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+0.0364%/8h= +39.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.093%
Price spread now: Aftermath Perps against QFEX+0.001%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX US500-USD7,767.2−0.0043get 0.0005% / 1h55m 47s$11.9M$2.2M30x
ShortAftermath Perps US500USD7,767.30.0321get 0.0040% / 1h55m 47s$447$28K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against QFEX. 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
$76.36
Price spread: +0.001% → 0.000%
$0.12
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$57.48
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: QFEX: live order book, 3 min ago; Aftermath Perps: 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 QFEX live order book, 3 min ago1.03 bp6.2 bp −$610.5 bp −$105doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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%1h7,666.5−1.296%$7K$10552xas long as short
QFEX US500-USDlong−0.0043%1h7,767.2long leg$11.9M$2.2M30x
OKX US500-USDT-SWAP0.0000%8h7,766.4−0.010%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,769.9+0.035%$7.2M$765K50xas long as short
Variational Omni US5000.0000%8h7,741.9−0.326%$17.5M$9.3Mas long as short
Bullet US500-USD0.0000%1h7,767.20.000%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,765.6−0.021%$1.9M$27.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,768.3+0.014%$3.2M$13.5M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,738.4−0.371%$1.6M$7.5M25xas long as short
Vest SPX-USD-PERP+0.0046%1h7,834.4+0.865%$4.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,768.9+0.022%$624K$529K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,766.1−0.014%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,766.1−0.014%$437.1M$239.1M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,766.8−0.005%$9.0M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,766.8−0.005%$1.1M$82K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,767.20.000%$9.5M$8.1M25xas long as short
Pacifica SP500+0.0100%1h7,768.3+0.015%$261K$164K20xas long as short
Aftermath Perps US500USDshort+0.0321%1h7,767.3+0.001%$447$28K10x