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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0266%/8h= +29.1% APRnext payment +$0.33 per $10,000 · paid last 24h +0.080%
Price spread now: Vest against Injective+2.189%50s7-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 airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Vest is 2.189% dearer against Injective than usual: you sell high and buy low: +$219 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective US500/USDC PERP7,667.9−0.0220get 0.0028% / 1h45m 42s$7K$10452x
ShortVest SPX-USD-PERP7,835.80.0046get 0.0006% / 1h45m 42s$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$55.79
Price spread: +2.189% → 0.000%
$218.9
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$272.67
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Vest no order-book sample
Injective and 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 PERPlong−0.0220%1h7,667.9long leg$7K$10452x
QFEX US500-USD−0.0045%1h7,772.7+1.367%$11.8M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,772+1.358%$152K$248K20xas long as short
Bitget SP500USDT0.0000%8h7,772.3+1.362%$7.2M$789K50xas long as short
Variational Omni US5000.0000%8h7,746.6+1.027%$17.2M$8.9Mas long as short
Bullet US500-USD0.0000%1h7,771+1.344%$13K$108K10xas long as short
Lighter US500+0.0032%1h7,769+1.318%$2.2M$28.6M50xas long as short
Extended SPX500m-USD+0.0032%1h7,771.4+1.350%$3.2M$13.7M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,741.9+0.965%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,835.8+2.189%$3.6M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,773+1.371%$545K$440K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,768.6+1.314%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,771.1+1.346%$436.4M$246.9M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,768.6+1.313%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,770.2+1.334%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,770.2+1.334%$9.5M$7.0M25xas long as short
Pacifica SP500+0.0100%1h7,770.9+1.343%$258K$175K20xas long as short
Aftermath Perps US500USD+0.0160%1h7,767.5+1.299%$459$21K10xas long as short