Funding you earn now, next payment 02:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.057%
Price spread now: Bitget against RISEx+0.001%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.001%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPY/USDC | 774.38 | 0.0190 | pay 0.0024% / 1h | 44m 04s | $7.0M | $5.2M | 25x |
| Short | Bitget SPYUSDT | 774.38 | 0 | get 0.0000% / 8h | 6h 44m | $10.9M | $2.2M | 50x |
RISEx SPY/USDC
Bitget SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against RISEx. 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
- −$39.83
- Price spread: +0.001% → +0.018%
- −$1.76
- Slippage, 4 orders
- −$2.84
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.43
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; Bitget: live order book, 4 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 RISEx live order book, 5 min ago | 0.06 bp | 3.8 bp −$4 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.06 bp | 6.8 bp −$7 | 8.3 bp −$83 | 15.9 bp −$1,587 | 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 | −0.0096% | 8h | 774.30 | −0.010% | $417K | $545K | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.16 | −0.028% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.76 | −0.079% | $780K | $2.3M | 75x | as long as short |
| Bitget SPYUSDTshort | 0.0000% | 8h | 774.38 | +0.001% | $10.9M | $2.2M | 50x | |
| SunX SPY-USDT | 0.0000% | 8h | 775.40 | +0.132% | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.30 | −0.010% | $308K | $20K | 50x | as long as short |
| OKX SPY-USDT-SWAP | +0.0014% | 8h | 774.19 | −0.024% | $7.9M | $3.3M | 50x | as long as short |
| Aster SPYUSDT | +0.0016% | 8h | 774.32 | −0.007% | $863K | $204K | 20x | as long as short |
| MEXC SPY_USDT | +0.0023% | 8h | 774.23 | −0.019% | $19.7M | $11.7M | 100x | as long as short |
| Binance SPYUSDT | +0.0023% | 8h | 774.21 | −0.021% | $28.4M | $80.6M | 50x | as long as short |
BloFin SPY-USDT
Bybit SPYUSDT
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
OKX SPY-USDT-SWAP
Aster SPYUSDT
MEXC SPY_USDT
Binance SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | +0.0029% | 8h | 774.37 | 0.000% | $163K | $381K | 10x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.12 | −0.033% | $8.3M | $21.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.52 | +0.019% | $57.3M | $112.2M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.40 | −0.126% | $935K | $1.4M | 50x | as long as short |
| Phoenix SPY | +0.0041% | 1h | 773.86 | −0.067% | $161K | $296K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.06 | −0.170% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.46 | −0.118% | $4.8M | $842K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 774.14 | −0.030% | $955K | $555K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.87 | −0.065% | $2.5M | $942K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.79 | −0.076% | $159K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.28 | −0.012% | $1K | — | 20x | as long as short |
| Nado SPY-PERP | +0.0103% | 1h | 773.86 | −0.066% | $1.5M | $285K | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.71 | −0.086% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0112% | 1h | 774.01 | −0.047% | $23K | $55K | 20x | as long as short |
| RISEx SPY/USDClong | +0.0190% | 1h | 774.38 | long leg | $7.0M | $5.2M | 25x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.25 | −0.016% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0802% | 4h | 774.10 | −0.035% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Phoenix SPY
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Nado SPY-PERP
Aevo SPY-PERP
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC