Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against GRVT−0.016%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.016%, 7d avg −0.014%
=Together, before fees−0.011%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SPY_USDT_Perp | 774.32 | 0 | get 0.0000% / 8h | 2h 16m | $169K | $350K | 10x |
| Short | Aster SPYUSDT | 774.20 | 0 | get 0.0000% / 8h | 2h 16m | $864K | $195K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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: −0.016% → −0.014%
- −$0.14
- Slippage, 4 orders
- −$6.17
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.3
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 31 min ago; Aster: live order book, 31 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 GRVT live order book, 31 min ago | 2.00 bp | 6.5 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 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 | −0.030% | $417K | $473K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.72 | −0.078% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0048% | 1h | 774.14 | −0.023% | $1.6M | $261K | 20x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 774.20 | −0.016% | $864K | $195K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.36 | +0.004% | $28.5M | $79.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.24 | −0.010% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.28 | −0.005% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.93 | −0.051% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.36 | +0.005% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.49 | +0.022% | $10.9M | $1.8M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perplong | 0.0000% | 8h | 774.32 | long leg | $169K | $350K | 10x | |
| SunX SPY-USDT | 0.0000% | 8h | 775.50 | +0.152% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.22 | −0.013% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.38 | +0.008% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.61 | +0.037% | $7.0M | $4.5M | 25x | as long as short |
| Ondo Perps SPY-USD.P | +0.0026% | 1h | 773.39 | −0.120% | $4.7M | $830K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.52 | −0.103% | $927K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.36 | −0.124% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.79 | +0.061% | $56.3M | $119.3M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.77 | −0.071% | $950K | $558K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0052% | 1h | 773.28 | −0.134% | $164K | $25K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.48 | −0.109% | $2.5M | $985K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.27 | −0.007% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.84 | −0.063% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 774.52 | +0.026% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.38 | +0.007% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0599% | 4h | 774.13 | −0.025% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
Aster SPYUSDT
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
KuCoin SPYUSDTM
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC