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

SP500

RWAall SP500 markets
SwapPrice view
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Funding spread now, next payment 18:00 UTC−0.0018%/8h
next payment, per $10,000$0.02paid, last 24h−0.001%paid, last 7 days−0.287%to open and close $10k−$19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SP5007,758.30.0050pay 0.0006% / 1h1m 22s$433.6M$246.9M50x
ShortLighter US5007,756.50.0032get 0.0004% / 1h1m 22s$2.9M$25.1M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$3.78
Slippage, 4 orders
−$0.9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$22.68
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Lighter: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.023%
Avg gap 7d
−0.020%
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 tradeXYZ live order book, 10 min ago0.06 bp9.1 bp −$99.1 bp −$9110.1 bp −$1,009doesn't fit
Sell Lighter live order book, 4 min ago0.39 bp0.4 bp $00.6 bp −$64.2 bp −$416140.5 bp −$70.3K

SP500 on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended SPX500m-USD−0.0312%1h$3.2M$14.2M25xas long as short
Injective US500/USDC PERP−0.0220%1h$7K$56K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$151K$296K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$730K50xas long as short
Bullet US500-USD0.0000%1h$13K$108K10xas long as short
Variational Omni US500+0.0009%8h$17.5M$11.4Mas long as short
QFEX US500-USD+0.0010%1h$11.7M$3.1M30xas long as short
Lighter US500short+0.0032%1h$2.9M$25.1M50x
Markets by Kinetiq mkts:US500+0.0046%1h$1.5M$8.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Popdex US500USDT+0.0048%1h$547K$212K20xas long as short
Paradex US500-USD-PERP+0.0050%8h$43K5xas long as short
tradeXYZ xyz:SP500long+0.0050%1h$433.6M$246.9M50x
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.5M50xas long as short
SoDEX US500-USD+0.0050%1h$1.1M$87K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h$9.6M$6.1M25xas long as short
Pacifica SP500+0.0100%1h$267K$163K20xas long as short
Aftermath Perps US500USD+0.0383%1h$458$16K10xas long as short