Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo+0.072%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.072% dearer against Aevo than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SPY-PERP | 774.00 | 0.0104 | pay 0.0013% / 1h | 34m 49s | $87K | — | 10x |
| Short | Orderly PERP_SPY_USDC_mythos | 774.56 | 0.0100 | get 0.0100% / 8h | 7h 34m | $1K | — | 20x |
Aevo SPY-PERP
Orderly PERP_SPY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aevo. 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
- −$0.84
- Price spread: +0.072% → 0.000%
- $7.19
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.65
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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.
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0104% | 8h | 774.60 | +0.077% | $413K | $571K | 50x | as long as short |
| Arcus SPY-USD | −0.0016% | 1h | 773.68 | −0.042% | $938K | $1.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.67 | +0.086% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.15 | +0.019% | $774K | $2.3M | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.69 | +0.218% | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.76 | +0.098% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.38 | +0.049% | $863K | $204K | 20x | as long as short |
| OKX SPY-USDT-SWAP | +0.0004% | 8h | 774.60 | +0.077% | $7.9M | $3.3M | 50x | as long as short |
| MEXC SPY_USDT | +0.0015% | 8h | 774.57 | +0.073% | $29.3M | $11.6M | 100x | as long as short |
| Binance SPYUSDT | +0.0016% | 8h | 774.57 | +0.073% | $28.5M | $81.2M | 50x | as long as short |
BloFin SPY-USDT
Arcus SPY-USD
Bybit SPYUSDT
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
Aster SPYUSDT
OKX SPY-USDT-SWAP
MEXC SPY_USDT
Binance SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.21 | +0.027% | $8.2M | $21.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.69 | +0.089% | $57.3M | $113.6M | 50x | as long as short |
| GRVT SPY_USDT_Perp | +0.0034% | 8h | 774.68 | +0.087% | $168K | $398K | 10x | as long as short |
| Bitget SPYUSDT | +0.0038% | 8h | 774.60 | +0.077% | $11.0M | $2.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.23 | −0.100% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.59 | −0.053% | $4.8M | $847K | 20x | as long as short |
| Phoenix SPY | +0.0062% | 1h | 773.85 | −0.020% | $161K | $296K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.00 | 0.000% | $954K | $554K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0086% | 1h | 774.23 | +0.029% | $23K | $55K | 20x | as long as short |
| Nado SPY-PERP | +0.0095% | 1h | 774.12 | +0.015% | $1.5M | $282K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.90 | −0.013% | $2.5M | $949K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.96 | −0.006% | $159K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythosshort | +0.0100% | 8h | 774.56 | +0.072% | $1K | — | 20x | |
| Aevo SPY-PERPlong | +0.0104% | 1h | 774.00 | long leg | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.60 | +0.076% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0320% | 1h | 774.68 | +0.087% | $6.9M | $5.2M | 25x | as long as short |
| edgeX SPYUSDC | +0.0724% | 4h | 774.41 | +0.052% | $640K | $241K | 20x | as long as short |
Lighter SPY
Lighter RH SPY
GRVT SPY_USDT_Perp
Bitget SPYUSDT
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Phoenix SPY
Coinbase International SPY-PERP-INTX
Deribit SPY_USDC-PERPETUAL
Nado SPY-PERP
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC