Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against Vest−0.843%7-day average −0.949% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.049%−$5 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now −0.843%, 7d avg −0.949%
=Together, before fees−0.139%+ Points / potential airdropVest: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.106% dearer against Vest than usual: you sell high and buy low (spread −0.843% now, against its 7-day average of −0.949%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,827 | 0.0046 | pay 0.0006% / 1h | 3m 54s | — | $4.3M | 50x |
| Short | QFEX US500-USD | 7,761 | −0.0043 | pay 0.0005% / 1h | 3m 54s | $9.9M | $3.1M | 30x |
Vest SPX-USD-PERP
QFEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.53
- Price spread: −0.843% → −0.949%
- $10.58
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$19.95
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 1.67 bp | 6.8 bp −$7 | 13.8 bp −$138 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,663.3 | −2.091% | $7K | $108 | 52x | as long as short |
| QFEX US500-USDshort | −0.0043% | 1h | 7,761 | −0.843% | $9.9M | $3.1M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.4 | −0.774% | $141K | $229K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,763.5 | −0.811% | $7.2M | $767K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,737.1 | −1.149% | $17.5M | $8.4M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,759.3 | −0.865% | $13K | $104K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,758.5 | −0.875% | $2.1M | $28.7M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,761.6 | −0.836% | $3.2M | $12.0M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,733.2 | −1.198% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,827 | long leg | — | $4.3M | 50x |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,762.3 | −0.827% | $624K | $527K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,759 | −0.869% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,759.4 | −0.864% | $435.9M | $233.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,758.7 | −0.873% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,759.2 | −0.866% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,760.8 | −0.846% | $9.5M | $8.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,762 | −0.830% | $259K | $168K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0339% | 1h | 7,759 | −0.869% | $480 | $29K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD