Funding you earn now, next payment 09:00 UTC−0.0334%/8h= −36.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.094%
Price spread now: Bullet against Aftermath Perps−0.024%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bullet is 0.024% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps US500USD | 7,749.1 | 0.0334 | pay 0.0042% / 1h | 36m 28s | $446 | $30K | 10x |
| Short | Bullet US500-USD | 7,747.2 | 0 | get 0.0000% / 1h | 36m 28s | $14K | $105K | 10x |
Aftermath Perps US500USD
Bullet US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Aftermath Perps. 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
- −$70.12
- Price spread: −0.024% → 0.000%
- −$2.39
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$89.51
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bullet: live order book, 62 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 62 min ago | 0.50 bp | 6.3 bp −$6 | 20.6 bp −$206 | doesn't fit | doesn't fit |
Aftermath Perps: 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 | 7,663.3 | −1.107% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0042% | 1h | 7,746.3 | −0.036% | $9.9M | $3.1M | 30x | as long as short |
| Extended SPX500m-USD | −0.0032% | 1h | 7,748.6 | −0.006% | $3.3M | $11.3M | 25x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,749.4 | +0.004% | $141K | $229K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,751.6 | +0.032% | $7.2M | $768K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,725.4 | −0.306% | $17.5M | $8.3M | — | as long as short |
| Bullet US500-USDshort | 0.0000% | 1h | 7,747.2 | −0.024% | $14K | $105K | 10x | |
| tradeXYZ xyz:SP500 | +0.0005% | 1h | 7,746.1 | −0.039% | $428.6M | $236.8M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,746.3 | −0.036% | $2.0M | $28.1M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,719 | −0.388% | $1.6M | $7.4M | 25x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Extended SPX500m-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
tradeXYZ xyz:SP500
Lighter US500
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,814.5 | +0.844% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,750.2 | +0.014% | $623K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,746 | −0.040% | $42K | — | 5x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,747.7 | −0.018% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,746.9 | −0.028% | $1.3M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,747.4 | −0.022% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,749 | −0.001% | $258K | $173K | 20x | as long as short |
| Aftermath Perps US500USDlong | +0.0334% | 1h | 7,749.1 | long leg | $446 | $30K | 10x |
Vest SPX-USD-PERP
Popdex US500USDT
Paradex US500-USD-PERP
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500