Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against KuCoin+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.027% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPYUSDTM | 773.50 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $2.5M | $972K | 20x |
| Short | Aevo SPY-PERP | 773.71 | 0.0104 | get 0.0013% / 1h | 46m 15s | $87K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against KuCoin. 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
- $0.84
- Price spread: +0.027% → 0.000%
- $2.68
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$24.48
- Costs to cover
- 0.280%
- Break-even
- 211.0 days
Slippage unknown: KuCoin: live order book, 6 min ago; Aevo: 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 KuCoin live order book, 6 min ago | 2.97 bp | 13.3 bp −$13 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 774.13 | +0.081% | $416K | $468K | 50x | as long as short |
| Phoenix SPY | −0.0010% | 1h | 773.59 | +0.012% | $161K | $295K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.30 | +0.103% | $28.1M | $79.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.30 | +0.103% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.09 | +0.076% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.83 | +0.043% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.29 | +0.102% | $29.0M | $12.3M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.37 | +0.112% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.32 | +0.106% | $163K | $374K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.35 | +0.239% | $2K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.04 | +0.070% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.47 | +0.125% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0026% | 8h | 774.31 | +0.105% | $865K | $194K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.49 | −0.001% | $935K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.17 | −0.043% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.23 | −0.035% | $4.8M | $827K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | +0.071% | $954K | $552K | 20x | as long as short |
| Nado SPY-PERP | +0.0061% | 1h | 773.98 | +0.063% | $1.5M | $284K | 20x | as long as short |
| Lighter RH SPY | +0.0072% | 1h | 774.57 | +0.138% | $56.4M | $115.2M | 50x | as long as short |
| ApeX Omni SPYUSDT | +0.0075% | 1h | 773.48 | −0.003% | $163K | $24K | 50x | as long as short |
| Lighter SPY | +0.0096% | 1h | 774.31 | +0.105% | $8.2M | $19.2M | 50x | as long as short |
| KuCoin SPYUSDTMlong | +0.0100% | 8h | 773.50 | long leg | $2.5M | $972K | 20x | |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.19 | +0.089% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.43 | +0.120% | $7.0M | $5.0M | 25x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 773.71 | +0.027% | $87K | — | 10x | |
| edgeX SPYUSDC | +0.0154% | 4h | 774.02 | +0.067% | $640K | $242K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.29 | +0.103% | $10K | — | 26x | as long as short |
KuCoin SPYUSDTM
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Aster SPYUSDT
Coinbase International SPY-PERP-INTX
Lighter RH SPY
ApeX Omni SPYUSDT
Lighter SPY
RISEx SPY/USDC
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]