Funding you earn now, next payment 05:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Vest−0.838%7-day average −0.950% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.046%−$5 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now −0.838%, 7d avg −0.950%
=Together, before fees−0.142%+ Points / potential airdropVest: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.113% dearer against Vest than usual: you sell high and buy low (spread −0.838% now, against its 7-day average of −0.950%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPX-USD-PERP | 7,832 | 0.0046 | pay 0.0006% / 1h | 5m 20s | — | $4.3M | 50x |
| Short | QFEX US500-USD | 7,766.4 | −0.0030 | pay 0.0004% / 1h | 5m 20s | $11.9M | $3.2M | 30x |
Vest SPX-USD-PERP
QFEX US500-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Vest. 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
- −$15.91
- Price spread: −0.838% → −0.950%
- $11.28
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.63
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 1.93 bp | 6.9 bp −$7 | 11.3 bp −$113 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −0.0220% | 1h | 7,665.4 | −2.127% | $7K | $108 | 52x | as long as short |
| QFEX US500-USDshort | −0.0030% | 1h | 7,766.4 | −0.838% | $11.9M | $3.2M | 30x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,768.7 | −0.808% | $141K | $230K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,768.8 | −0.807% | $7.2M | $776K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,740.5 | −1.168% | $17.6M | $9.5M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,766.4 | −0.837% | $13K | $105K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765 | −0.855% | $2.1M | $28.7M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,766.9 | −0.831% | $3.2M | $14.9M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,738.2 | −1.198% | $1.6M | $7.0M | 25x | as long as short |
| Vest SPX-USD-PERPlong | +0.0046% | 1h | 7,832 | long leg | — | $4.3M | 50x |
Injective US500/USDC PERP
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.2 | −0.815% | $584K | $486K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,764.6 | −0.861% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,766.4 | −0.838% | $431.5M | $236.6M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.4 | −0.850% | $9.0M | $2.2M | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.5 | −0.836% | $1.1M | $69K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,767.3 | −0.826% | $9.5M | $7.8M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.1 | −0.829% | $261K | $177K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0221% | 1h | 7,764.9 | −0.857% | $596 | $25K | 10x | 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
Aftermath Perps US500USD