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−0.0002%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Popdex+0.817%7-day average +0.932% · 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)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.817%, 7d avg +0.932%
Together, before fees−0.016%+ Points / potential airdropVest: Active · farm board−$2 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 0.114% cheaper against Popdex than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.932%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex US500USDT7,7680.0048pay 0.0006% / 1h8m 20s$584K$487K20x
ShortVest SPX-USD-PERP7,831.50.0046get 0.0006% / 1h8m 20s$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Popdex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.49
Price spread: +0.817% → +0.932%
−$11.43
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Vest: 1 bp × 2 orders
−$2
Net
−$20.31
Costs to cover
0.084%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 51 min ago; 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 Popdex live order book, 51 min ago0.39 bp3.6 bp −$43.6 bp −$367.6 bp −$757doesn't fit
Sell Vest no order-book sample
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%1h7,665.2−1.323%$7K$10852xas long as short
QFEX US500-USD−0.0029%1h7,765.9−0.027%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,764.9−0.040%$151K$224K20xas long as short
Bitget SP500USDT0.0000%8h7,771.2+0.041%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.9−0.349%$17.5M$9.4Mas long as short
Bullet US500-USD0.0000%1h7,765.5−0.032%$12K$106K10xas long as short
Lighter US500+0.0032%1h7,764.6−0.044%$2.1M$28.9M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.6−0.017%$3.2M$15.1M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,737.7−0.390%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERPshort+0.0046%1h7,831.5+0.817%$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDTlong+0.0048%1h7,768long leg$584K$487K20x
Paradex US500-USD-PERP+0.0050%8h7,763.8−0.054%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,765.7−0.030%$431.7M$239.0M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,764.6−0.044%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,765.7−0.030%$1.1M$85K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.2−0.011%$9.5M$7.6M25xas long as short
Pacifica SP500+0.0100%1h7,766.6−0.018%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0229%1h7,764.9−0.040%$470$25K10xas long as short