Funding you earn now, next payment 06:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.015%
Price spread now: MEXC against RISEx−0.021%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$70.069% of the position
Funding, last 4 days (all we have)−0.060%−$6 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.021%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.034% cheaper against RISEx than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPY/USDC | 774.25 | 0.0007 | pay 0.0001% / 1h | 25m 39s | $7.0M | $4.5M | 25x |
| Short | MEXC SPY_USDT | 774.08 | 0 | get 0.0000% / 8h | 2h 25m | $29.7M | $12.5M | 100x |
RISEx SPY/USDC
MEXC SPY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.47
- Price spread: −0.021% → +0.013%
- −$3.43
- Slippage, 4 orders
- −$0.87
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$11.77
- Costs to cover
- 0.069%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 0.06 bp | 3.1 bp −$3 | 3.6 bp −$36 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.7 bp −$71 | 2.0 bp −$975 |
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 | 773.99 | −0.033% | $416K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.59 | −0.085% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0036% | 1h | 773.80 | −0.058% | $1.6M | $264K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.06 | −0.024% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.11 | −0.017% | $28.5M | $79.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.97 | −0.036% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.03 | −0.028% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.56 | −0.088% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDTshort | 0.0000% | 8h | 774.08 | −0.021% | $29.7M | $12.5M | 100x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.21 | −0.005% | $10.9M | $1.8M | 50x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.17 | −0.010% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.13 | +0.114% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.84 | −0.052% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 773.73 | −0.067% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDClong | +0.0007% | 1h | 774.25 | long leg | $7.0M | $4.5M | 25x | |
| Ondo Perps SPY-USD.P | +0.0024% | 1h | 773.10 | −0.148% | $4.7M | $832K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.38 | −0.112% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.07 | −0.152% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.52 | +0.036% | $56.1M | $118.2M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.88 | −0.047% | $951K | $556K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0082% | 1h | 773.15 | −0.141% | $164K | $25K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.45 | −0.103% | $2.5M | $982K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.96 | −0.037% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.53 | −0.093% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0128% | 1h | 774.23 | −0.002% | $8.1M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0210% / S −0.0429% | 1h | 774.05 | −0.025% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0305% | 4h | 773.88 | −0.047% | $639K | $241K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Ondo Perps SPY-USD.P
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC