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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against OKX+0.853%7-day average +0.886% · you sell dearer than you buy
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)−0.286%−$29 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.853%, 7d avg +0.886%
Together, before fees−0.381%+ Points / potential airdropVest: Active · farm board−$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.033% cheaper against OKX than usual: you would sell low and buy high (spread +0.853% now, against its 7-day average of +0.886%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.286%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX US500-USDT-SWAP7,765.30get 0.0000% / 8h4h 11m$151K$224K20x
ShortVest SPX-USD-PERP7,831.50.0046get 0.0006% / 1h11m 18s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.853% → +0.886%
−$3.33
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$5.74
Costs to cover
0.120%
Break-even
11.2 days
Slippage unknown: OKX: live order book, 44 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 44 min ago0.84 bp8.6 bp −$9doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.2−1.289%$7K$10852xas long as short
QFEX US500-USD−0.0029%1h7,766.3+0.013%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAPlong0.0000%8h7,765.3long leg$151K$224K20x
Bitget SP500USDT0.0000%8h7,771.3+0.077%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,741.9−0.301%$17.5M$9.4Mas long as short
Bullet US500-USD0.0000%1h7,766+0.009%$12K$106K10xas long as short
Lighter US500+0.0032%1h7,764.2−0.014%$2.2M$28.7M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.4+0.014%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.9−0.353%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,831.5+0.853%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.8+0.032%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,763.6−0.022%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,765.9+0.008%$431.7M$239.4M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.009%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.7+0.005%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,766.7+0.018%$9.5M$7.6M25xas long as short
Pacifica SP500+0.0100%1h7,766.6+0.016%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0224%1h7,764.9−0.005%$526$24K10xas long as short