Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Aster against SunX−0.208%46s7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2462.464% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.208%, 7d avg −0.139%
=Together, before fees+0.037%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.069% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.139%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 774.70 | 0 | get 0.0000% / 8h | 7h 14m | $2K | $1.3M | 10x |
| Short | Aster SPYUSDT | 773.09 | 0 | get 0.0000% / 8h | 7h 14m | $861K | $199K | 20x |
SunX SPY-USDT
Aster SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. 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: −0.208% → −0.139%
- −$6.91
- Slippage, 4 orders
- −$230.39
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$253.31
- Costs to cover
- 2.464%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Aster: live order book, 18 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 SunX live order book, 9 min ago | 29.09 bp | 107.5 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 18 min ago | 0.45 bp | 5.6 bp −$6 | 6.3 bp −$63 | 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 | 773.53 | −0.151% | $416K | $410K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 772.56 | −0.276% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 773.09 | −0.208% | $861K | $199K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 773.65 | −0.136% | $28.5M | $75.9M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.61 | −0.141% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.63 | −0.138% | $7.8M | $3.2M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.34 | −0.176% | $792K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.64 | −0.137% | $19.1M | $12.2M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 773.60 | −0.142% | $11.0M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.09 | −0.207% | $165K | $340K | 10x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDTlong | 0.0000% | 8h | 774.70 | long leg | $2K | $1.3M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 773.39 | −0.169% | $300K | $38K | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 773.85 | −0.110% | $56.8M | $120.4M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.60 | −0.271% | $925K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.65 | −0.265% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0050% | 1h | 773.36 | −0.173% | $1.5M | $252K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.73 | −0.254% | $4.8M | $850K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 772.60 | −0.271% | $951K | $507K | 20x | as long as short |
| Lighter SPY | +0.0080% | 1h | 773.55 | −0.148% | $7.9M | $17.2M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.94 | −0.227% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.93 | −0.228% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.50 | −0.155% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 772.93 | −0.229% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0112% | 1h | 773.32 | −0.178% | $23K | $55K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 773.51 | −0.153% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 773.57 | −0.146% | $7.2M | $3.5M | 25x | as long as short |
| edgeX SPYUSDC | +0.0806% | 4h | 773.25 | −0.187% | $639K | $243K | 20x | as long as short |
HTX SPY-USDT
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Nado SPY-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
Lighter SPY
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC