Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against HTX−0.205%7-day average −0.131% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.011%+$1 · spread now −0.205%, 7d avg −0.131%
=Together, before fees+0.053%+ Points / potential airdropVest: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.074% cheaper against HTX than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.131%). If the spread goes back, that is −$7 on $10k: about 5.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 774.37 | 0 | get 0.0000% / 8h | 2h 00m | $308K | $20K | 50x |
| Short | Vest SPY-USD-PERP | 772.78 | 0.0046 | get 0.0006% / 1h | 0m 11s | — | $123K | 50x |
HTX SPY-USDT
Vest SPY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: −0.205% → −0.131%
- −$7.43
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$11.84
- Costs to cover
- 0.140%
- Break-even
- 15.6 days
Slippage unknown: HTX: live order book, 22 min ago; Vest: 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 HTX live order book, 22 min ago | 2.45 bp | 8.5 bp −$8 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0120% | 8h | 774.05 | −0.041% | $415K | $727K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.88 | −0.064% | $862K | $269K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.99 | −0.049% | $28.4M | $86.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.12 | −0.032% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.02 | −0.045% | $8.0M | $3.6M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.39 | −0.127% | $746K | $2.2M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.00 | −0.048% | $25.4M | $12.1M | 100x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.09 | −0.037% | $157K | $454K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.42 | −0.123% | $161K | $296K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.06 | +0.089% | $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 | 774.37 | long leg | $308K | $20K | 50x | |
| Nado SPY-PERP | +0.0025% | 1h | 773.48 | −0.115% | $1.5M | $312K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.81 | −0.072% | $8.8M | $22.2M | 50x | as long as short |
| Lighter RH SPY | +0.0040% | 1h | 774.31 | −0.008% | $56.5M | $123.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.20 | −0.151% | $951K | $1.3M | 50x | as long as short |
| Bitget SPYUSDT | +0.0042% | 8h | 774.06 | −0.040% | $10.8M | $3.1M | 50x | as long as short |
| Vest SPY-USD-PERPshort | +0.0046% | 1h | 772.78 | −0.205% | — | $123K | 50x | |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.19 | −0.152% | $4.8M | $917K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0086% | 1h | 773.89 | −0.062% | $22K | $75K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 773.52 | −0.110% | $955K | $653K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.42 | −0.123% | $2.5M | $986K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.57 | −0.103% | $154K | $16K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.05 | −0.041% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.56 | −0.104% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.00 | −0.047% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0232% | 1h | 774.17 | −0.026% | $6.9M | $5.5M | 25x | as long as short |
| edgeX SPYUSDC | +0.0815% | 4h | 774.01 | −0.046% | $640K | $241K | 20x | as long as short |
Nado SPY-PERP
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Bitget SPYUSDT
Ondo Perps SPY-USD.P
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC