Settings8H · net · $10k
Funding arb · Price arb /

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.830%7-day average −0.941% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.830%, 7d avg −0.941%
Together, before fees+0.009%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.111% dearer against Vest than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.941%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SPX-USD-PERP7,836.30.0046pay 0.0006% / 1h7m 48s$4.3M50x
ShortOndo Perps US500-USD.P7,771.20.0050get 0.0006% / 1h7m 48s$9.5M$7.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.99
Price spread: −0.830% → −0.941%
$11.06
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$5.05
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Ondo 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective US500/USDC PERP−0.0220%1h7,665.8−2.175%$7K$10852xas long as short
QFEX US500-USD−0.0033%1h7,771.5−0.826%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,766.9−0.885%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770.1−0.844%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,744.6−1.170%$17.5M$9.6Mas long as short
Bullet US500-USD0.0000%1h7,770.2−0.843%$13K$104K10xas long as short
Lighter US500+0.0032%1h7,769.5−0.852%$2.0M$28.8M50xas long as short
Extended SPX500m-USD+0.0032%1h7,771.4−0.828%$3.2M$14.6M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,739.8−1.231%$1.6M$7.2M25xas long as short
Vest SPX-USD-PERPlong+0.0046%1h7,836.3long leg$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,772.5−0.814%$625K$528K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,768.6−0.863%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,770.8−0.835%$431.9M$234.2M50xas long as short
Polymarket Perps SP500-USD+0.0050%1h7,769.6−0.851%$9.1M$2.3M50xas long as short
SoDEX US500-USD+0.0050%1h7,770.5−0.839%$1.1M$69K20xas long as short
Ondo Perps US500-USD.Pshort+0.0050%1h7,771.2−0.830%$9.5M$7.9M25x
Pacifica SP500+0.0100%1h7,770.2−0.843%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0221%1h7,767.6−0.876%$504$27K10xas long as short