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+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: Vest against Extended+0.838%7-day average +0.971% · 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)+0.026%+$3 on $10k
Price spread, last 7 days+0.029%+$3 · spread now +0.838%, 7d avg +0.971%
Together, before fees+0.055%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.132% cheaper against Extended than usual: you would sell low and buy high (spread +0.838% now, against its 7-day average of +0.971%). If the spread goes back, that is −$13 on $10k: about 32 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPX500m-USD7,766.60.0032pay 0.0004% / 1h10m 08s$3.2M$15.1M25x
ShortVest SPX-USD-PERP7,831.80.0046get 0.0006% / 1h10m 08s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$2.87
Price spread: +0.838% → +0.971%
−$13.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$17.36
Costs to cover
0.070%
Break-even
49.3 days
Slippage unknown: Extended: live order book, 4 min ago; Vest: 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 Extended live order book, 4 min ago0.84 bp6.7 bp −$77.5 bp −$7518.9 bp −$1,891doesn't fit
Sell Vest no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.2−1.306%$7K$10852xas long as short
QFEX US500-USD−0.0029%1h7,766.3−0.004%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,765−0.021%$151K$224K20xas long as short
Bitget SP500USDT0.0000%8h7,771.2+0.059%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.9−0.331%$17.5M$9.4Mas long as short
Bullet US500-USD0.0000%1h7,765.6−0.013%$12K$106K10xas long as short
Lighter US500+0.0032%1h7,764.7−0.025%$2.1M$28.9M50xas long as short
Extended SPX500m-USDlong+0.0032%1h7,766.6long leg$3.2M$15.1M25x
Markets by Kinetiq mkts:US500+0.0046%1h7,738.1−0.367%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,831.8+0.838%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.9+0.016%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.2−0.031%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,766.2−0.006%$431.7M$239.5M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.8−0.024%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.7−0.012%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,766.9+0.003%$9.5M$7.6M25xas long as short
Pacifica SP500+0.0100%1h7,767+0.004%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0226%1h7,764.9−0.023%$526$24K10xas long as short