Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%
Price spread now: Variational Omni against OKX−0.352%7-day average −0.326% · you buy dearer than you sell
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)−0.292%−$29 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.352%, 7d avg −0.326%
Together, before fees−0.286%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.025% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.326%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX US500-USDT-SWAP7,7720get 0.0000% / 8h7h 24m$152K$246K20x
ShortVariational Omni US5007,744.70get 0.0000% / 8h7h 24m$17.2M$8.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
$0
Price spread: −0.352% → −0.326%
−$2.52
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.52
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 46 min ago; Variational Omni: RFQ quote, 5 min ago. 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 OKX live order book, 46 min ago0.90 bp40.5 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago1.89 bpdoesn't fit2.0 bp −$20doesn't fitdoesn't fit

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%1h7,668.6−1.330%$7K$10552xas long as short
QFEX US500-USD−0.0045%1h7,767.9−0.053%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAPlong0.0000%8h7,772long leg$152K$246K20x
Bitget SP500USDT0.0000%8h7,772.1+0.001%$7.2M$772K50xas long as short
Variational Omni US500short0.0000%8h7,744.7−0.352%$17.2M$8.9M
Bullet US500-USD0.0000%1h7,766.8−0.066%$13K$107K10xas long as short
Lighter US500+0.0032%1h7,765.2−0.087%$2.2M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.2−0.062%$3.2M$14.4M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739.1−0.423%$1.6M$7.1M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832+0.772%$3.7M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.6−0.044%$545K$440K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.5−0.097%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,766.7−0.068%$434.7M$240.0M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.095%$9.0M$2.2M50xas long as short
SoDEX US500-USD+0.0050%1h7,768.8−0.041%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,768−0.052%$9.5M$7.1M25xas long as short
Pacifica SP500+0.0100%1h7,767.8−0.054%$261K$178K20xas long as short
Aftermath Perps US500USD+0.0238%1h7,768.4−0.046%$459$21K10xas long as short