After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.013%7d average−0.001%fees + slippage, in and out−$33spread needed0.332%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX US500-USD | 7,756 | 0.0010 | pay 0.0001% / 1h | 2m 33s | $11.7M | $3.1M | 30x |
| Short | tradeXYZ xyz:SP500 | 7,757 | 0.0050 | get 0.0006% / 1h | 2m 33s | $433.4M | $246.7M | 50x |
QFEX US500-USD
tradeXYZ xyz:SP500Price 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
- $1.29
- Funding while held
- $1.21
- Slippage, 4 orders
- −$5.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$30.69
- Spread needed to break even
- 0.332%
Slippage from QFEX: live order book, 8 min ago; tradeXYZ: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.21
- 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 QFEX live order book, 8 min ago | 1.80 bp | 6.9 bp −$7 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 10.2 bp −$1,017 | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective7,649.5cheapestMarkets by Kinetiq7,728.8+1.037%Variational Omni7,733+1.092%Bitget7,754+1.366%Lighter7,755.4+1.384%Paradex7,756+1.392%
Injective
Markets by Kinetiq
Variational Omni
Bitget
Lighter
ParadexQFEX7,756+1.392%
Ondo Perps7,756.1+1.394%Popdex7,756.5+1.399%SoDEX7,756.8+1.403%
Ondo Perps
Popdex
SoDEXtradeXYZ7,757+1.405%
Polymarket Perps7,757.2+1.408%Bullet7,757.6+1.413%Pacifica7,758.7+1.428%Aftermath Perps7,758.9+1.430%Extended7,759+1.431%OKX7,760+1.445%Vest7,824.4+2.286%
Polymarket Perps
Bullet
Pacifica
Extended
OKX
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 | −1.373% | −0.0220% | 1h | $7K | $56K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.351% | +0.0046% | 1h | $1.5M | $8.1M | 25x | as long as short |
| Variational Omni US500 | −0.296% | +0.0009% | 8h | $17.5M | $11.4M | — | as long as short |
| Bitget SP500USDT | −0.026% | 0.0000% | 8h | $7.2M | $731K | 50x | as long as short |
| Lighter US500 | −0.008% | +0.0032% | 1h | $2.9M | $25.1M | 50x | as long as short |
| Paradex US500-USD-PERP | 0.000% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| QFEX US500-USDlong | 0.000% | +0.0010% | 1h | $11.7M | $3.1M | 30x | |
| Ondo Perps US500-USD.P | +0.002% | +0.0050% | 1h | $9.6M | $6.1M | 25x | as long as short |
| Popdex US500USDT | +0.006% | +0.0048% | 1h | $547K | $212K | 20x | as long as short |
| SoDEX US500-USD | +0.010% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SP500short | +0.013% | +0.0050% | 1h | $433.4M | $246.7M | 50x | |
| Polymarket Perps SP500-USD | +0.015% | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
| Bullet US500-USD | +0.021% | 0.0000% | 1h | $13K | $108K | 10x | as long as short |
| Pacifica SP500 | +0.035% | +0.0100% | 1h | $267K | $163K | 20x | as long as short |
| Aftermath Perps US500USD | +0.037% | +0.0374% | 1h | $458 | $16K | 10x | as long as short |
| Extended SPX500m-USD | +0.038% | −0.0328% | 1h | $3.1M | $14.2M | 25x | as long as short |
| OKX US500-USDT-SWAP | +0.052% | 0.0000% | 8h | $151K | $296K | 20x | as long as short |
| Vest SPX-USD-PERP | +0.882% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |