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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0265%/8h= +29.1% APRpaid last 24h +0.038%
Price spread now: Aftermath Perps against Variational Omni+0.288%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aftermath Perps is 0.288% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,743.50get 0.0000% / 8h7h 02m$17.2M$8.9M
ShortAftermath Perps US500USD7,765.80.0265get 0.0033% / 1h2m 35s$616$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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
$55.73
Price spread: +0.288% → 0.000%
$28.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$75.51
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago1.90 bpdoesn't fit2.8 bp −$28doesn't fitdoesn'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%1h7,664.8−1.017%$7K$10752xas long as short
QFEX US500-USD−0.0045%1h7,769.4+0.334%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.5+0.297%$152K$235K20xas long as short
Bitget SP500USDT0.0000%8h7,773.1+0.382%$7.2M$772K50xas long as short
Variational Omni US500long0.0000%8h7,743.5long leg$17.2M$8.9M
Bullet US500-USD0.0000%1h7,768.4+0.321%$12K$108K10xas long as short
Lighter US500+0.0032%1h7,766.6+0.298%$2.2M$29.0M50xas long as short
Extended SPX500m-USD+0.0032%1h7,768.4+0.322%$3.2M$15.0M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,738.8−0.061%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,833.1+1.157%$3.9M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769.2+0.332%$545K$439K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765.8+0.288%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,768.7+0.325%$434.7M$241.1M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766.2+0.293%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,767.6+0.311%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,768.3+0.320%$9.5M$7.1M25xas long as short
Pacifica SP500+0.0100%1h7,768.5+0.323%$261K$178K20xas long as short
Aftermath Perps US500USDshort+0.0265%1h7,765.8+0.288%$616$21K10x