 | −0.858% | $7.6M | $955K | 50x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,767 | −0.835% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767 | −0.834% | $9.5M | $6.7M | 25x | as long as short |
| Aftermath Perps US500USD | +0.0093% | 1h | 7,763.1 | −0.885% | $458 | $21K | 10x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.6 | −0.828% | $258K | $195K | 20x | as long as short |
Polymarket Perps SP500-USD
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
SoDEX US500-USD
Aftermath Perps US500USD
Pacifica SP500