Funding you earn now, next payment 09:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h −0.083%
Price spread now: Variational Omni against Aftermath Perps−0.249%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.249% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$25 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 | 7,746.1 | 0.0317 | pay 0.0040% / 1h | 19m 04s | $445 | $30K | 10x |
| Short | Variational Omni US500 | 7,726.8 | 0 | get 0.0000% / 8h | 7h 19m | $17.5M | $8.3M | — |
Aftermath Perps US500USD
Variational Omni US500Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$66.48
- Price spread: −0.249% → 0.000%
- −$24.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$100.4
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago | 1.89 bp | doesn't fit | 2.5 bp −$25 | 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 | −1.069% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0042% | 1h | 7,753 | +0.089% | $9.9M | $3.1M | 30x | as long as short |
| Extended SPX500m-USD | −0.0016% | 1h | 7,755.8 | +0.125% | $3.2M | $11.3M | 25x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,755 | +0.114% | $137K | $234K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,755.7 | +0.124% | $7.2M | $756K | 50x | as long as short |
| Variational Omni US500short | 0.0000% | 8h | 7,726.8 | −0.249% | $17.5M | $8.3M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,752.6 | +0.083% | $14K | $104K | 10x | as long as short |
| tradeXYZ xyz:SP500 | +0.0003% | 1h | 7,753.4 | +0.094% | $427.1M | $238.9M | 50x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,753.3 | +0.093% | $2.0M | $28.3M | 50x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,726.8 | −0.250% | $1.5M | $7.7M | 25x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
Extended SPX500m-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
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 | 7,820.5 | +0.960% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,755.5 | +0.121% | $623K | $508K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,753 | +0.089% | $43K | — | 5x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,752.2 | +0.078% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,753.5 | +0.095% | $1.3M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,754.2 | +0.104% | $9.5M | $8.3M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,756.6 | +0.135% | $258K | $173K | 20x | as long as short |
| Aftermath Perps US500USDlong | +0.0317% | 1h | 7,746.1 | long leg | $445 | $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