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+0.0280%/8h= +30.6% APRnext payment +$0.35 per $10,000 · paid last 24h +0.051%
Price spread now: Aftermath Perps against Markets by Kinetiq+0.356%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aftermath Perps is 0.356% dearer against Markets by Kinetiq than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,738.50.0046pay 0.0006% / 1h13m 14s$1.6M$7.0M25x
ShortAftermath Perps US500USD7,7660.0325get 0.0041% / 1h13m 14s$459$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Markets by Kinetiq. 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
$58.74
Price spread: +0.356% → 0.000%
$35.59
Slippage, 4 orders
no order book: not counted
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$83.71
Costs to cover
0.106%
Break-even
from the start
Slippage unknown: Markets by Kinetiq: live order book, 4 min ago; Aftermath Perps: 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 Markets by Kinetiq live order book, 4 min ago0.06 bp1.9 bp −$2doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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%1h7,666.3−0.933%$7K$10752xas long as short
QFEX US500-USD−0.0031%1h7,768.8+0.392%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,765.9+0.354%$152K$229K20xas long as short
Bitget SP500USDT0.0000%8h7,770.2+0.410%$7.2M$762K50xas long as short
Variational Omni US5000.0000%8h7,742.1+0.047%$17.2M$9.0Mas long as short
Bullet US500-USD0.0000%1h7,766.7+0.365%$12K$108K10xas long as short
Lighter US500+0.0032%1h7,765.2+0.345%$2.1M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.7+0.377%$3.2M$15.7M25xas long as short
Markets by Kinetiq mkts:US500long+0.0046%1h7,738.5long leg$1.6M$7.0M25x
Vest SPX-USD-PERP+0.0046%1h7,832.3+1.211%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.8+0.392%$545K$448K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765.5+0.349%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,766.7+0.364%$431.8M$242.5M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,765.4+0.348%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.7+0.364%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,769+0.394%$9.5M$7.3M25xas long as short
Pacifica SP500+0.0100%1h7,767.9+0.380%$261K$177K20xas long as short
Aftermath Perps US500USDshort+0.0325%1h7,766+0.356%$459$22K10x