Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.045%
Price spread now: Aster against Gate+0.036%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.036%, 7d avg +0.036%
=Together, before fees+0.091%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPY_USDT | 773.81 | 0 | get 0.0000% / 8h | 2h 21m | $770K | $2.4M | 75x |
| Short | Aster SPYUSDT | 774.09 | 0 | get 0.0000% / 8h | 2h 21m | $864K | $195K | 20x |
Gate SPY_USDT
Aster SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $0
- Price spread: +0.036% → +0.036%
- −$0.05
- Slippage, 4 orders
- −$11.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$34.52
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 26 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 Gate live order book, 1 min ago | 2.97 bp | 11.7 bp −$12 | 15.0 bp −$150 | 59.0 bp −$5,905 | doesn't fit |
| Sell Aster live order book, 26 min ago | 0.45 bp | 4.6 bp −$5 | 5.2 bp −$52 | 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 | 774.09 | +0.036% | $416K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.59 | −0.028% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0043% | 1h | 774.04 | +0.029% | $1.6M | $262K | 20x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 774.09 | +0.036% | $864K | $195K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.27 | +0.059% | $28.5M | $79.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.15 | +0.044% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.12 | +0.040% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDTlong | 0.0000% | 8h | 773.81 | long leg | $770K | $2.4M | 75x | |
| MEXC SPY_USDT | 0.0000% | 8h | 774.26 | +0.058% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.34 | +0.068% | $10.9M | $1.8M | 50x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.22 | +0.053% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.40 | +0.205% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.08 | +0.035% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.12 | +0.040% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.47 | +0.085% | $7.0M | $4.5M | 25x | as long as short |
| Ondo Perps SPY-USD.P | +0.0024% | 1h | 773.19 | −0.080% | $4.7M | $831K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.44 | −0.048% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.26 | −0.071% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.68 | +0.112% | $56.1M | $118.7M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.88 | +0.009% | $951K | $556K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0076% | 1h | 773.48 | −0.043% | $164K | $25K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.52 | −0.037% | $2.5M | $983K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.08 | +0.035% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.65 | −0.020% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0128% | 1h | 774.37 | +0.072% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.23 | +0.054% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0859% | 4h | 774.08 | +0.035% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
Ondo Perps SPY-USD.P
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC