Funding you earn now, next payment 08:00 UTC−0.0626%/8h= −68.6% APRpaid last 24h +0.018%
Price spread now: GRVT against edgeX+0.019%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs+$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days+0.916%+$92 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.019%, 7d avg +0.034%
=Together, before fees+0.923%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$92 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.916%, 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 | 774.36 | 0.0626 | pay 0.0313% / 4h | 1h 05m | $640K | $242K | 20x |
| Short | GRVT SPY_USDT_Perp | 774.51 | 0 | get 0.0000% / 8h | 1h 05m | $158K | $361K | 10x |
edgeX SPYUSDC
GRVT SPY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$131.5
- Price spread: +0.019% → +0.034%
- −$1.52
- Slippage, 4 orders
- −$14.37
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$165.39
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 min ago; GRVT: live order book, 37 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, 39 min ago | 5.17 bp | 9.7 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 37 min ago | 2.00 bp | 6.5 bp −$7 | 7.1 bp −$71 | 123.4 bp −$12.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0281% | 1h | 773.48 | −0.114% | $164K | $25K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.035% | $419K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0114% | 1h | 773.92 | −0.057% | $161K | $294K | 20x | as long as short |
| Nado SPY-PERP | −0.0027% | 1h | 774.17 | −0.024% | $1.6M | $251K | 20x | as long as short |
| Ondo Perps SPY-USD.P | −0.0006% | 1h | 773.70 | −0.085% | $4.8M | $871K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.40 | +0.005% | $864K | $198K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.39 | +0.004% | $28.7M | $78.3M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.21 | −0.020% | $6.2M | $1.7M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.37 | +0.001% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.83 | −0.069% | $770K | $2.5M | 75x | as long as short |
ApeX Omni SPYUSDT
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
Ondo Perps SPY-USD.P
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPY_USDT | 0.0000% | 8h | 774.39 | +0.004% | $29.7M | $11.9M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.52 | +0.020% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perpshort | 0.0000% | 8h | 774.51 | +0.019% | $158K | $361K | 10x | |
| SunX SPY-USDT | 0.0000% | 8h | 775.60 | +0.160% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.17 | −0.025% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.81 | +0.058% | $300K | $38K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.44 | +0.010% | $8.2M | $18.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.67 | +0.040% | $56.7M | $120.7M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0032% | 1h | 773.92 | −0.057% | $950K | $531K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.62 | −0.096% | $927K | $1.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0043% | 1h | 774.61 | +0.032% | $7.1M | $4.1M | 25x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.37 | −0.128% | — | $123K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.62 | −0.096% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.31 | −0.007% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.88 | −0.063% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.39 | +0.004% | $10K | — | 26x | as long as short |
| edgeX SPYUSDClong | +0.0626% | 4h | 774.36 | long leg | $640K | $242K | 20x |
MEXC SPY_USDT
Bitget SPYUSDT
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Arcus SPY-USD
RISEx SPY/USDC
Vest SPY-USD-PERP
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]