Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate+0.209%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2602.597% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.209%, 7d avg +0.173%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.037% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPY_USDT | 773.85 | 0 | get 0.0000% / 8h | 6h 03m | $780K | $2.4M | 75x |
| Short | SunX SPY-USDT | 775.47 | 0 | get 0.0000% / 8h | 6h 03m | $2K | $1.4M | 10x |
Gate SPY_USDT
SunX SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.209% → +0.173%
- $3.67
- Slippage, 4 orders
- −$236.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$256.07
- Costs to cover
- 2.597%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 12 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, 5 min ago | 2.71 bp | 10.9 bp −$11 | 15.8 bp −$158 | 65.8 bp −$6,578 | doesn't fit |
| Sell SunX live order book, 12 min ago | 29.08 bp | 128.8 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
SPY on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SPYUSDT | 0.0000% | 8h | 774.43 | +0.074% | $863K | $203K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.31 | +0.059% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.41 | +0.072% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDTlong | 0.0000% | 8h | 773.85 | long leg | $780K | $2.4M | 75x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.51 | +0.085% | $10.9M | $2.0M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.40 | +0.071% | $161K | $379K | 10x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.47 | +0.209% | $2K | $1.4M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.59 | +0.096% | $308K | $20K | 50x | as long as short |
| Binance SPYUSDT | +0.0007% | 8h | 774.31 | +0.060% | $28.4M | $80.0M | 50x | as long as short |
| MEXC SPY_USDT | +0.0008% | 8h | 774.33 | +0.062% | $21.1M | $12.1M | 100x | as long as short |
Aster SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Bitget SPYUSDT
GRVT SPY_USDT_Perp
HTX SPY-USDT
Binance SPYUSDT
MEXC SPY_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.25 | +0.052% | $8.3M | $21.4M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.41 | −0.057% | $935K | $1.3M | 50x | as long as short |
| Phoenix SPY | +0.0041% | 1h | 773.79 | −0.008% | $161K | $296K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.19 | −0.085% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.58 | −0.035% | $4.8M | $841K | 20x | as long as short |
| Nado SPY-PERP | +0.0078% | 1h | 773.98 | +0.017% | $1.5M | $288K | 20x | as long as short |
| Lighter RH SPY | +0.0080% | 1h | 774.76 | +0.118% | $56.7M | $115.0M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0086% | 1h | 774.12 | +0.035% | $23K | $55K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 773.74 | −0.014% | $954K | $552K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.59 | −0.034% | $2.5M | $967K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.92 | +0.009% | $160K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.30 | +0.058% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.72 | −0.016% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0190% | 1h | 774.44 | +0.076% | $7.0M | $5.2M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.35 | +0.064% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0688% | 4h | 774.21 | +0.047% | $640K | $241K | 20x | as long as short |
Lighter SPY
Arcus SPY-USD
Phoenix SPY
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Nado SPY-PERP
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC