Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h −0.077%
Price spread now: edgeX against HTX−0.038%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.829%−$83 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now −0.038%, 7d avg −0.048%
=Together, before fees−0.878%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.829%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 774.33 | 0 | get 0.0000% / 8h | 2h 08m | $308K | $20K | 50x |
| Short | edgeX SPYUSDC | 774.03 | 0.0142 | get 0.0071% / 4h | 2h 08m | $640K | $240K | 20x |
HTX SPY-USDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against HTX. 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
- $29.9
- Price spread: −0.038% → −0.048%
- $0.91
- Slippage, 4 orders
- −$19.41
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.6
- Costs to cover
- 0.404%
- Break-even
- 9.2 days
Slippage from HTX: live order book, 13 min ago; edgeX: live order book, 15 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 HTX live order book, 13 min ago | 2.45 bp | 8.5 bp −$8 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 15 min ago | 5.17 bp | 9.7 bp −$10 | 10.5 bp −$105 | 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 | 774.03 | −0.039% | $414K | $722K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.89 | −0.057% | $862K | $269K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.04 | −0.037% | $28.4M | $87.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.12 | −0.027% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.07 | −0.034% | $8.0M | $3.6M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.40 | −0.120% | $746K | $2.2M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.04 | −0.037% | $25.4M | $12.1M | 100x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.08 | −0.032% | $157K | $454K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.45 | −0.114% | $161K | $296K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.10 | +0.099% | $2K | $1.6M | 10x | as long as short |
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
GRVT SPY_USDT_Perp
Phoenix SPY
SunX SPY-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDTlong | 0.0000% | 8h | 774.33 | long leg | $308K | $20K | 50x | |
| Nado SPY-PERP | +0.0018% | 1h | 773.47 | −0.111% | $1.5M | $314K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.80 | −0.068% | $8.8M | $22.2M | 50x | as long as short |
| Lighter RH SPY | +0.0040% | 1h | 774.29 | −0.005% | $56.5M | $123.6M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.21 | −0.145% | $951K | $1.3M | 50x | as long as short |
| Bitget SPYUSDT | +0.0042% | 8h | 774.29 | −0.005% | $10.8M | $3.1M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.80 | −0.198% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.17 | −0.150% | $4.8M | $917K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 773.52 | −0.105% | $955K | $653K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.39 | −0.121% | $2.5M | $985K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.56 | −0.099% | $154K | $16K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.06 | −0.035% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.58 | −0.097% | $87K | — | 10x | as long as short |
| edgeX SPYUSDCshort | +0.0142% | 4h | 774.03 | −0.038% | $640K | $240K | 20x | |
| Deribit SPY_USDC-PERPETUAL | +0.0151% | 1h | 773.94 | −0.050% | $22K | $75K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.04 | −0.037% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0232% | 1h | 774.19 | −0.018% | $6.9M | $5.5M | 25x | as long as short |
Nado SPY-PERP
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Bitget SPYUSDT
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC