Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against MEXC−0.032%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$100.103% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.032%, 7d avg +0.005%
=Together, before fees+0.071%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.037% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 774.04 | 0 | get 0.0000% / 8h | 2h 12m | $25.4M | $12.1M | 100x |
| Short | Aster SPYUSDT | 773.79 | 0 | get 0.0000% / 8h | 2h 12m | $862K | $269K | 20x |
MEXC SPY_USDT
Aster SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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: −0.032% → +0.005%
- −$3.74
- Slippage, 4 orders
- −$2.34
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.08
- Costs to cover
- 0.103%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Aster: live order book, 10 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 MEXC live order book, 6 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.5 bp −$46 | 2.0 bp −$985 |
| Sell Aster live order book, 10 min ago | 0.13 bp | 5.9 bp −$6 | 6.5 bp −$65 | 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 | 774.05 | +0.001% | $414K | $722K | 50x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 773.79 | −0.032% | $862K | $269K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.05 | +0.001% | $28.4M | $87.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.18 | +0.018% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.07 | +0.004% | $8.0M | $3.6M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.39 | −0.084% | $746K | $2.2M | 75x | as long as short |
| MEXC SPY_USDTlong | 0.0000% | 8h | 774.04 | long leg | $25.4M | $12.1M | 100x | |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.00 | −0.006% | $157K | $454K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.39 | −0.084% | $161K | $296K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.10 | +0.137% | $2K | $1.6M | 10x | as long as short |
BloFin SPY-USDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate 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-USDT | 0.0000% | 8h | 774.14 | +0.013% | $308K | $20K | 50x | as long as short |
| Nado SPY-PERP | +0.0014% | 1h | 773.44 | −0.078% | $1.5M | $314K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.77 | −0.035% | $8.8M | $22.2M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.23 | +0.025% | $56.5M | $123.6M | 50x | as long as short |
| Bitget SPYUSDT | +0.0040% | 8h | 774.30 | +0.034% | $10.8M | $3.1M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.17 | −0.112% | $951K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.80 | −0.160% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.17 | −0.112% | $4.8M | $917K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 773.52 | −0.067% | $955K | $653K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.38 | −0.085% | $2.5M | $983K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.50 | −0.070% | $154K | $17K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.06 | +0.003% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.55 | −0.063% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0138% | 1h | 773.93 | −0.014% | $22K | $75K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.04 | +0.001% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0232% | 1h | 774.06 | +0.002% | $6.9M | $5.5M | 25x | as long as short |
| edgeX SPYUSDC | +0.0696% | 4h | 773.97 | −0.009% | $640K | $241K | 20x | as long as short |
HTX SPY-USDT
Nado SPY-PERP
Lighter SPY
Lighter RH SPY
Bitget SPYUSDT
Arcus SPY-USD
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
edgeX SPYUSDC