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

SP500

RWAall SP500 markets
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Funding spread now, next payment 18:00 UTC+0.0085%/8h
paid, last 24h−0.010%paid, last 3 days+0.206%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,731.90.0015pay 0.0015% / 8h6h 07m$17.5M$11.5M
ShortPacifica SP5007,759.50.0100get 0.0013% / 1h7m 12s$267K$163K20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$17.91
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$9.91
Break-even
3.1 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: live order book, 32 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.357%
Avg gap 7d
+0.250%
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 ago1.89 bpdoesn't fit2.2 bp −$228.7 bp −$874doesn't fit
Sell Pacifica live order book, 32 min ago1.22 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit

SP500 on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended SPX500m-USD−0.0352%1h$3.1M$14.1M25xas 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$731K50xas long as short
Bullet US500-USD0.0000%1h$13K$109K10xas long as short
QFEX US500-USD+0.0010%1h$11.7M$3.1M30xas long as short
Variational Omni US500long+0.0015%8h$17.5M$11.5M
Lighter US500+0.0032%1h$2.9M$25.0M50xas long as short
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$211K20xas long as short
Paradex US500-USD-PERP+0.0050%8h$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$434.6M$245.0M50xas 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
Pacifica SP500short+0.0100%1h$267K$163K20x
Aftermath Perps US500USD+0.0368%1h$491$16K10xas long as short