data as of
Settings8H · net · $10k
Price arb /

SP500

RWAall SP500 markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.268%7d average+0.279%fees + slippage, in and out−$45spread needed0.449%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,722.90.0046pay 0.0006% / 1h7m 01s$1.7M$7.7M25x
ShortBitget SP500USDT7,743.60get 0.0000% / 8h7h 07m$7.2M$748K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$26.8
Funding while held
−$1.37
Slippage, 4 orders
−$31.28
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.47
Spread needed to break even
0.449%
Slippage from Markets by Kinetiq: live order book, 1 min ago; Bitget: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0046%
Per $10,000 a day
$1.37
Average in range /8h

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, 1 min ago0.06 bp1.9 bp −$2doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.26 bp18.0 bp −$1818.6 bp −$18623.5 bp −$2,35490.6 bp −$45.3K

SP500 price on every exchange

against the cheapest. Click to use as the short leg.

SP500 on 18 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−10.030%−0.0220%1h$6K$125K52xas long as short
Markets by Kinetiq mkts:US500long0.000%+0.0046%1h$1.7M$7.7M25x
Variational Omni US500+0.058%+0.0096%8h$17.5M$11.6Mas long as short
Bitget SP500USDTshort+0.268%0.0000%8h$7.2M$748K50x
Lighter US500+0.325%+0.0032%1h$3.1M$22.4M50xas long as short
SoDEX US500-USD+0.333%+0.0050%1h$1.1M$86K20xas long as short
Ondo Perps US500-USD.P+0.337%+0.0050%1h$9.6M$6.1M25xas long as short
Paradex US500-USD-PERP+0.345%+0.0050%8h$42K5xas long as short
Bullet US500-USD+0.350%0.0000%1h$14K$109K10xas long as short
Pacifica SP500+0.351%+0.0100%1h$273K$154K20xas long as short
Show all 18 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:SP500+0.356%+0.0050%1h$432.9M$233.8M50xas long as short
Polymarket Perps SP500-USD+0.359%+0.0050%1h$7.6M$1.7M50xas long as short
Aftermath Perps US500USD+0.359%+0.0331%1h$488$14K10xas long as short
Popdex US500USDT+0.361%+0.0048%1h$547K$210K20xas long as short
QFEX US500-USD+0.365%+0.0006%1h$11.7M$2.9M30xas long as short
Extended SPX500m-USD+0.370%+0.0032%1h$3.4M$13.3M25xas long as short
OKX US500-USDT-SWAP+0.391%0.0000%8h$151K$293K20xas long as short
Vest SPX-USD-PERP+1.207%+0.0046%1h$3.5M50xas long as short