Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG764.49+0.0708pay 0.0354% / 4h4m 40s$626K$218K20xLong edgeX
SHORT765.08−0.0050pay 0.0050% / 8h4h 04m$910K$1.9M—Short BingX
Price gap+0.077%55s
Funding gap−0.0758% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $23 a day and eats that in about 5 hours. At the last 7 days' pace that is about 11 hours.

The two prices were read 55 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$76−0.0758% /8h now · paid −0.759% over the last 7D
Price—spread +0.077%55s now · prices read too far apart to compare
Costs−$290.294% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.077%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPY on 28 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • OK: Fits both order books9.6 / 5.1 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + —
    edgeX 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$22.73Long edgeX: 6 payments, −$21.23; short BingX: 3 payments, −$1.50.
  • Watch: Prices read 55 s apart+0.077% vs +0.025%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$626K vs $910K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCedgeX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0361%/8h × 21 periods−$75.89
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$10.41
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$105.30
price spread not counted: prices read too far apart
Costs to cover0.294%Break-evennever at this rate
Slippage: edgeX: live order book, 8 min ago; BingX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX5.109.6 bp−$1010.3 bp−$103doesn’t fitdoesn’t fit
SELL · SHORTBingX0.065.1 bp−$55.7 bp−$578.7 bp−$86618.4 bp−$9,189

Closing costs about the same again.

Alert

SPY news

posts that mention SPY or SPDR S&P 500 ETF, from every exchangeSearch all news →
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-23 18:00Vest MarketsOtherThe Nasdaq is giving back part of its record run, with $QQQ down around 0.8% and $SPY down around 0.6% on the session. The 10-year yield is at 5.12%, its highest since 2007, with S&P Global's flash composite PMI at 58.4 from 56, the strongest since July 2021. Trade $QQQ and $SPY volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-21 18:04PhoenixOtherSPY and QQQ perps now trade 24/7 on Phoenix, weekends included. Trade equities on-chain with USDC or SOL: @PhoenixTrade on X ↗
09-21 16:05AevoContestbitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market SPY/USD ($SPY) seen by our collector
09-18 19:30BinanceOtherSPY bStock (SPYB) dividends are now in your Spot Wallet ✅ If you were holding tokens before 18 Sep 2026, your dividend should now be available. → $1.88 USD dividend per share → Distributed as additional SPYB Thank you for being part of Binance bStocks. 🫡 @binance on X ↗