Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Vest−0.855%7-day average −0.949% · 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)−0.004%$0 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now −0.855%, 7d avg −0.949%
=Together, before fees−0.094%+ Points / potential airdropVest: Active · tradeXYZ: Active · farm board−$9 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: tradeXYZ is 0.094% dearer against Vest than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.949%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,833.4 | 0.0046 | pay 0.0006% / 1h | 33m 02s | — | $4.3M | 50x |
| Short | tradeXYZ xyz:SP500 | 7,766.4 | 0.0050 | get 0.0006% / 1h | 33m 02s | $436.6M | $233.6M | 50x |
Vest SPX-USD-PERP
tradeXYZ xyz:SP500Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: −0.855% → −0.949%
- $9.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.72
- Costs to cover
- 0.200%
- Break-even
- 82.0 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 9.8 bp −$977 | 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 | 7,666.6 | −2.129% | $7K | $107 | 52x | as long as short |
| QFEX US500-USD | −0.0043% | 1h | 7,767 | −0.847% | $11.9M | $2.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.855% | $141K | $230K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768 | −0.835% | $7.2M | $767K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,742.3 | −1.162% | $17.5M | $8.9M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.3 | −0.857% | $12K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.1 | −0.872% | $1.9M | $28.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.8 | −0.837% | $3.2M | $12.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.6 | −1.210% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,833.4 | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.1 | −0.833% | $625K | $527K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.6 | −0.865% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500short | +0.0050% | 1h | 7,766.4 | −0.855% | $436.6M | $233.6M | 50x | |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.2 | −0.858% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766 | −0.860% | $1.3M | $164K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,766.7 | −0.851% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.7 | −0.839% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0333% | 1h | 7,767.3 | −0.844% | $480 | $29K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD