Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Aster−0.006%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$140.138% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.006%, 7d avg −0.005%
=Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPYUSDT | 774.38 | 0 | get 0.0000% / 8h | 6h 02m | $863K | $203K | 20x |
| Short | MEXC SPY_USDT | 774.34 | 0.0008 | get 0.0008% / 8h | 6h 02m | $21.1M | $12.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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
- $1.68
- Price spread: −0.006% → −0.005%
- −$0.07
- Slippage, 4 orders
- −$5.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$12.18
- Costs to cover
- 0.138%
- Break-even
- 57.7 days
Slippage from Aster: live order book, 65 min ago; MEXC: live order book, 1 min ago.
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 Aster live order book, 65 min ago | 0.45 bp | 7.1 bp −$7 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$11 | 1.6 bp −$824 |
SPY on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SPYUSDTlong | 0.0000% | 8h | 774.38 | long leg | $863K | $203K | 20x | |
| Bybit SPYUSDT | 0.0000% | 8h | 774.32 | −0.008% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.41 | +0.003% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.85 | −0.069% | $780K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.49 | +0.014% | $10.9M | $2.0M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.40 | +0.002% | $161K | $379K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.47 | +0.140% | $2K | $1.4M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.59 | +0.027% | $308K | $20K | 50x | as long as short |
| Binance SPYUSDT | +0.0007% | 8h | 774.33 | −0.006% | $28.4M | $80.0M | 50x | as long as short |
| MEXC SPY_USDTshort | +0.0008% | 8h | 774.34 | −0.006% | $21.1M | $12.1M | 100x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.25 | −0.017% | $8.3M | $21.4M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.41 | −0.126% | $935K | $1.3M | 50x | as long as short |
| Phoenix SPY | +0.0041% | 1h | 773.79 | −0.077% | $161K | $296K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.19 | −0.154% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.58 | −0.104% | $4.8M | $841K | 20x | as long as short |
| Nado SPY-PERP | +0.0078% | 1h | 773.98 | −0.052% | $1.5M | $288K | 20x | as long as short |
| Lighter RH SPY | +0.0080% | 1h | 774.76 | +0.049% | $56.7M | $115.0M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0086% | 1h | 774.12 | −0.034% | $23K | $55K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 773.74 | −0.083% | $954K | $552K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.58 | −0.104% | $2.5M | $967K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.92 | −0.060% | $160K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.30 | −0.011% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.72 | −0.085% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0190% | 1h | 774.44 | +0.007% | $7.0M | $5.2M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.35 | −0.005% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0688% | 4h | 774.21 | −0.022% | $640K | $241K | 20x | as long as short |
Aster SPYUSDT
MEXC SPY_USDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
Binance SPYUSDT
Lighter SPY
Phoenix SPY
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC