After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.011%7d average+0.008%fees + slippage, in and out−$29spread needed0.293%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SP500 | 7,731.7 | 0.0050 | pay 0.0006% / 1h | 22m 01s | $431.9M | $221.9M | 50x |
| Short | Pacifica SP500 | 7,730.9 | 0.0100 | get 0.0013% / 1h | 22m 01s | $268K | $126K | 20x |
tradeXYZ xyz:SP500
Pacifica 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
- −$1.1
- Funding while held
- $1.5
- Slippage, 4 orders
- −$3.31
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$28.91
- Spread needed to break even
- 0.293%
Slippage from tradeXYZ: live order book, 9 min ago; Pacifica: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 tradeXYZ live order book, 9 min ago | 0.06 bp | 9.1 bp −$9 | 9.1 bp −$91 | 10.0 bp −$1,003 | doesn't fit |
| Sell Pacifica live order book, 28 min ago | 1.03 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective6,930cheapest
Markets by Kinetiq7,701.3+11.130%Variational Omni7,705+11.183%Aftermath Perps7,728.4+11.521%Ondo Perps7,728.6+11.524%Paradex7,729+11.529%SoDEX7,729.6+11.538%QFEX7,729.8+11.541%Lighter7,729.9+11.543%Bitget7,730.2+11.547%Polymarket Perps7,730.2+11.547%
Injective
Markets by Kinetiq
Variational Omni
Ondo Perps
Paradex
SoDEX
QFEX
Lighter
Bitget
Polymarket PerpsPacifica7,730.9+11.556%
Bullet7,731.1+11.560%
BullettradeXYZ7,731.7+11.569%
Popdex7,732.4+11.579%OKX7,733.1+11.589%Extended7,733.5+11.594%Vest7,798.1+12.527%
Popdex
OKX
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 | −10.369% | −0.0220% | 1h | $6K | $125K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.393% | +0.0046% | 1h | $1.7M | $7.1M | 25x | as long as short |
| Variational Omni US500 | −0.345% | +0.0131% | 8h | $17.4M | $11.2M | — | as long as short |
| Aftermath Perps US500USD | −0.042% | +0.0402% | 1h | $547 | $13K | 10x | as long as short |
| Ondo Perps US500-USD.P | −0.040% | +0.0050% | 1h | $9.6M | $5.5M | 25x | as long as short |
| Paradex US500-USD-PERP | −0.035% | +0.0050% | 8h | $42K | — | 5x | as long as short |
| SoDEX US500-USD | −0.027% | +0.0050% | 1h | $1.0M | $46K | 20x | as long as short |
| QFEX US500-USD | −0.025% | +0.0015% | 1h | $11.7M | $3.0M | 30x | as long as short |
| Lighter US500 | −0.023% | +0.0032% | 1h | $3.4M | $19.8M | 50x | as long as short |
| Bitget SP500USDT | −0.019% | 0.0000% | 8h | $7.2M | $721K | 50x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps SP500-USD | −0.019% | +0.0050% | 1h | $7.6M | $1.7M | 50x | as long as short |
| Pacifica SP500short | −0.011% | +0.0100% | 1h | $268K | $126K | 20x | |
| Bullet US500-USD | −0.007% | 0.0000% | 1h | $13K | $108K | 10x | as long as short |
| tradeXYZ xyz:SP500long | 0.000% | +0.0050% | 1h | $431.9M | $221.9M | 50x | |
| Popdex US500USDT | +0.009% | +0.0048% | 1h | $565K | $192K | 20x | as long as short |
| OKX US500-USDT-SWAP | +0.018% | 0.0000% | 8h | $150K | $286K | 20x | as long as short |
| Extended SPX500m-USD | +0.023% | +0.0032% | 1h | $3.4M | $13.2M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.859% | +0.0046% | 1h | — | $3.4M | 50x | as long as short |