After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.035%7d average−0.085%fees + slippage, in and out−$44spread needed0.441%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX US500-USDT-SWAP | 7,760 | 0 | get 0.0000% / 8h | 6h 01m | $151K | $296K | 20x |
| Short | tradeXYZ xyz:SP500 | 7,757.3 | 0.0050 | get 0.0006% / 1h | 1m 52s | $433.5M | $246.8M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.48
- Funding while held
- $1.5
- Slippage, 4 orders
- −$16.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.13
- Spread needed to break even
- 0.441%
Slippage from OKX: live order book, 35 min ago; tradeXYZ: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- Average in range /8h
- —
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 OKX live order book, 35 min ago | 0.90 bp | 15.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 10.2 bp −$1,017 | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.SP500 on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −1.424% | −0.0220% | 1h | $7K | $56K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.402% | +0.0046% | 1h | $1.5M | $8.1M | 25x | as long as short |
| Variational Omni US500 | −0.348% | +0.0009% | 8h | $17.5M | $11.4M | — | as long as short |
| Bitget SP500USDT | −0.072% | 0.0000% | 8h | $7.2M | $731K | 50x | as long as short |
| Lighter US500 | −0.057% | +0.0032% | 1h | $2.9M | $25.1M | 50x | as long as short |
| Paradex US500-USD-PERP | −0.052% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| QFEX US500-USD | −0.052% | +0.0010% | 1h | $11.7M | $3.1M | 30x | as long as short |
| Ondo Perps US500-USD.P | −0.050% | +0.0050% | 1h | $9.6M | $6.1M | 25x | as long as short |
| SoDEX US500-USD | −0.049% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Polymarket Perps SP500-USD | −0.048% | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex US500USDT | −0.045% | +0.0048% | 1h | $547K | $212K | 20x | as long as short |
| Bullet US500-USD | −0.042% | 0.0000% | 1h | $13K | $108K | 10x | as long as short |
| tradeXYZ xyz:SP500short | −0.035% | +0.0050% | 1h | $433.5M | $246.8M | 50x | |
| Pacifica SP500 | −0.017% | +0.0100% | 1h | $267K | $163K | 20x | as long as short |
| Aftermath Perps US500USD | −0.014% | +0.0379% | 1h | $458 | $16K | 10x | as long as short |
| Extended SPX500m-USD | −0.007% | −0.0328% | 1h | $3.2M | $14.2M | 25x | as long as short |
| OKX US500-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $151K | $296K | 20x | |
| Vest SPX-USD-PERP | +0.814% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |
OKX US500-USDT-SWAP
tradeXYZ xyz:SP500
Injective
Variational Omni
Bitget
Lighter
Paradex
SoDEX
Polymarket Perps
Popdex
Bullet
Pacifica
Extended