Funding you earn now, next payment 00:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h +0.122%
Price spread now: Aster against edgeX+0.010%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs+$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.914%+$91 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.010%, 7d avg +0.020%
=Together, before fees+0.945%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$95 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.914%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SPYUSDC | 773.96 | 0.0476 | pay 0.0238% / 4h | 1h 31m | $639K | $241K | 20x |
| Short | Aster SPYUSDT | 774.04 | 0 | get 0.0000% / 8h | 1h 31m | $862K | $269K | 20x |
edgeX SPYUSDC
Aster SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. 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
- −$99.96
- Price spread: +0.010% → +0.020%
- −$0.98
- Slippage, 4 orders
- −$12.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$130.55
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 53 min ago; Aster: live order book, 52 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 edgeX live order book, 53 min ago | 5.17 bp | 9.7 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Aster live order book, 52 min ago | 0.13 bp | 5.9 bp −$6 | 6.5 bp −$65 | 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 | 774.06 | +0.013% | $413K | $704K | 50x | as long as short |
| Arcus SPY-USD | −0.0112% | 1h | 773.15 | −0.105% | $945K | $1.4M | 50x | as long as short |
| Phoenix SPY | −0.0041% | 1h | 773.50 | −0.059% | $161K | $296K | 20x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 774.04 | +0.010% | $862K | $269K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.08 | +0.016% | $28.2M | $83.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.24 | +0.036% | $6.2M | $2.1M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.17 | +0.027% | $7.9M | $3.4M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.50 | −0.059% | $746K | $2.2M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.06 | +0.013% | $26.0M | $12.3M | 100x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.15 | +0.025% | $157K | $430K | 10x | as long as short |
BloFin SPY-USDT
Arcus SPY-USD
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
GRVT SPY_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 775.12 | +0.150% | $2K | $1.6M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.09 | +0.017% | $308K | $20K | 50x | as long as short |
| Bitget SPYUSDT | +0.0031% | 8h | 774.22 | +0.034% | $10.8M | $2.9M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.01 | +0.007% | $8.6M | $22.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.44 | +0.062% | $56.8M | $121.2M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.02 | −0.121% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.29 | −0.086% | $4.8M | $919K | 20x | as long as short |
| Nado SPY-PERP | +0.0062% | 1h | 773.76 | −0.026% | $1.5M | $309K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 773.52 | −0.057% | $955K | $648K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0099% | 1h | 774.00 | +0.005% | $23K | $75K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.52 | −0.057% | $2.5M | $982K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.76 | −0.026% | $154K | $20K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.09 | +0.017% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.57 | −0.051% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0204% | 1h | 774.23 | +0.034% | $6.9M | $5.4M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.05 | +0.012% | $10K | — | 26x | as long as short |
| edgeX SPYUSDClong | +0.0476% | 4h | 773.96 | long leg | $639K | $241K | 20x |
SunX SPY-USDT
HTX SPY-USDT
Bitget SPYUSDT
Lighter SPY
Lighter RH SPY
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Nado SPY-PERP
Coinbase International SPY-PERP-INTX
Deribit SPY_USDC-PERPETUAL
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]