Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.052%
Price spread now: Orderly against RISEx−0.011%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 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 | 774.70 | 0.0320 | pay 0.0040% / 1h | 50m 27s | $6.9M | $5.2M | 25x |
| Short | Orderly PERP_SPY_USDC_mythos | 774.61 | 0.0100 | get 0.0100% / 8h | 7h 50m | $1K | — | 20x |
RISEx SPY/USDC
Orderly PERP_SPY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$46.27
- Price spread: −0.011% → 0.000%
- −$1.1
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$59.37
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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, 4 min ago | 0.06 bp | 4.6 bp −$5 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0107% | 8h | 774.65 | −0.006% | $412K | $571K | 50x | as long as short |
| Arcus SPY-USD | −0.0016% | 1h | 773.66 | −0.134% | $937K | $1.4M | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.57 | −0.017% | $863K | $204K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.79 | +0.012% | $6.2M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.69 | −0.001% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.27 | −0.055% | $762K | $2.3M | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.73 | +0.134% | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.42 | −0.035% | $308K | $20K | 50x | as long as short |
| MEXC SPY_USDT | +0.0013% | 8h | 774.65 | −0.006% | $28.7M | $11.4M | 100x | as long as short |
| Binance SPYUSDT | +0.0013% | 8h | 774.65 | −0.006% | $28.5M | $81.7M | 50x | as long as short |
BloFin SPY-USDT
Arcus SPY-USD
Aster SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
MEXC SPY_USDT
Binance SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SPY_USDC-PERPETUAL | +0.0021% | 1h | 774.33 | −0.047% | $23K | $59K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.34 | −0.046% | $8.2M | $21.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.88 | +0.024% | $57.2M | $112.2M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.39 | −0.168% | — | $123K | 50x | as long as short |
| Bitget SPYUSDT | +0.0050% | 8h | 774.71 | +0.002% | $11.0M | $2.4M | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.66 | −0.134% | $4.8M | $847K | 20x | as long as short |
| Phoenix SPY | +0.0062% | 1h | 773.96 | −0.095% | $161K | $296K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.00 | −0.090% | $954K | $559K | 20x | as long as short |
| GRVT SPY_USDT_Perp | +0.0074% | 8h | 774.69 | −0.001% | $157K | $400K | 10x | as long as short |
| Nado SPY-PERP | +0.0100% | 1h | 774.22 | −0.062% | $1.5M | $290K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.09 | −0.078% | $2.5M | $951K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.00 | −0.090% | $159K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythosshort | +0.0100% | 8h | 774.61 | −0.011% | $1K | — | 20x | |
| Aevo SPY-PERP | +0.0104% | 1h | 774.05 | −0.083% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0208% / S −0.0429% | 1h | 774.64 | −0.006% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0232% | 4h | 774.53 | −0.021% | $640K | $241K | 20x | as long as short |
| RISEx SPY/USDClong | +0.0320% | 1h | 774.70 | long leg | $6.9M | $5.2M | 25x |
Deribit SPY_USDC-PERPETUAL
Lighter SPY
Lighter RH SPY
Vest SPY-USD-PERP
Bitget SPYUSDT
Ondo Perps SPY-USD.P
Phoenix SPY
Coinbase International SPY-PERP-INTX
GRVT SPY_USDT_Perp
Nado SPY-PERP
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC