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

SP500

RWAall SP500 markets
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Funding spread now, next payment 16:00 UTC−0.0081%/8h
paid, last 24h−0.014%paid, last 3 days+0.013%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,7050.0131pay 0.0131% / 8h25m 09s$17.4M$11.2M
ShortSoDEX US500-USD7,726.50.0050get 0.0006% / 1h25m 09s$1.0M$46K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$16.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$24.99
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; SoDEX: live order book, just now. Net counts fees only.

Price risk

price view
Price gap now
+0.279%
Avg gap 7d
+0.240%
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, just now1.89 bpdoesn't fit2.9 bp −$299.8 bp −$982doesn't fit
Sell SoDEX live order book, just now1.10 bp17.7 bp −$1847.2 bp −$472doesn't fitdoesn't fit

SP500 on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h$6K$125K52xas long as short
OKX US500-USDT-SWAP0.0000%8h$150K$286K20xas long as short
Bitget SP500USDT0.0000%8h$7.2M$721K50xas long as short
Bullet US500-USD0.0000%1h$13K$108K10xas long as short
QFEX US500-USD+0.0015%1h$11.7M$3.0M30xas long as short
Lighter US500+0.0032%1h$3.5M$19.8M50xas long as short
Extended SPX500m-USD+0.0032%1h$3.4M$13.3M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h$1.8M$7.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h$3.2M50xas long as short
Popdex US500USDT+0.0048%1h$565K$192K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex US500-USD-PERP+0.0050%8h$42K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h$430.5M$221.1M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h$7.6M$1.7M50xas long as short
SoDEX US500-USDshort+0.0050%1h$1.0M$46K20x
Ondo Perps US500-USD.P+0.0050%1h$9.6M$5.5M25xas long as short
Pacifica SP500+0.0100%1h$268K$126K20xas long as short
Variational Omni US500long+0.0131%8h$17.4M$11.2M
Aftermath Perps US500USD+0.0403%1h$547$13K10xas long as short