Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: SunX against OKX+0.151%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2482.478% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now +0.151%, 7d avg +0.158%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPY-USDT-SWAP | 772.71 | 0 | get 0.0000% / 8h | 7h 41m | $7.9M | $3.1M | 50x |
| Short | SunX SPY-USDT | 773.88 | 0 | get 0.0000% / 8h | 7h 41m | $2K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. 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: +0.151% → +0.158%
- −$0.64
- Slippage, 4 orders
- −$229.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$248.49
- Costs to cover
- 2.478%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; SunX: 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 OKX live order book, 1 min ago | 0.06 bp | 5.1 bp −$5 | 6.6 bp −$66 | 14.9 bp −$1,492 | doesn't fit |
| Sell SunX live order book, 2 min ago | 29.07 bp | 128.8 bp −$129 | doesn't fit | 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 | 772.79 | +0.010% | $417K | $440K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 772.70 | −0.001% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 772.74 | +0.004% | $863K | $196K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 772.73 | +0.003% | $28.6M | $75.0M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.53 | −0.023% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAPlong | 0.0000% | 8h | 772.71 | long leg | $7.9M | $3.1M | 50x | |
| Gate SPY_USDT | 0.0000% | 8h | 772.53 | −0.023% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.72 | +0.001% | $29.6M | $11.6M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 772.87 | +0.021% | $10.9M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.48 | +0.100% | $160K | $340K | 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-USDTshort | 0.0000% | 8h | 773.88 | +0.151% | $2K | $1.3M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 773.50 | +0.102% | $300K | $38K | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 772.82 | +0.014% | $56.6M | $117.9M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0035% | 1h | 772.39 | −0.041% | $23K | $54K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.10 | −0.079% | $920K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.56 | −0.149% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.16 | −0.071% | $4.8M | $849K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.80 | +0.141% | $951K | $508K | 20x | as long as short |
| Nado SPY-PERP | +0.0057% | 1h | 772.30 | −0.053% | $1.5M | $251K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.39 | −0.041% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.70 | −0.001% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.73 | +0.003% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 772.24 | −0.061% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0128% | 1h | 772.70 | −0.001% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.73 | +0.002% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.94 | +0.030% | $7.1M | $3.6M | 25x | as long as short |
| edgeX SPYUSDC | +0.0884% | 4h | 773.08 | +0.047% | $639K | $243K | 20x | as long as short |
OKX SPY-USDT-SWAP
SunX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
HTX SPY-USDT
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC