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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: Vest against Paradex+0.864%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.864% dearer against Paradex than usual: you sell high and buy low, +$86 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex US500-USD-PERP7,769.60.0050pay 0.0050% / 8h2h 09m$43K5x
ShortVest SPX-USD-PERP7,836.80.0046get 0.0006% / 1h9m 28s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Paradex. 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
−$0.91
Price spread: +0.864% → 0.000%
$86.43
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Vest: 1 bp × 2 orders
−$2
Net
$79.52
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Vest no order-book sample
Paradex 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%1h7,665.8−1.336%$7K$10852xas long as short
QFEX US500-USD−0.0033%1h7,771.5+0.024%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.9−0.035%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770.1+0.006%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,744.6−0.322%$17.5M$9.6Mas long as short
Bullet US500-USD0.0000%1h7,770.1+0.006%$13K$104K10xas long as short
Lighter US500+0.0032%1h7,769.7+0.001%$2.0M$28.6M50xas long as short
Extended SPX500m-USD+0.0032%1h7,772.1+0.033%$3.2M$14.6M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739.9−0.382%$1.6M$7.2M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,836.8+0.864%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,773+0.044%$625K$528K20xas long as short
Paradex US500-USD-PERPlong+0.0050%8h7,769.6long leg$43K5x
tradeXYZ xyz:SP500+0.0050%1h7,771+0.018%$431.9M$234.2M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,769.60.000%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,771+0.018%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,771.9+0.030%$9.5M$7.9M25xas long as short
Pacifica SP500+0.0100%1h7,770.8+0.016%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0225%1h7,767−0.033%$471$27K10xas long as short