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

SP500

RWAall SP500 markets
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Alert
Funding spread now, next payment 18:00 UTC−0.0053%/8h
paid, last 24h−0.037%paid, last 3 days−0.035%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,727.40.0085pay 0.0085% / 8h6h 48m$17.5M$11.4M
ShortExtended SPX500m-USD7,756.30.0032get 0.0004% / 1h48m 02s$3.3M$13.5M25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$11.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.15
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.374%
Avg gap 7d
+0.126%
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 Variational Omni RFQ quote, 3 min ago1.90 bpdoesn't fit2.4 bp −$249.6 bp −$962doesn't fit
Sell Extended live order book, 2 min ago0.19 bp2.7 bp −$35.3 bp −$5318.7 bp −$1,865doesn't fit

SP500 on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$7K$56K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$151K$292K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$748K50xas long as short
Bullet US500-USD0.0000%1h$14K$109K10xas long as short
QFEX US500-USD+0.0010%1h$11.7M$2.9M30xas long as short
Lighter US500+0.0032%1h$3.0M$23.6M50xas long as short
Extended SPX500m-USDshort+0.0032%1h$3.3M$13.5M25x
Markets by Kinetiq mkts:US500+0.0046%1h$1.6M$7.8M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.5M50xas long as short
Popdex US500USDT+0.0048%1h$547K$211K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERP+0.0050%8h$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$432.8M$235.2M50xas long as short
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$6.2M25xas long as short
Variational Omni US500long+0.0085%8h$17.5M$11.4M
Pacifica SP500+0.0100%1h$267K$163K20xas long as short
Aftermath Perps US500USD+0.0311%1h$458$15K10xas long as short