Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Gate−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.218%+$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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPY_USDT | 773.95 | 0 | get 0.0000% / 8h | 5h 35m | $780K | $2.4M | 75x |
| Short | Aevo SPY-PERP | 773.88 | 0.0104 | get 0.0013% / 1h | 35m 41s | $87K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Gate. 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
- $21.84
- Price spread: −0.009% → 0.000%
- −$0.87
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$10.03
- Costs to cover
- 0.310%
- Break-even
- 10.2 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 2.71 bp | 11.4 bp −$11 | 15.9 bp −$159 | 65.9 bp −$6,587 | 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 | −0.0110% | 8h | 774.43 | +0.062% | $417K | $470K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0058% | 1h | 773.21 | −0.096% | $162K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0021% | 1h | 773.76 | −0.025% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.49 | +0.070% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.41 | +0.059% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDTlong | 0.0000% | 8h | 773.95 | long leg | $780K | $2.4M | 75x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.53 | +0.075% | $10.9M | $2.0M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.45 | +0.065% | $162K | $375K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.60 | +0.213% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.05 | +0.013% | $23K | $55K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.57 | +0.080% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0005% | 8h | 774.45 | +0.064% | $863K | $203K | 20x | as long as short |
| MEXC SPY_USDT | +0.0010% | 8h | 774.46 | +0.066% | $22.6M | $11.9M | 100x | as long as short |
| Binance SPYUSDT | +0.0010% | 8h | 774.47 | +0.067% | $28.3M | $80.0M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.54 | −0.053% | $935K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.24 | −0.092% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0049% | 1h | 773.96 | +0.001% | $1.5M | $288K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.51 | −0.057% | $4.8M | $842K | 20x | as long as short |
| Lighter SPY | +0.0056% | 1h | 774.39 | +0.057% | $8.3M | $21.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | +0.013% | $954K | $552K | 20x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.63 | +0.088% | $6.9M | $5.0M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.70 | −0.032% | $2.5M | $975K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.36 | +0.053% | $1K | — | 20x | as long as short |
| Lighter RH SPY | +0.0104% | 1h | 774.79 | +0.109% | $56.6M | $113.8M | 50x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 773.88 | −0.009% | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.49 | +0.069% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0740% | 4h | 774.27 | +0.041% | $640K | $241K | 20x | as long as short |
Gate SPY_USDT
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Aster SPYUSDT
MEXC SPY_USDT
Binance SPYUSDT
Lighter SPY
Coinbase International SPY-PERP-INTX
RISEx SPY/USDC
KuCoin SPYUSDTM
Lighter RH SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC