After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.012%7d average−0.033%fees + slippage, in and out−$22spread needed0.225%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SP500 | 7,769.9 | 0.0100 | pay 0.0013% / 1h | 0m 43s | $267K | $164K | 20x |
| Short | Lighter US500 | 7,770.8 | 0.0032 | get 0.0004% / 1h | 0m 43s | $2.8M | $26.5M | 50x |
Pacifica SP500
Lighter US500Price 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
- $1.18
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$14.47
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.33
- Spread needed to break even
- 0.225%
Slippage from Pacifica: live order book, 34 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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 Pacifica live order book, 34 min ago | 0.45 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.39 bp | 0.4 bp $0 | 0.7 bp −$7 | 3.1 bp −$305 | 141.9 bp −$71.0K |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective6,965.3cheapest
Markets by Kinetiq7,744.6+11.188%Variational Omni7,747.1+11.225%Bitget7,758.4+11.386%Paradex7,769.9+11.551%
Injective
Markets by Kinetiq
Variational Omni
Bitget
ParadexPacifica7,769.9+11.551%
Lighter7,770.8+11.564%
Polymarket Perps7,771.6+11.576%tradeXYZ7,772.2+11.585%QFEX7,772.2+11.585%SoDEX7,772.7+11.592%Popdex7,772.9+11.595%Bullet7,773+11.596%Extended7,773.4+11.602%Aftermath Perps7,774.5+11.618%OKX7,775.4+11.631%Ondo Perps7,775.4+11.631%Vest7,838.9+12.542%
Polymarket Perps
tradeXYZ
QFEX
SoDEX
Popdex
Bullet
Extended
OKX
Ondo Perps
VestSP500 on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −10.355% | −0.0220% | 1h | $6K | $104 | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.325% | +0.0046% | 1h | $1.4M | $7.9M | 25x | as long as short |
| Variational Omni US500 | −0.293% | 0.0000% | 8h | $17.6M | $11.3M | — | as long as short |
| Bitget SP500USDT | −0.148% | 0.0000% | 8h | $7.2M | $731K | 50x | as long as short |
| Paradex US500-USD-PERP | 0.000% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| Pacifica SP500long | 0.000% | +0.0100% | 1h | $267K | $164K | 20x | |
| Lighter US500short | +0.012% | +0.0032% | 1h | $2.8M | $26.5M | 50x | |
| Polymarket Perps SP500-USD | +0.022% | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
| tradeXYZ xyz:SP500 | +0.030% | +0.0050% | 1h | $437.9M | $258.2M | 50x | as long as short |
| QFEX US500-USD | +0.030% | +0.0008% | 1h | $11.7M | $3.1M | 30x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX US500-USD | +0.036% | +0.0050% | 1h | $1.1M | $85K | 20x | as long as short |
| Popdex US500USDT | +0.039% | +0.0048% | 1h | $545K | $220K | 20x | as long as short |
| Bullet US500-USD | +0.040% | 0.0000% | 1h | $14K | $108K | 10x | as long as short |
| Extended SPX500m-USD | +0.045% | +0.0032% | 1h | $3.2M | $15.1M | 25x | as long as short |
| Aftermath Perps US500USD | +0.059% | +0.0325% | 1h | $538 | $17K | 10x | as long as short |
| OKX US500-USDT-SWAP | +0.071% | 0.0000% | 8h | $153K | $299K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.071% | +0.0050% | 1h | $9.6M | $5.9M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.888% | +0.0046% | 1h | — | $3.6M | 50x | as long as short |