After costs, if the gap returns to its 7d average, $10k−$19
spread now−0.034%7d average+0.013%fees + slippage, in and out−$15spread needed0.147%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX500m-USD | 7,763.3 | −0.0176 | get 0.0022% / 1h | 47m 27s | $3.2M | $14.3M | 25x |
| Short | Polymarket Perps SP500-USD | 7,760.7 | 0.0050 | get 0.0006% / 1h | 47m 27s | $7.6M | $1.5M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.39
- Funding while held
- $6.78
- Slippage, 4 orders
- −$1.66
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.27
- Spread needed to break even
- 0.147%
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0226%
- Per $10,000 a day
- +$6.78
- Average in range /8h
- —
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 Extended live order book, 3 min ago | 0.45 bp | 3.0 bp −$3 | 3.0 bp −$30 | 16.1 bp −$1,614 | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 0.06 bp | 4.2 bp −$4 | 4.2 bp −$42 | 4.9 bp −$488 | 11.6 bp −$5,792 |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.SP500 on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −10.374% | −0.0220% | 1h | $6K | $101 | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.396% | +0.0046% | 1h | $1.5M | $8.0M | 25x | as long as short |
| Variational Omni US500 | −0.349% | 0.0000% | 8h | $17.6M | $11.5M | — | as long as short |
| Bitget SP500USDT | −0.120% | 0.0000% | 8h | $7.2M | $731K | 50x | as long as short |
| OKX US500-USDT-SWAP | −0.064% | 0.0000% | 8h | $151K | $295K | 20x | as long as short |
| Aftermath Perps US500USD | −0.058% | +0.0341% | 1h | $458 | $16K | 10x | as long as short |
| Lighter US500 | −0.043% | +0.0032% | 1h | $2.8M | $25.3M | 50x | as long as short |
| Paradex US500-USD-PERP | −0.040% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| QFEX US500-USD | −0.038% | +0.0008% | 1h | $11.7M | $3.1M | 30x | as long as short |
| Polymarket Perps SP500-USDshort | −0.034% | +0.0050% | 1h | $7.6M | $1.5M | 50x |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica SP500 | −0.033% | +0.0100% | 1h | $267K | $163K | 20x | as long as short |
| SoDEX US500-USD | −0.033% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Ondo Perps US500-USD.P | −0.032% | +0.0050% | 1h | $9.6M | $6.2M | 25x | as long as short |
| tradeXYZ xyz:SP500 | −0.022% | +0.0050% | 1h | $434.5M | $248.2M | 50x | as long as short |
| Bullet US500-USD | −0.022% | 0.0000% | 1h | $12K | $109K | 10x | as long as short |
| Popdex US500USDT | −0.012% | +0.0048% | 1h | $547K | $212K | 20x | as long as short |
| Extended SPX500m-USDlong | 0.000% | −0.0176% | 1h | $3.2M | $14.3M | 25x | |
| Vest SPX-USD-PERP | +0.827% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |
Extended SPX500m-USD
Polymarket Perps SP500-USD
Injective
Variational Omni
Bitget
OKX
Lighter
Paradex
Pacifica
SoDEX
tradeXYZ
Bullet
Popdex