data as of
Settings8H · net · $10k
Funding arb /

SP500

RWAall SP500 markets
SwapPrice view
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Funding spread now, next payment 15:00 UTC−0.0050%/8h
paid, last 24h+0.057%paid, last 7 days+0.749%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,719.90.0050pay 0.0006% / 1h21m 59s$9.6M$5.1M25x
ShortOKX US500-USDT-SWAP7,722.10get 0.0000% / 8h1h 21m$150K$269K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$25.58
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 30 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.028%
Avg gap 7d
+0.076%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell OKX live order book, 30 min ago1.82 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit
Ondo 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$7K$125K52xas long as short
OKX US500-USDT-SWAPshort0.0000%8h$150K$269K20x
Bitget SP500USDT0.0000%8h$7.3M$600K50xas long as short
Bullet US500-USD0.0000%1h$13K$107K10xas long as short
QFEX US500-USD+0.0008%1h$11.7M$3.0M30xas long as short
Lighter US500+0.0032%1h$5.0M$16.7M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.3M$13.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.8M$6.6M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$1.8M50xas long as short
Popdex US500USDT+0.0048%1h$570K$185K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERP+0.0050%8h$42K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$433.7M$204.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.6M50xas long as short
SoDEX US500-USD+0.0050%1h$1.0M$46K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h$9.6M$5.1M25x
Pacifica SP500+0.0100%1h$268K$101K20xas long as short
Variational Omni US500+0.0144%8h$17.5M$11.9Mas long as short
Aftermath Perps US500USD+0.0376%1h$457$12K10xas long as short