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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0002%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Popdex+0.824%7-day average +0.931% · 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)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.824%, 7d avg +0.931%
Together, before fees+0.015%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.107% cheaper against Popdex than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.931%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex US500USDT7,767.50.0048pay 0.0006% / 1h38m 13s$584K$487K20x
ShortVest SPX-USD-PERP7,831.50.0046get 0.0006% / 1h38m 13s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Popdex. 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
−$0.49
Price spread: +0.824% → +0.931%
−$10.66
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.54
Costs to cover
0.084%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 16 min ago; 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 Popdex live order book, 16 min ago0.45 bp3.7 bp −$43.7 bp −$377.3 bp −$729doesn't fit
Sell Vest no order-book sample
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%1h7,664.2−1.330%$7K$10552xas long as short
QFEX US500-USD−0.0030%1h7,765.3−0.028%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,769.9+0.031%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770.2+0.035%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.4−0.349%$17.5M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,765.5−0.026%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,764.2−0.042%$2.1M$28.5M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.6−0.012%$3.2M$14.9M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,736.5−0.399%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,831.5+0.824%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDTlong+0.0048%1h7,767.5long leg$584K$487K20x
Paradex US500-USD-PERP+0.0050%8h7,763.8−0.048%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,765.5−0.026%$431.4M$236.4M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.037%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.5−0.026%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.4−0.001%$9.5M$7.7M25xas long as short
Pacifica SP500+0.0100%1h7,766.4−0.014%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0263%1h7,764.9−0.034%$544$25K10xas long as short