Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Popdex against Vest−0.812%55s7-day average −0.937% · 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)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.812%, 7d avg −0.937%
=Together, before fees−0.052%+ Points / potential airdropVest: Active · farm board−$5 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: Popdex is 0.125% dearer against Vest than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.937%. The two prices were read 55 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 | 7,835 | 0.0046 | pay 0.0006% / 1h | 52m 40s | — | $3.5M | 50x |
| Short | Popdex US500USDT | 7,771.4 | 0.0048 | get 0.0006% / 1h | 52m 40s | $545K | $440K | 20x |
Vest SPX-USD-PERP
Popdex US500USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $0.49
- Price spread: −0.812% → −0.937%
- $12.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $4.63
- Costs to cover
- 0.084%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Popdex: live order book, 21 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 Popdex live order book, 21 min ago | 0.51 bp | 3.7 bp −$4 | 3.7 bp −$37 | 6.7 bp −$666 | 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 | 7,667.9 | −2.133% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0045% | 1h | 7,770 | −0.830% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.1 | −0.854% | $152K | $251K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.3 | −0.800% | $7.2M | $789K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,745.6 | −1.141% | $17.2M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,770.1 | −0.828% | $12K | $108K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,768 | −0.855% | $2.0M | $28.3M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,770.8 | −0.819% | $3.2M | $13.4M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739 | −1.225% | $1.6M | $7.1M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,835 | long leg | — | $3.5M | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDTshort | +0.0048% | 1h | 7,771.4 | −0.812% | $545K | $440K | 20x | |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.6 | −0.860% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769.9 | −0.831% | $436.4M | $245.8M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,767.6 | −0.860% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,769.5 | −0.836% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.6 | −0.835% | $9.5M | $6.9M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,770 | −0.830% | $258K | $195K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0151% | 1h | 7,766.2 | −0.878% | $535 | $21K | 10x | as long as short |
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD