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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.843%7-day average +0.939% · 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 4 days (all we have)−0.005%$0 on $10k
Price spread, last 7 days+0.043%+$4 · spread now +0.843%, 7d avg +0.939%
Together, before fees+0.039%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board+$4 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: Vest is 0.097% cheaper against Ondo Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.939%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps US500-USD.P7,762.10.0050pay 0.0006% / 1h2m 55s$9.5M$8.2M25x
ShortVest SPX-USD-PERP7,827.50.0046get 0.0006% / 1h2m 55s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$0.99
Price spread: +0.843% → +0.939%
−$9.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$17.67
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and 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%1h7,663.3−1.273%$7K$10852xas long as short
QFEX US500-USD−0.0043%1h7,761−0.014%$9.9M$3.1M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.4+0.055%$141K$228K20xas long as short
Bitget SP500USDT0.0000%8h7,763.2+0.014%$7.2M$768K50xas long as short
Variational Omni US5000.0000%8h7,737.1−0.322%$17.5M$8.4Mas long as short
Bullet US500-USD0.0000%1h7,759.5−0.033%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,759−0.040%$2.1M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,761.6−0.006%$3.2M$12.0M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,733.2−0.372%$1.6M$7.4M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,827.5+0.843%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,762.8+0.009%$625K$527K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,759.5−0.033%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,760.6−0.019%$436.1M$233.8M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,759.1−0.039%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,759.7−0.031%$1.4M$191K20xas long as short
Ondo Perps US500-USD.Plong+0.0050%1h7,762.1long leg$9.5M$8.2M25x
Pacifica SP500+0.0100%1h7,762.1+0.001%$259K$168K20xas long as short
Aftermath Perps US500USD+0.0335%1h7,758.9−0.041%$479$29K10xas long as short