Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Vest against Lighter+0.858%7-day average +0.972% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.275%+$28 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now +0.858%, 7d avg +0.972%
=Together, before fees+0.373%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.115% cheaper against Lighter than usual: you would sell low and buy high (spread +0.858% now, against its 7-day average of +0.972%). If the spread goes back, that is −$11 on $10k: about 28 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.275% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter US500 | 7,763.3 | 0.0032 | pay 0.0004% / 1h | 37m 21s | $2.2M | $28.5M | 50x |
| Short | Vest SPX-USD-PERP | 7,829.9 | 0.0046 | get 0.0006% / 1h | 37m 21s | — | $4.1M | 50x |
Lighter US500
Vest SPX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.858% → +0.972%
- −$11.47
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$10.6
- Costs to cover
- 0.020%
- Break-even
- 32.8 days
Slippage unknown: Lighter: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 0.19 bp | 0.5 bp $0 | 0.9 bp −$9 | 4.8 bp −$480 | 125.0 bp −$62.5K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,667.2 | −1.238% | $7K | $104 | 52x | as long as short |
| QFEX US500-USD | −0.0031% | 1h | 7,764.2 | +0.012% | $11.9M | $3.2M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,766.2 | +0.037% | $152K | $234K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,772.4 | +0.117% | $7.2M | $754K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.6 | −0.293% | $17.2M | $8.8M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,764 | +0.009% | $12K | $108K | 10x | as long as short |
| Lighter US500long | +0.0032% | 1h | 7,763.3 | long leg | $2.2M | $28.5M | 50x | |
| Extended SPX500m-USD | +0.0032% | 1h | 7,765.5 | +0.028% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.1 | −0.337% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERPshort | +0.0046% | 1h | 7,829.9 | +0.858% | — | $4.1M | 50x |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,763.2 | −0.001% | $544K | $439K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,763 | −0.004% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,764.1 | +0.010% | $433.0M | $241.0M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,763 | −0.004% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,764.5 | +0.015% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,765.4 | +0.027% | $9.5M | $7.2M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,766.3 | +0.038% | $261K | $178K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0321% | 1h | 7,765.7 | +0.030% | $564 | $22K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD