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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0286%/8h= +31.3% APRnext payment +$0.36 per $10,000 · paid last 24h +0.072%
Price spread now: Aftermath Perps against Markets by Kinetiq+0.380%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aftermath Perps is 0.380% dearer against Markets by Kinetiq than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,738.70.0046pay 0.0006% / 1h24m 02s$1.6M$7.5M25x
ShortAftermath Perps US500USD7,768.10.0332get 0.0041% / 1h24m 02s$530$28K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Markets by Kinetiq. 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
$60.05
Price spread: +0.380% → 0.000%
$37.97
Slippage, 4 orders
no order book: not counted
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$87.4
Costs to cover
0.106%
Break-even
from the start
Slippage unknown: Markets by Kinetiq: live order book, 3 min ago; Aftermath 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 Markets by Kinetiq live order book, 3 min ago0.06 bp0.9 bp −$1doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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%1h7,664.6−0.958%$7K$10752xas long as short
QFEX US500-USD−0.0039%1h7,768.4+0.384%$11.9M$2.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,765.6+0.348%$141K$232K20xas long as short
Bitget SP500USDT0.0000%8h7,769.7+0.401%$7.2M$773K50xas long as short
Variational Omni US5000.0000%8h7,742.2+0.045%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,768.2+0.381%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,767.6+0.373%$2.0M$28.5M50xas long as short
Extended SPX500m-USD+0.0032%1h7,770.3+0.409%$3.2M$14.3M25xas long as short
Markets by Kinetiq mkts:US500long+0.0046%1h7,738.7long leg$1.6M$7.5M25x
Vest SPX-USD-PERP+0.0046%1h7,835.5+1.251%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769.6+0.399%$625K$528K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,767.4+0.371%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,768.5+0.385%$432.0M$234.2M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766+0.353%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,768.3+0.382%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,769.5+0.398%$9.5M$8.0M25xas long as short
Pacifica SP500+0.0100%1h7,768.2+0.381%$261K$174K20xas long as short
Aftermath Perps US500USDshort+0.0332%1h7,768.1+0.380%$530$28K10x