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: SunX against MEXC+0.148%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2362.364% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.148%, 7d avg +0.143%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 774.57 | 0 | get 0.0000% / 8h | 5h 27m | $29.2M | $13.3M | 100x |
| Short | SunX SPY-USDT | 775.72 | 0 | get 0.0000% / 8h | 5h 27m | $2K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.148% → +0.143%
- $0.53
- Slippage, 4 orders
- −$228.4
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$235.87
- Costs to cover
- 2.364%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.2 bp −$18 | 1.4 bp −$678 |
| Sell SunX live order book, 9 min ago | 29.07 bp | 128.9 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
SPY on 27 exchanges
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 | 774.57 | 0.000% | $418K | $422K | 50x | as long as short |
| Nado SPY-PERP | −0.0001% | 1h | 774.32 | −0.033% | $1.5M | $277K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.61 | +0.005% | $862K | $200K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.56 | −0.002% | $28.5M | $73.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.51 | −0.008% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.58 | +0.001% | $7.8M | $3.0M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.53 | −0.006% | $7.1M | $3.3M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.15 | −0.054% | $788K | $2.5M | 75x | as long as short |
| MEXC SPY_USDTlong | 0.0000% | 8h | 774.57 | long leg | $29.2M | $13.3M | 100x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.69 | +0.015% | $11.1M | $1.5M | 50x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.76 | +0.024% | $161K | $336K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.96 | −0.079% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.72 | +0.148% | $2K | $1.1M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.10 | −0.061% | $23K | $39K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.71 | +0.018% | $300K | $25K | 50x | as long as short |
| Arcus SPY-USD | +0.0015% | 1h | 773.68 | −0.115% | $980K | $1.4M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.39 | −0.023% | $7.8M | $16.4M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.72 | +0.019% | $56.8M | $115.8M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.43 | −0.147% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.61 | −0.124% | $4.8M | $837K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.26 | −0.040% | $952K | $172K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.94 | −0.081% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.97 | −0.077% | $223K | $51K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.46 | −0.014% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.90 | −0.087% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.59 | +0.002% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0262% | 4h | 774.31 | −0.033% | $640K | $243K | 20x | as long as short |
MEXC SPY_USDT
SunX SPY-USDT
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC