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: Vest against Extended+0.832%7-day average +0.970% · you sell dearer than you buy
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−0.020%−$2 · spread now +0.832%, 7d avg +0.970%
Together, before fees+0.005%+ Points / potential airdropExtended: Active · Vest: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.138% cheaper against Extended than usual: you would sell low and buy high (spread +0.832% now, against its 7-day average of +0.970%). If the spread goes back, that is −$14 on $10k: about 34 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPX500m-USD7,767.60.0032pay 0.0004% / 1h56m 03s$3.2M$15.2M25x
ShortVest SPX-USD-PERP7,832.30.0046get 0.0006% / 1h56m 03s$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Extended. 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: +0.832% → +0.970%
−$13.78
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$17.91
Costs to cover
0.070%
Break-even
50.6 days
Slippage unknown: Extended: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago1.03 bp6.0 bp −$68.2 bp −$8219.2 bp −$1,921doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,667.2−1.292%$7K$10452xas long as short
QFEX US500-USD−0.0031%1h7,767.7+0.001%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.5−0.014%$152K$234K20xas long as short
Bitget SP500USDT0.0000%8h7,772.4+0.062%$7.2M$772K50xas long as short
Variational Omni US5000.0000%8h7,741.9−0.330%$17.2M$8.9Mas long as short
Bullet US500-USD0.0000%1h7,767.2−0.005%$12K$108K10xas long as short
Lighter US500+0.0032%1h7,765.8−0.023%$2.2M$28.3M50xas long as short
Extended SPX500m-USDlong+0.0032%1h7,767.6long leg$3.2M$15.2M25x
Markets by Kinetiq mkts:US500+0.0046%1h7,738−0.381%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,832.3+0.832%$3.9M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769+0.018%$545K$439K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765.2−0.031%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,767.2−0.005%$434.3M$241.7M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,765.4−0.028%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.8−0.010%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.5−0.001%$9.5M$7.1M25xas long as short
Pacifica SP500+0.0100%1h7,767.9+0.004%$261K$178K20xas long as short
Aftermath Perps US500USD+0.0264%1h7,766−0.020%$498$22K10xas long as short