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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.068%
Price spread now: Aftermath Perps against tradeXYZ−0.030%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.030% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SP5007,767.10.0050pay 0.0006% / 1h33m 08s$431.9M$239.6M50x
ShortAftermath Perps US500USD7,764.80.0233get 0.0029% / 1h33m 08s$571$24K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against tradeXYZ. 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
$38.36
Price spread: −0.030% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$8.41
Costs to cover
0.270%
Break-even
5.5 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Aftermath Perps: 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 tradeXYZ live order book, 7 min ago0.06 bp9.1 bp −$99.3 bp −$9310.1 bp −$1,006doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.5−1.308%$7K$10752xas long as short
QFEX US500-USD−0.0029%1h7,768.8+0.022%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.6−0.006%$152K$216K20xas long as short
Bitget SP500USDT0.0000%8h7,770.3+0.041%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,741.8−0.326%$17.5M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,767.10.000%$13K$106K10xas long as short
Lighter US500+0.0032%1h7,765.3−0.023%$2.1M$28.4M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.2+0.001%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.8−0.377%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832+0.836%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.7+0.021%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.9−0.028%$43K5xas long as short
tradeXYZ xyz:SP500long+0.0050%1h7,767.1long leg$431.9M$239.6M50x
Polymarket Perps SP500-USD+0.0050%1h7,765.5−0.021%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.7−0.005%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.8+0.008%$9.5M$7.6M25xas long as short
Pacifica SP500+0.0100%1h7,767.7+0.008%$261K$177K20xas long as short
Aftermath Perps US500USDshort+0.0233%1h7,764.8−0.030%$571$24K10x