data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

SP500

RWAall SP500 markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.236%
7d average+0.202%if it closes, per $10,000$24funding while held, a day−$2.82
Long on Variational OmniShort on Bitget
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US5007,725.80.0094pay 0.0094% / 8h7h 02m$17.5M$11.6M—
ShortBitget SP500USDT7,7440get 0.0000% / 8h7h 02m$7.2M$748K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$23.6
Funding while held
−$2.82
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$8.77
Spread needed to break even
0.120%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0094%
Per $10,000 a day
−$2.82
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago1.89 bpdoesn't fit2.0 bp −$209.3 bp −$934doesn't fit
Sell Bitget live order book, 2 min ago4.26 bp18.2 bp −$1818.7 bp −$18724.8 bp −$2,48491.5 bp −$45.8K

SP500 price on every exchange

against the cheapest. Click to use as the short leg.
Injective6,948.3cheapest
Markets by Kinetiq7,722.2+11.138%
Variational Omni7,725.8+11.189%
Bitget7,744+11.452%
SoDEX7,748.7+11.519%Lighter7,748.8+11.521%Paradex7,748.9+11.522%Pacifica7,749.5+11.530%Ondo Perps7,750.2+11.540%Popdex7,750.3+11.542%Polymarket Perps7,750.4+11.544%QFEX7,750.6+11.547%Aftermath Perps7,750.6+11.547%Bullet7,750.7+11.548%tradeXYZ7,751.1+11.554%Extended7,752.3+11.572%OKX7,753.1+11.583%Vest7,816.6+12.497%

SP500 on 18 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective US500/USDC PERP−10.063%−0.0220%1h$6K$125K52xas long as short
Markets by Kinetiq mkts:US500−0.046%+0.0046%1h$1.7M$7.8M25xas long as short
Variational Omni US500long0.000%+0.0094%8h$17.5M$11.6M—
Bitget SP500USDTshort+0.236%0.0000%8h$7.2M$748K50x
SoDEX US500-USD+0.297%+0.0050%1h$1.1M$86K20xas long as short
Lighter US500+0.298%+0.0032%1h$3.1M$22.8M50xas long as short
Paradex US500-USD-PERP+0.299%+0.0050%8h$42K—5xas long as short
Pacifica SP500+0.307%+0.0100%1h$273K$154K20xas long as short
Ondo Perps US500-USD.P+0.316%+0.0050%1h$9.6M$6.1M25xas long as short
Popdex US500USDT+0.318%+0.0048%1h$547K$211K20xas long as short
Show all 18 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Polymarket Perps SP500-USD+0.319%+0.0050%1h$7.6M$1.6M50xas long as short
QFEX US500-USD+0.321%+0.0006%1h$11.7M$2.9M30xas long as short
Aftermath Perps US500USD+0.322%+0.0339%1h$458$15K10xas long as short
Bullet US500-USD+0.322%0.0000%1h$14K$109K10xas long as short
tradeXYZ xyz:SP500+0.328%+0.0050%1h$432.9M$234.3M50xas long as short
Extended SPX500m-USD+0.344%+0.0032%1h$3.3M$13.3M25xas long as short
OKX US500-USDT-SWAP+0.354%0.0000%8h$151K$293K20xas long as short
Vest SPX-USD-PERP+1.176%+0.0046%1h—$3.5M50xas long as short