Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: Vest against Bullet+0.850%7-day average +0.957% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.850%, 7d avg +0.957%
=Together, before fees+0.086%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.106% cheaper against Bullet than usual: you would sell low and buy high (spread +0.850% now, against its 7-day average of +0.957%). If the spread goes back, that is −$11 on $10k: about 7.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet US500-USD | 7,766.7 | 0 | get 0.0000% / 1h | 4m 05s | $13K | $105K | 10x |
| Short | Vest SPX-USD-PERP | 7,832.8 | 0.0046 | get 0.0006% / 1h | 4m 05s | — | $4.3M | 50x |
Bullet US500-USD
Vest SPX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bullet. 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
- $9.59
- Price spread: +0.850% → +0.957%
- −$10.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$11.05
- Costs to cover
- 0.100%
- Break-even
- 15.1 days
Slippage unknown: Bullet: live order book, 50 min ago; Vest: no order-book sample. 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 Bullet live order book, 50 min ago | 0.50 bp | 6.3 bp −$6 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 | 7,665.4 | −1.304% | $7K | $108 | 52x | as long as short |
| QFEX US500-USD | −0.0030% | 1h | 7,766.8 | +0.001% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.8 | +0.027% | $141K | $231K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768.8 | +0.027% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.5 | −0.337% | $17.6M | $9.5M | — | as long as short |
| Bullet US500-USDlong | 0.0000% | 1h | 7,766.7 | long leg | $13K | $105K | 10x | |
| Lighter US500 | +0.0032% | 1h | 7,765.5 | −0.016% | $2.1M | $28.7M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.4 | +0.009% | $3.2M | $14.9M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.3 | −0.366% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,832.8 | +0.850% | — | $4.3M | 50x |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
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 | 7,768.2 | +0.019% | $584K | $486K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.8 | −0.025% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767 | +0.004% | $431.5M | $236.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.8 | −0.012% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.8 | +0.001% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.5 | +0.010% | $9.5M | $7.8M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,766.8 | +0.001% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0222% | 1h | 7,764.9 | −0.023% | $596 | $25K | 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