Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.4% APRpaid last 24h +0.008%
Price spread now: edgeX against BloFin−0.014%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.559%−$56 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.014%, 7d avg −0.018%
=Together, before fees−0.600%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.559%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPY-USDT | 774.30 | −0.0117 | get 0.0117% / 8h | 4h 14m | $418K | $468K | 50x |
| Short | edgeX SPYUSDC | 774.19 | 0.0379 | get 0.0190% / 4h | 14m 40s | $640K | $242K | 20x |
BloFin SPY-USDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- $104.25
- Price spread: −0.014% → −0.018%
- $0.32
- Slippage, 4 orders
- −$10.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $73.14
- Costs to cover
- 0.314%
- Break-even
- 2.1 days
Slippage from BloFin: live order book, 21 min ago; edgeX: live order book, 44 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 BloFin live order book, 21 min ago | 0.06 bp | 6.1 bp −$6 | 6.4 bp −$64 | 9.0 bp −$897 | 15.2 bp −$7,599 |
| Sell edgeX live order book, 44 min ago | 5.10 bp | 9.7 bp −$10 | 10.4 bp −$104 | 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-USDTlong | −0.0117% | 8h | 774.30 | long leg | $418K | $468K | 50x | |
| ApeX Omni SPYUSDT | −0.0034% | 1h | 773.48 | −0.106% | $163K | $24K | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.26 | −0.005% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.39 | +0.012% | $7.9M | $3.2M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.81 | −0.063% | $775K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.43 | +0.017% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.41 | +0.014% | $163K | $374K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.73 | −0.074% | $161K | $295K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.32 | +0.132% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.87 | −0.056% | $23K | $56K | 20x | as long as short |
ApeX Omni SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
SunX SPY-USDT
Deribit SPY_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.66 | +0.046% | $308K | $20K | 50x | as long as short |
| MEXC SPY_USDT | +0.0002% | 8h | 774.29 | −0.001% | $26.8M | $12.1M | 100x | as long as short |
| Binance SPYUSDT | +0.0002% | 8h | 774.30 | −0.001% | $28.2M | $79.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.63 | −0.087% | $935K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.10 | −0.155% | — | $123K | 50x | as long as short |
| Aster SPYUSDT | +0.0049% | 8h | 774.31 | +0.001% | $865K | $196K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.63 | −0.087% | $4.8M | $829K | 20x | as long as short |
| Lighter RH SPY | +0.0064% | 1h | 774.57 | +0.035% | $56.5M | $115.2M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.05 | −0.032% | $954K | $552K | 20x | as long as short |
| Nado SPY-PERP | +0.0072% | 1h | 773.94 | −0.047% | $1.5M | $280K | 20x | as long as short |
| Lighter SPY | +0.0080% | 1h | 774.28 | −0.003% | $8.3M | $19.6M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.72 | −0.075% | $2.5M | $979K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.22 | −0.010% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.72 | −0.075% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0173% | 1h | 774.38 | +0.010% | $7.0M | $5.0M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.30 | +0.001% | $10K | — | 26x | as long as short |
| edgeX SPYUSDCshort | +0.0379% | 4h | 774.19 | −0.014% | $640K | $242K | 20x |
HTX SPY-USDT
MEXC SPY_USDT
Binance SPYUSDT
Arcus SPY-USD
Vest SPY-USD-PERP
Aster SPYUSDT
Ondo Perps SPY-USD.P
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Nado SPY-PERP
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]