Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.015%
Price spread now: Vest against QFEX+0.856%7-day average +0.949% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.048%+$5 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now +0.856%, 7d avg +0.949%
=Together, before fees+0.131%+ Points / potential airdropVest: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.093% cheaper against QFEX than usual: you would sell low and buy high (spread +0.856% now, against its 7-day average of +0.949%). If the spread goes back, that is −$9 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX US500-USD | 7,768 | −0.0043 | get 0.0005% / 1h | 57m 26s | $11.9M | $2.2M | 30x |
| Short | Vest SPX-USD-PERP | 7,834.5 | 0.0046 | get 0.0006% / 1h | 57m 26s | — | $4.3M | 50x |
QFEX US500-USD
Vest SPX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.53
- Price spread: +0.856% → +0.949%
- −$9.33
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$2.8
- Costs to cover
- 0.120%
- Break-even
- 8.1 days
Slippage unknown: QFEX: live order book, 7 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 7 min ago | 1.61 bp | 8.4 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,666.1 | −1.312% | $7K | $104 | 52x | as long as short |
| QFEX US500-USDlong | −0.0043% | 1h | 7,768 | long leg | $11.9M | $2.2M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.021% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,770 | +0.026% | $7.2M | $765K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,743.1 | −0.321% | $17.5M | $9.3M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,767.6 | −0.005% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,766.2 | −0.023% | $1.9M | $27.8M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,768.9 | +0.012% | $3.2M | $13.5M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.9 | −0.375% | $1.6M | $7.5M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,834.5 | +0.856% | — | $4.3M | 50x |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.2 | +0.015% | $624K | $529K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,766.6 | −0.018% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767.2 | −0.010% | $437.1M | $239.0M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.8 | −0.015% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,767.3 | −0.009% | $1.1M | $76K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.9 | −0.001% | $9.5M | $8.1M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,768.8 | +0.010% | $261K | $164K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0321% | 1h | 7,767.3 | −0.009% | $507 | $28K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD