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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Extended against Vest−0.828%7-day average −0.970% · you buy dearer than you sell
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)−0.025%−$3 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.828%, 7d avg −0.970%
Together, before fees−0.022%+ Points / potential airdropVest: Active · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.142% dearer against Vest than usual: you sell high and buy low (spread −0.828% now, against its 7-day average of −0.970%): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SPX-USD-PERP7,829.90.0046pay 0.0006% / 1h36m 59s$4.1M50x
ShortExtended SPX500m-USD7,765.10.0032get 0.0004% / 1h36m 59s$3.2M$15.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Vest. 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
−$2.87
Price spread: −0.828% → −0.970%
$14.23
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$4.36
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Extended: live order book, 2 min ago. 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 Vest no order-book sample
Sell Extended live order book, 2 min ago1.10 bp5.7 bp −$67.5 bp −$7518.7 bp −$1,871doesn't fit
Vest: 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%1h7,664.3−2.115%$7K$10652xas long as short
QFEX US500-USD−0.0031%1h7,764.2−0.839%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.2−0.813%$152K$234K20xas long as short
Bitget SP500USDT0.0000%8h7,772.4−0.734%$7.2M$754K50xas long as short
Variational Omni US5000.0000%8h7,740.6−1.141%$17.2M$8.8Mas long as short
Bullet US500-USD0.0000%1h7,764−0.841%$12K$108K10xas long as short
Lighter US500+0.0032%1h7,762.5−0.861%$2.2M$28.5M50xas long as short
Extended SPX500m-USDshort+0.0032%1h7,765.1−0.828%$3.2M$15.8M25x
Markets by Kinetiq mkts:US500+0.0046%1h7,737.1−1.185%$1.6M$7.0M25xas long as short
Vest SPX-USD-PERPlong+0.0046%1h7,829.9long leg$4.1M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,763.2−0.852%$544K$439K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,763−0.854%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,763.9−0.843%$432.9M$241.0M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,763−0.854%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,763.9−0.843%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,765.4−0.824%$9.5M$7.2M25xas long as short
Pacifica SP500+0.0100%1h7,766.3−0.812%$261K$178K20xas long as short
Aftermath Perps US500USD+0.0321%1h7,765.7−0.820%$564$22K10xas long as short