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

SP500

RWAall SP500 markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k+$10
spread now+0.343%7d average+0.190%fees + slippage, in and out−$5spread needed0.051%
Long on Markets by KinetiqShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:US5007,668.50.0130pay 0.0016% / 1h29m 13s$2.0M$6.1M25x
ShortLighter US5007,694.80.0032get 0.0004% / 1h29m 13s$5.4M$13.1M50x

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
$34.3
Funding while held
−$2.94
Slippage, 4 orders
−$3.48
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee Lighter: 0 bp × 2 orders
$0
Net
$26.25
Spread needed to break even
0.051%
Slippage from Markets by Kinetiq: live order book, 8 min ago; Lighter: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
−0.0098%
Per $10,000 a day
−$2.94
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, 8 min ago0.39 bp1.7 bp −$2doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.39 bp0.5 bp −$11.1 bp −$113.8 bp −$382150.6 bp −$75.3K

SP500 price on every exchange

against the cheapest. Click to use as the short leg.
Injective6,901.4cheapest
Markets by Kinetiq7,668.5+11.115%
Variational Omni7,673.5+11.187%OKX7,693+11.470%Paradex7,694.3+11.488%
Lighter7,694.8+11.496%
Polymarket Perps7,695.4+11.505%QFEX7,695.6+11.508%SoDEX7,695.8+11.511%Bullet7,695.8+11.511%Aftermath Perps7,696.2+11.516%tradeXYZ7,696.3+11.518%Ondo Perps7,696.5+11.521%Pacifica7,696.7+11.523%Extended7,697.1+11.530%Popdex7,698.1+11.544%Bitget7,700+11.572%Vest7,763.3+12.488%

SP500 on 18 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−10.003%−0.0220%1h$6K$206K52xas long as short
Markets by Kinetiq mkts:US500long0.000%+0.0130%1h$2.0M$6.1M25x
Variational Omni US500+0.065%+0.0144%8h$18.2M$11.4M—as long as short
OKX US500-USDT-SWAP+0.319%0.0000%8h$132K$132K20xas long as short
Paradex US500-USD-PERP+0.336%+0.0050%8h$42K—5xas long as short
Lighter US500short+0.343%+0.0032%1h$5.4M$13.1M50x
Polymarket Perps SP500-USD+0.351%+0.0050%1h$7.6M$1.7M50xas long as short
QFEX US500-USD+0.353%+0.0014%1h$9.7M$2.0M30xas long as short
SoDEX US500-USD+0.356%+0.0050%1h$1.0M$45K20xas long as short
Bullet US500-USD+0.356%0.0000%1h$13K$109K10xas long as short
Show all 18 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aftermath Perps US500USD+0.361%+0.0458%1h$351$9K10xas long as short
tradeXYZ xyz:SP500+0.363%+0.0023%1h$440.1M$147.8M50xas long as short
Ondo Perps US500-USD.P+0.366%+0.0050%1h$9.4M$3.3M25xas long as short
Pacifica SP500+0.367%+0.0100%1h$269K$97K20xas long as short
Extended SPX500m-USD+0.373%−0.0032%1h$3.2M$13.1M25xas long as short
Popdex US500USDT+0.386%+0.0048%1h$572K$173K20xas long as short
Bitget SP500USDT+0.411%0.0000%8h$7.2M$499K50xas long as short
Vest SPX-USD-PERP+1.236%+0.0046%1h—$307K50xas long as short