After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.003%7d average−0.009%fees + slippage, in and out−$35spread needed0.355%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SP500 | 7,752.6 | 0.0100 | pay 0.0013% / 1h | 49m 28s | $266K | $163K | 20x |
| Short | QFEX US500-USD | 7,752.4 | 0.0010 | get 0.0001% / 1h | 49m 28s | $11.7M | $2.9M | 30x |
Pacifica SP500
QFEX US500-USDPrice 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
- −$0.26
- Funding while held
- −$2.71
- Slippage, 4 orders
- −$17.49
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.45
- Spread needed to break even
- 0.355%
Slippage from Pacifica: live order book, 55 min ago; QFEX: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.71
- 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, 55 min ago | 0.06 bp | 15.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.29 bp | 8.7 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective7,650.9cheapestMarkets by Kinetiq7,723.6+0.950%Variational Omni7,727.4+1.000%Bitget7,744.3+1.221%Aftermath Perps7,750.3+1.299%SoDEX7,750.9+1.307%Ondo Perps7,751+1.309%Lighter7,751.8+1.319%Paradex7,751.9+1.320%
Injective
Markets by Kinetiq
Variational Omni
Bitget
SoDEX
Ondo Perps
Lighter
ParadexQFEX7,752.4+1.327%
Pacifica7,752.6+1.329%
OKX7,753.1+1.336%Polymarket Perps7,753.4+1.340%Popdex7,753.7+1.344%Bullet7,754.1+1.349%tradeXYZ7,754.5+1.354%Extended7,754.8+1.359%Vest7,820+2.210%
OKX
Polymarket Perps
Popdex
Bullet
tradeXYZ
Extended
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 | −1.312% | −0.0220% | 1h | $7K | $56K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.374% | +0.0046% | 1h | $1.6M | $7.8M | 25x | as long as short |
| Variational Omni US500 | −0.325% | +0.0085% | 8h | $17.5M | $11.4M | — | as long as short |
| Bitget SP500USDT | −0.107% | 0.0000% | 8h | $7.2M | $748K | 50x | as long as short |
| Aftermath Perps US500USD | −0.030% | +0.0311% | 1h | $534 | $15K | 10x | as long as short |
| SoDEX US500-USD | −0.022% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Ondo Perps US500-USD.P | −0.020% | +0.0050% | 1h | $9.6M | $6.2M | 25x | as long as short |
| Lighter US500 | −0.010% | +0.0032% | 1h | $3.0M | $23.4M | 50x | as long as short |
| Paradex US500-USD-PERP | −0.010% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| QFEX US500-USDshort | −0.003% | +0.0010% | 1h | $11.7M | $2.9M | 30x |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica SP500long | 0.000% | +0.0100% | 1h | $266K | $163K | 20x | |
| OKX US500-USDT-SWAP | +0.006% | 0.0000% | 8h | $151K | $292K | 20x | as long as short |
| Polymarket Perps SP500-USD | +0.010% | +0.0050% | 1h | $7.6M | $1.6M | 50x | as long as short |
| Popdex US500USDT | +0.014% | +0.0048% | 1h | $547K | $211K | 20x | as long as short |
| Bullet US500-USD | +0.019% | 0.0000% | 1h | $14K | $109K | 10x | as long as short |
| tradeXYZ xyz:SP500 | +0.025% | +0.0050% | 1h | $432.8M | $235.1M | 50x | as long as short |
| Extended SPX500m-USD | +0.029% | +0.0032% | 1h | $3.3M | $13.5M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.869% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |