Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: SunX against Bitget+0.139%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2492.495% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.139%, 7d avg +0.131%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPYUSDT | 774.52 | 0 | get 0.0000% / 8h | 2h 13m | $10.9M | $1.8M | 50x |
| Short | SunX SPY-USDT | 775.60 | 0 | get 0.0000% / 8h | 2h 13m | $2K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- Price spread: +0.139% → +0.131%
- $0.82
- Slippage, 4 orders
- −$229.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$248.66
- Costs to cover
- 2.495%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; SunX: live order book, 11 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 Bitget live order book, just now | 0.06 bp | 6.5 bp −$6 | 8.5 bp −$85 | 12.1 bp −$1,206 | 16.7 bp −$8,347 |
| Sell SunX live order book, 11 min ago | 29.08 bp | 128.8 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0120% | 8h | 774.10 | −0.054% | $416K | $473K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.87 | −0.084% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0053% | 1h | 774.27 | −0.033% | $1.6M | $263K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.30 | −0.029% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.46 | −0.007% | $28.5M | $79.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.33 | −0.025% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.34 | −0.023% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.91 | −0.079% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.46 | −0.008% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDTlong | 0.0000% | 8h | 774.52 | long leg | $10.9M | $1.8M | 50x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.36 | −0.021% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.60 | +0.139% | $2K | $1.4M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.34 | −0.023% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.36 | −0.021% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.65 | +0.017% | $7.0M | $4.5M | 25x | as long as short |
| ApeX Omni SPYUSDT | +0.0021% | 1h | 773.14 | −0.178% | $164K | $25K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0027% | 1h | 773.42 | −0.142% | $4.7M | $832K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.64 | −0.114% | $927K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.49 | −0.133% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.92 | +0.052% | $56.3M | $119.5M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.77 | −0.097% | $950K | $558K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.65 | −0.112% | $2.5M | $988K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.37 | −0.019% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.88 | −0.082% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 774.61 | +0.012% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.47 | −0.007% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0370% | 4h | 774.25 | −0.035% | $640K | $243K | 20x | as long as short |
Bitget SPYUSDT
SunX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
ApeX Omni SPYUSDT
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC