Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.037%
Price spread now: Aftermath Perps against Variational Omni+0.255%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aftermath Perps is 0.255% dearer against Variational Omni than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni US500 | 7,743.4 | 0 | get 0.0000% / 8h | 45m 43s | $17.2M | $9.2M | — |
| Short | Aftermath Perps US500USD | 7,763.1 | 0.0051 | get 0.0006% / 1h | 45m 43s | $519 | $22K | 10x |
Variational Omni US500
Aftermath Perps US500USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.75
- Price spread: +0.255% → 0.000%
- $25.47
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $27.21
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 3 min ago | 1.89 bp | doesn't fit | 3.2 bp −$32 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,666.6 | −0.992% | $7K | $103 | 52x | as long as short |
| QFEX US500-USD | −0.0038% | 1h | 7,767.9 | +0.317% | $11.8M | $3.1M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,769.5 | +0.337% | $153K | $252K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,771.5 | +0.363% | $7.2M | $790K | 50x | as long as short |
| Variational Omni US500long | 0.0000% | 8h | 7,743.4 | long leg | $17.2M | $9.2M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,768.6 | +0.326% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,767.4 | +0.310% | $2.2M | $28.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,770.1 | +0.346% | $3.2M | $13.6M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,739.1 | −0.055% | $1.6M | $7.3M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,834 | +1.170% | — | $3.5M | 50x | as long as short |
Injective US500/USDC PERP
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,769.5 | +0.337% | $545K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,767.1 | +0.307% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,769.3 | +0.335% | $436.3M | $255.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,766.5 | +0.299% | $9.0M | $2.3M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,768.7 | +0.327% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,769.2 | +0.334% | $9.5M | $6.7M | 25x | as long as short |
| Aftermath Perps US500USDshort | +0.0051% | 1h | 7,763.1 | +0.255% | $519 | $22K | 10x | |
| Pacifica SP500 | +0.0100% | 1h | 7,769.7 | +0.339% | $258K | $195K | 20x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500