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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0183%/8h= −20.0% APRnext payment $0.23 per $10,000 · paid last 24h −0.068%
Price spread now: tradeXYZ against Aftermath Perps+0.030%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.030% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps US500USD7,764.80.0233pay 0.0029% / 1h33m 26s$571$24K10x
ShorttradeXYZ xyz:SP5007,767.10.0050get 0.0006% / 1h33m 26s$431.9M$239.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$38.36
Price spread: +0.030% → 0.000%
$2.95
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$62.41
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell tradeXYZ live order book, 7 min ago0.06 bp9.1 bp −$99.1 bp −$9110.3 bp −$1,029doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.5−1.279%$7K$10752xas long as short
QFEX US500-USD−0.0029%1h7,768.8+0.051%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.6+0.023%$152K$216K20xas long as short
Bitget SP500USDT0.0000%8h7,770.3+0.071%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,741.8−0.296%$17.5M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,767.1+0.030%$13K$106K10xas long as short
Lighter US500+0.0032%1h7,765.3+0.006%$2.1M$28.4M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.2+0.030%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.8−0.348%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832+0.865%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.7+0.050%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.9+0.001%$43K5xas long as short
tradeXYZ xyz:SP500short+0.0050%1h7,767.1+0.030%$431.9M$239.6M50x
Polymarket Perps SP500-USD+0.0050%1h7,765.5+0.009%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.7+0.024%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.8+0.038%$9.5M$7.6M25xas long as short
Pacifica SP500+0.0100%1h7,767.7+0.037%$261K$177K20xas long as short
Aftermath Perps US500USDlong+0.0233%1h7,764.8long leg$571$24K10x