Funding you earn now, next payment 04:00 UTC−0.0462%/8h= −50.6% APRpaid last 24h −0.015%
Price spread now: SunX against edgeX+0.149%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2562.557% of the position
Funding, last 7 days+0.766%+$77 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.149%, 7d avg +0.157%
=Together, before fees+0.812%+ Points / potential airdropedgeX: Active · farm board+$81 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.157%, 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 +0.766%, 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 | 774.19 | 0.0462 | pay 0.0231% / 4h | 16m 41s | $640K | $242K | 20x |
| Short | SunX SPY-USDT | 775.34 | 0 | get 0.0000% / 8h | 4h 16m | $2K | $1.4M | 10x |
edgeX SPYUSDC
SunX SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$97.09
- Price spread: +0.149% → +0.157%
- −$0.88
- Slippage, 4 orders
- −$238.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$353.69
- Costs to cover
- 2.557%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; SunX: live order book, 8 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, 42 min ago | 5.10 bp | 9.6 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 29.08 bp | 128.9 bp −$129 | doesn't fit | 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 | −0.0116% | 8h | 774.32 | +0.017% | $418K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0029% | 1h | 773.00 | −0.154% | $162K | $24K | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.26 | +0.009% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.38 | +0.025% | $7.9M | $3.2M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.89 | −0.039% | $775K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.48 | +0.038% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.39 | +0.026% | $163K | $374K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.73 | −0.059% | $161K | $295K | 20x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.34 | +0.149% | $2K | $1.4M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.96 | −0.030% | $23K | $56K | 20x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
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 | 774.65 | +0.059% | $308K | $20K | 50x | as long as short |
| Binance SPYUSDT | +0.0004% | 8h | 774.33 | +0.018% | $28.2M | $79.9M | 50x | as long as short |
| MEXC SPY_USDT | +0.0004% | 8h | 774.32 | +0.017% | $26.8M | $12.1M | 100x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.63 | −0.072% | $935K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.16 | −0.133% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.63 | −0.072% | $4.8M | $830K | 20x | as long as short |
| Aster SPYUSDT | +0.0051% | 8h | 774.43 | +0.031% | $865K | $196K | 20x | as long as short |
| Lighter RH SPY | +0.0064% | 1h | 774.64 | +0.058% | $56.5M | $115.1M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.05 | −0.018% | $954K | $552K | 20x | as long as short |
| Nado SPY-PERP | +0.0073% | 1h | 773.98 | −0.026% | $1.5M | $280K | 20x | as long as short |
| Lighter SPY | +0.0080% | 1h | 774.40 | +0.027% | $8.3M | $19.5M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.73 | −0.059% | $2.5M | $978K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.22 | +0.004% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.72 | −0.060% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0173% | 1h | 774.47 | +0.037% | $7.0M | $5.0M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.33 | +0.017% | $10K | — | 26x | as long as short |
| edgeX SPYUSDClong | +0.0462% | 4h | 774.19 | long leg | $640K | $242K | 20x |
HTX SPY-USDT
Binance SPYUSDT
MEXC SPY_USDT
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Aster SPYUSDT
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]