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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0210%/8h= −23.0% APRnext payment $0.26 per $10,000 · paid last 24h −0.079%
Price spread now: Ondo Perps against Aftermath Perps−0.022%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.022% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps US500USD7,761.20.0261pay 0.0033% / 1h54m 14s$546$30K10x
ShortOndo Perps US500-USD.P7,759.60.0050get 0.0006% / 1h54m 14s$9.5M$8.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$44.2
Price spread: −0.022% → 0.000%
−$2.18
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$60.37
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Ondo Perps: 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 Aftermath Perps no order-book sample
Sell Ondo Perps no order-book sample
Aftermath Perps and Ondo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX US500-USD−0.0052%1h7,758.8−0.031%$9.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,761.9+0.009%$137K$235K20xas long as short
Bitget SP500USDT0.0000%8h7,763.2+0.025%$7.2M$566K50xas long as short
Variational Omni US5000.0000%8h7,738.9−0.287%$17.5M$8.3Mas long as short
Bullet US500-USD0.0000%1h7,758.7−0.033%$13K$104K10xas long as short
tradeXYZ xyz:SP500+0.0032%1h7,758.6−0.034%$426.1M$241.9M50xas long as short
Lighter US500+0.0032%1h7,757.4−0.049%$2.1M$28.4M50xas long as short
Extended SPX500m-USD+0.0032%1h7,760.5−0.009%$3.2M$10.7M25xas long as short
Injective US500/USDC PERP+0.0033%1h7,663.3−1.262%$7K$10052xas long as short
Polymarket Perps SP500-USD+0.0040%1h7,756.6−0.060%$10.0M$3.2M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Markets by Kinetiq mkts:US500+0.0046%1h7,731.6−0.382%$1.5M$7.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,826.4+0.839%$4.3M50xas long as short
Popdex US500USDT+0.0048%1h7,760.6−0.008%$624K$508K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,758.2−0.039%$43K5xas long as short
SoDEX US500-USD+0.0050%1h7,757.9−0.043%$1.4M$191K20xas long as short
Ondo Perps US500-USD.Pshort+0.0050%1h7,759.6−0.022%$9.5M$8.5M25x
Pacifica SP500+0.0100%1h7,760.6−0.008%$259K$172K20xas long as short
Aftermath Perps US500USDlong+0.0261%1h7,761.2long leg$546$30K10x