Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against MEXC+0.016%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$140.142% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.016%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 773.21 | 0 | get 0.0000% / 8h | 7h 46m | $29.6M | $11.6M | 100x |
| Short | Bitget SPYUSDT | 773.33 | 0 | get 0.0000% / 8h | 7h 46m | $10.9M | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.016% → +0.006%
- $0.98
- Slippage, 4 orders
- −$2.15
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.18
- Costs to cover
- 0.142%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.5 bp −$252 |
| Sell Bitget live order book, 2 min ago | 0.06 bp | 6.8 bp −$7 | 9.6 bp −$96 | 19.4 bp −$1,937 | 28.7 bp −$14.4K |
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 | 773.25 | +0.005% | $418K | $440K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 772.74 | −0.061% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.31 | +0.013% | $864K | $196K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.20 | −0.002% | $28.5M | $74.9M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.19 | −0.003% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.13 | −0.010% | $7.9M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.00 | −0.027% | $793K | $2.4M | 75x | as long as short |
| MEXC SPY_USDTlong | 0.0000% | 8h | 773.21 | long leg | $29.6M | $11.6M | 100x | |
| Bitget SPYUSDTshort | 0.0000% | 8h | 773.33 | +0.016% | $10.9M | $1.5M | 50x | |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.51 | +0.039% | $160K | $350K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 774.36 | +0.149% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 773.96 | +0.097% | $300K | $38K | 50x | as long as short |
| edgeX SPYUSDC | +0.0001% | 4h | 773.14 | −0.009% | $639K | $243K | 20x | as long as short |
| Nado SPY-PERP | +0.0032% | 1h | 772.74 | −0.061% | $1.5M | $250K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 773.31 | +0.013% | $56.7M | $117.3M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.52 | −0.089% | $920K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.07 | −0.147% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.39 | −0.106% | $4.8M | $849K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.80 | +0.076% | $951K | $508K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0074% | 1h | 772.99 | −0.028% | $23K | $54K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.64 | −0.074% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.82 | −0.050% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.17 | −0.005% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 772.67 | −0.070% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 773.17 | −0.005% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 773.25 | +0.006% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 773.48 | +0.034% | $7.1M | $3.8M | 25x | as long as short |
MEXC SPY_USDT
Bitget SPYUSDT
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
edgeX SPYUSDC
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Deribit SPY_USDC-PERPETUAL
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC