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+0.0185%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h +0.065%
Price spread now: Aftermath Perps against Ondo Perps−0.045%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.045% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 20 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,768.20.0050pay 0.0006% / 1h36m 50s$9.5M$7.6M25x
ShortAftermath Perps US500USD7,764.70.0235get 0.0029% / 1h36m 50s$548$24K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Ondo Perps. 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
$38.87
Price spread: −0.045% → 0.000%
−$4.52
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$20.35
Costs to cover
0.140%
Break-even
3.3 days
Slippage unknown: Ondo Perps: no order-book sample; Aftermath Perps: 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 Ondo Perps no order-book sample
Sell Aftermath Perps no order-book sample
Ondo Perps and Aftermath Perps: 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%1h7,665.5−1.323%$7K$10752xas long as short
QFEX US500-USD−0.0029%1h7,768.8+0.007%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.6−0.021%$152K$216K20xas long as short
Bitget SP500USDT0.0000%8h7,770.3+0.027%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,742−0.338%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.2−0.013%$13K$106K10xas long as short
Lighter US500+0.0032%1h7,765.8−0.031%$2.1M$28.3M50xas long as short
Extended SPX500m-USD+0.0032%1h7,767.4−0.011%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.8−0.392%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,832+0.821%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,769.2+0.012%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,765.1−0.040%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,767.4−0.011%$431.9M$239.5M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,765.6−0.034%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.4−0.024%$1.1M$85K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h7,768.2long leg$9.5M$7.6M25x
Pacifica SP500+0.0100%1h7,767.9−0.004%$261K$177K20xas long as short
Aftermath Perps US500USDshort+0.0235%1h7,764.7−0.045%$548$24K10x