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: Orderly against KuCoin+0.083%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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: Orderly is 0.083% dearer against KuCoin than usual: you sell high and buy low, +$8 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 | 773.69 | 0.0100 | pay 0.0100% / 8h | 4h 39m | $2.5M | $977K | 20x |
| Short | Orderly PERP_SPY_USDC_mythos | 774.33 | 0.0100 | get 0.0100% / 8h | 4h 39m | $1K | — | 20x |
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- Price spread: +0.083% → 0.000%
- $8.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.73
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Orderly: 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, 3 min ago | 3.49 bp | 12.4 bp −$12 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0104% | 8h | 774.31 | +0.080% | $417K | $468K | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.37 | +0.088% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.79 | +0.013% | $775K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.48 | +0.102% | $10.9M | $1.9M | 50x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.97 | +0.036% | $161K | $295K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.39 | +0.220% | $2K | $1.4M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.56 | +0.112% | $308K | $20K | 50x | as long as short |
| OKX SPY-USDT-SWAP | +0.0001% | 8h | 774.32 | +0.081% | $7.9M | $3.2M | 50x | as long as short |
| GRVT SPY_USDT_Perp | +0.0014% | 8h | 774.43 | +0.096% | $163K | $386K | 10x | as long as short |
| MEXC SPY_USDT | +0.0016% | 8h | 774.31 | +0.080% | $25.4M | $11.7M | 100x | as long as short |
BloFin SPY-USDT
Bybit SPYUSDT
Gate SPY_USDT
Bitget SPYUSDT
Phoenix SPY
SunX SPY-USDT
HTX SPY-USDT
OKX SPY-USDT-SWAP
GRVT SPY_USDT_Perp
MEXC SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SPYUSDT | +0.0016% | 8h | 774.32 | +0.081% | $28.3M | $79.9M | 50x | as long as short |
| ApeX Omni SPYUSDT | +0.0023% | 1h | 773.24 | −0.058% | $162K | $24K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0034% | 1h | 774.02 | +0.043% | $23K | $56K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.63 | −0.008% | $931K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.14 | −0.071% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.65 | −0.005% | $4.8M | $840K | 20x | as long as short |
| Aster SPYUSDT | +0.0058% | 8h | 774.73 | +0.134% | $865K | $196K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.05 | +0.047% | $954K | $552K | 20x | as long as short |
| Lighter RH SPY | +0.0072% | 1h | 774.63 | +0.121% | $56.5M | $113.5M | 50x | as long as short |
| Lighter SPY | +0.0080% | 1h | 774.33 | +0.083% | $8.3M | $19.5M | 50x | as long as short |
| Nado SPY-PERP | +0.0089% | 1h | 773.94 | +0.032% | $1.5M | $280K | 20x | as long as short |
| KuCoin SPYUSDTMlong | +0.0100% | 8h | 773.69 | long leg | $2.5M | $977K | 20x | |
| Orderly PERP_SPY_USDC_mythosshort | +0.0100% | 8h | 774.33 | +0.083% | $1K | — | 20x | |
| Aevo SPY-PERP | +0.0104% | 1h | 773.73 | +0.005% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0173% | 1h | 774.40 | +0.092% | $7.0M | $5.0M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.32 | +0.081% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0666% | 4h | 774.19 | +0.065% | $640K | $241K | 20x | as long as short |
Binance SPYUSDT
ApeX Omni SPYUSDT
Deribit SPY_USDC-PERPETUAL
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Aster SPYUSDT
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Lighter SPY
Nado SPY-PERP
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC