Spread before costs (cost unknown: a leg has no order-book sample)+0.325%
7d average+0.121%if it closes, per $10,000$32funding while held, a day−$1.59
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni US500 | 7,727.4 | 0.0085 | pay 0.0085% / 8h | 6h 47m | $17.5M | $11.4M | — |
| Short | Lighter US500 | 7,752.5 | 0.0032 | get 0.0004% / 1h | 47m 57s | $3.0M | $23.6M | 50x |
Variational Omni US500
Lighter US500Price 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
- $32.48
- Funding while held
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $30.89
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0053%
- Per $10,000 a day
- −$1.59
- 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 Variational Omni RFQ quote, 3 min ago | 1.90 bp | doesn't fit | 2.4 bp −$24 | 9.6 bp −$962 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.06 bp | 0.1 bp $0 | 0.2 bp −$2 | 4.1 bp −$406 | 143.4 bp −$71.7K |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective7,650.9cheapestMarkets by Kinetiq7,724.5+0.962%
Injective
Markets by KinetiqVariational Omni7,727.4+1.000%
Bitget7,744.1+1.218%Aftermath Perps7,750.1+1.296%Ondo Perps7,751.3+1.312%Paradex7,752.4+1.326%SoDEX7,752.4+1.327%
Bitget
Ondo Perps
Paradex
SoDEXLighter7,752.5+1.328%
OKX7,753.1+1.336%Pacifica7,753.4+1.340%Polymarket Perps7,753.4+1.340%Bullet7,754+1.347%QFEX7,754+1.348%Popdex7,754.6+1.355%tradeXYZ7,754.7+1.357%Extended7,756.3+1.378%Vest7,820+2.210%
OKX
Pacifica
Polymarket Perps
Bullet
QFEX
Popdex
tradeXYZ
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 | −0.990% | −0.0220% | 1h | $7K | $56K | 52x | as long as short |
| Markets by Kinetiq mkts:US500 | −0.037% | +0.0046% | 1h | $1.6M | $7.8M | 25x | as long as short |
| Variational Omni US500long | 0.000% | +0.0085% | 8h | $17.5M | $11.4M | — | |
| Bitget SP500USDT | +0.216% | 0.0000% | 8h | $7.2M | $748K | 50x | as long as short |
| Aftermath Perps US500USD | +0.293% | +0.0311% | 1h | $458 | $15K | 10x | as long as short |
| Ondo Perps US500-USD.P | +0.309% | +0.0050% | 1h | $9.6M | $6.2M | 25x | as long as short |
| Paradex US500-USD-PERP | +0.323% | +0.0050% | 8h | $43K | — | 5x | as long as short |
| SoDEX US500-USD | +0.324% | +0.0050% | 1h | $1.1M | $87K | 20x | as long as short |
| Lighter US500short | +0.325% | +0.0032% | 1h | $3.0M | $23.6M | 50x | |
| OKX US500-USDT-SWAP | +0.333% | 0.0000% | 8h | $151K | $292K | 20x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica SP500 | +0.336% | +0.0100% | 1h | $267K | $163K | 20x | as long as short |
| Polymarket Perps SP500-USD | +0.336% | +0.0050% | 1h | $7.6M | $1.5M | 50x | as long as short |
| Bullet US500-USD | +0.344% | 0.0000% | 1h | $14K | $109K | 10x | as long as short |
| QFEX US500-USD | +0.344% | +0.0010% | 1h | $11.7M | $2.9M | 30x | as long as short |
| Popdex US500USDT | +0.352% | +0.0048% | 1h | $547K | $211K | 20x | as long as short |
| tradeXYZ xyz:SP500 | +0.353% | +0.0050% | 1h | $432.8M | $235.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.374% | +0.0032% | 1h | $3.3M | $13.5M | 25x | as long as short |
| Vest SPX-USD-PERP | +1.198% | +0.0046% | 1h | — | $3.5M | 50x | as long as short |