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

SP500

RWAall SP500 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.005%
Price spread now: Variational Omni against Markets by Kinetiq+0.068%7-day average +0.073% · 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 4 days (all we have)−0.050%−$5 on $10k
Price spread, last 7 days+0.009%+$1 · spread now +0.068%, 7d avg +0.073%
Together, before fees−0.041%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,719.80.0046pay 0.0006% / 1h34m 02s$1.6M$7.5M25x
ShortVariational Omni US5007,725.10get 0.0000% / 8h7h 34m$17.5M$8.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$9.59
Price spread: +0.068% → +0.073%
−$0.47
Slippage, 4 orders
no order book: not counted
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.68
Costs to cover
0.016%
Break-even
never at this rate
Slippage unknown: Markets by Kinetiq: live order book, 2 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Markets by Kinetiq live order book, 2 min ago0.39 bp2.5 bp −$2doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago1.90 bpdoesn't fit2.3 bp −$23doesn't fitdoesn't fit

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%1h7,663.3−0.732%$7K$10452xas long as short
Extended SPX500m-USD−0.0048%1h7,749+0.379%$3.3M$11.3M25xas long as short
QFEX US500-USD−0.0042%1h7,746.6+0.347%$9.9M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,753.2+0.433%$141K$229K20xas long as short
Bitget SP500USDT0.0000%8h7,751.8+0.415%$7.2M$768K50xas long as short
Variational Omni US500short0.0000%8h7,725.1+0.068%$17.5M$8.3M
Bullet US500-USD0.0000%1h7,746.6+0.347%$13K$105K10xas long as short
tradeXYZ xyz:SP500+0.0001%1h7,746.6+0.347%$428.6M$237.4M50xas long as short
Lighter US500+0.0032%1h7,748.2+0.368%$2.0M$28.1M50xas long as short
Markets by Kinetiq mkts:US500long+0.0046%1h7,719.8long leg$1.6M$7.5M25x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPX-USD-PERP+0.0046%1h7,815.5+1.240%$4.3M50xas long as short
Popdex US500USDT+0.0048%1h7,750.5+0.398%$623K$508K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,747.3+0.357%$42K5xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,749.2+0.381%$9.0M$2.2M50xas long as short
SoDEX US500-USD+0.0050%1h7,748+0.365%$1.3M$191K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,748.4+0.371%$9.5M$8.3M25xas long as short
Pacifica SP500+0.0100%1h7,750.1+0.393%$258K$173K20xas long as short
Aftermath Perps US500USD+0.0322%1h7,747.9+0.364%$473$30K10xas long as short