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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: Vest against Paradex+0.861%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.861% dearer against Paradex than usual: you sell high and buy low, +$86 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex US500-USD-PERP7,757.20.0050pay 0.0050% / 8h7h 59m$43K5x
ShortVest SPX-USD-PERP7,8240.0046get 0.0006% / 1h59m 16s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Paradex. 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
−$0.91
Price spread: +0.861% → 0.000%
$86.11
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Vest: 1 bp × 2 orders
−$2
Net
$79.2
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Vest no order-book sample
Paradex 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 PERP−0.0220%1h7,663.3−1.211%$7K$10452xas long as short
QFEX US500-USD−0.0043%1h7,758.5+0.017%$9.9M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,759.2+0.026%$141K$229K20xas long as short
Bitget SP500USDT0.0000%8h7,760.8+0.046%$7.2M$768K50xas long as short
Variational Omni US5000.0000%8h7,735.8−0.276%$17.5M$8.4Mas long as short
Bullet US500-USD0.0000%1h7,756.8−0.005%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,755.6−0.021%$2.1M$27.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,758.3+0.014%$3.3M$12.0M25xas long as short
tradeXYZ xyz:SP500+0.0046%1h7,756.5−0.009%$434.4M$235.0M50xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,732.7−0.316%$1.6M$7.4M25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPX-USD-PERPshort+0.0046%1h7,824+0.861%$4.3M50x
Popdex US500USDT+0.0048%1h7,759.4+0.028%$624K$527K20xas long as short
Paradex US500-USD-PERPlong+0.0050%8h7,757.2long leg$43K5x
Polymarket Perps SP500-USD+0.0050%1h7,758.4+0.015%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,756.2−0.013%$1.3M$191K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,759.4+0.028%$9.5M$8.3M25xas long as short
Pacifica SP500+0.0100%1h7,760.4+0.041%$259K$168K20xas long as short
Aftermath Perps US500USD+0.0330%1h7,758+0.010%$446$29K10xas long as short