Funding you earn now, next payment 06:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against Coinbase International+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPY-PERP-INTX | 773.77 | 0.0032 | pay 0.0004% / 1h | 58m 00s | $950K | $556K | 20x |
| Short | Aevo SPY-PERP | 773.83 | 0.0104 | get 0.0013% / 1h | 58m 00s | $87K | — | 10x |
Coinbase International SPY-PERP-INTX
Aevo SPY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Coinbase International. 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
- $15.12
- Price spread: +0.008% → 0.000%
- $0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$10.05
- Costs to cover
- 0.260%
- Break-even
- 11.7 days
Slippage unknown: Coinbase International: live order book, 50 min ago; Aevo: 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 Coinbase International live order book, 50 min ago | 0.06 bp | 5.5 bp −$5 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0120% | 8h | 774.10 | +0.043% | $418K | $473K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0110% | 1h | 773.39 | −0.049% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.98 | +0.027% | $161K | $294K | 20x | as long as short |
| Nado SPY-PERP | −0.0046% | 1h | 774.23 | +0.060% | $1.6M | $259K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.20 | +0.056% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.38 | +0.079% | $28.6M | $79.0M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.27 | +0.065% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.33 | +0.072% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.27 | +0.065% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.37 | +0.078% | $29.7M | $11.9M | 100x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Nado SPY-PERP
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.56 | +0.102% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.57 | +0.103% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.56 | +0.231% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.24 | +0.061% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.82 | +0.136% | $300K | $38K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0018% | 1h | 773.56 | −0.027% | $4.7M | $832K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.76 | +0.128% | $56.2M | $116.8M | 50x | as long as short |
| Coinbase International SPY-PERP-INTXlong | +0.0032% | 1h | 773.77 | long leg | $950K | $556K | 20x | |
| Arcus SPY-USD | +0.0040% | 1h | 773.60 | −0.022% | $928K | $1.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0043% | 1h | 774.67 | +0.117% | $7.0M | $4.3M | 25x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.45 | −0.041% | — | $123K | 50x | as long as short |
| Lighter SPY | +0.0056% | 1h | 774.52 | +0.097% | $8.1M | $18.5M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.75 | −0.003% | $2.5M | $985K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.32 | +0.071% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 773.83 | +0.008% | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.42 | +0.085% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0347% | 4h | 774.40 | +0.082% | $640K | $243K | 20x | as long as short |
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Ondo Perps SPY-USD.P
Lighter RH SPY
Arcus SPY-USD
RISEx SPY/USDC
Vest SPY-USD-PERP
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC