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

SP500

RWAall SP500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Polymarket Perps against Vest−0.854%7-day average −0.955% · 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)−0.004%$0 on $10k
Price spread, last 7 days−0.070%−$7 · spread now −0.854%, 7d avg −0.955%
Together, before fees−0.074%+ Points / potential airdropVest: Active · farm board−$7 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: Polymarket Perps is 0.101% dearer against Vest than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.955%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SPX-USD-PERP7,831.50.0046pay 0.0006% / 1h40m 06s$4.3M50x
ShortPolymarket Perps SP500-USD7,764.60.0050get 0.0006% / 1h40m 06s$9.0M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$0.91
Price spread: −0.854% → −0.955%
$10.1
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$1.01
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 4 min ago. 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 Polymarket Perps live order book, 4 min ago0.06 bp4.8 bp −$55.3 bp −$536.0 bp −$59711.3 bp −$5,670
Vest: 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%1h7,664.2−2.136%$7K$10552xas long as short
QFEX US500-USD−0.0030%1h7,765.4−0.844%$11.9M$3.2M30xas long as short
OKX US500-USDT-SWAP0.0000%8h7,769.9−0.787%$141K$231K20xas long as short
Bitget SP500USDT0.0000%8h7,770.2−0.783%$7.2M$776K50xas long as short
Variational Omni US5000.0000%8h7,740.4−1.163%$17.5M$9.5Mas long as short
Bullet US500-USD0.0000%1h7,765.5−0.842%$13K$105K10xas long as short
Lighter US500+0.0032%1h7,764.2−0.859%$2.1M$28.5M50xas long as short
Extended SPX500m-USD+0.0032%1h7,766.4−0.831%$3.2M$14.9M25xas long as short
Markets by Kinetiq mkts:US500+0.0046%1h7,736.4−1.214%$1.6M$6.9M25xas long as short
Vest SPX-USD-PERPlong+0.0046%1h7,831.5long leg$4.3M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex US500USDT+0.0048%1h7,767.4−0.818%$584K$487K20xas long as short
Paradex US500-USD-PERP+0.0050%8h7,764.1−0.861%$43K5xas long as short
tradeXYZ xyz:SP500+0.0050%1h7,765.5−0.843%$431.5M$237.6M50xas long as short
Polymarket Perps SP500-USDshort+0.0050%1h7,764.6−0.854%$9.0M$2.3M50x
SoDEX US500-USD+0.0050%1h7,765.5−0.843%$1.1M$69K20xas long as short
Ondo Perps US500-USD.P+0.0050%1h7,766−0.836%$9.5M$7.7M25xas long as short
Pacifica SP500+0.0100%1h7,766.5−0.830%$261K$177K20xas long as short
Aftermath Perps US500USD+0.0261%1h7,764.9−0.851%$544$25K10xas long as short