Funding you earn now, next payment 12:00 UTC+0.0698%/8h= +76.4% APRpaid last 24h +0.070%
Price spread now: edgeX against SunX−0.167%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2552.555% of the position
Funding, last 7 days−0.832%−$83 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.167%, 7d avg −0.157%
=Together, before fees−0.859%+ Points / potential airdropedgeX: Active · farm board−$86 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.832%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 774.82 | 0 | get 0.0000% / 8h | 6h 18m | $2K | $1.2M | 10x |
| Short | edgeX SPYUSDC | 773.52 | 0.0698 | get 0.0349% / 4h | 2h 18m | $639K | $243K | 20x |
SunX SPY-USDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $146.54
- Price spread: −0.167% → −0.157%
- −$1.01
- Slippage, 4 orders
- −$238.49
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$109.96
- Costs to cover
- 2.555%
- Break-even
- 12.3 days
Slippage from SunX: live order book, 8 min ago; edgeX: live order book, 33 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, 8 min ago | 29.10 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 5.11 bp | 9.6 bp −$10 | 10.3 bp −$103 | doesn't fit | doesn't fit |
SPY on 27 exchanges
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 | 773.68 | −0.147% | $416K | $413K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.63 | −0.154% | $861K | $200K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.75 | −0.138% | $28.6M | $75.7M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.69 | −0.146% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.72 | −0.142% | $7.8M | $3.0M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.21 | −0.208% | $792K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.76 | −0.137% | $19.1M | $12.1M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 773.86 | −0.124% | $11.0M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.76 | −0.137% | $167K | $332K | 10x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 774.82 | long leg | $2K | $1.2M | 10x |
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_PerpShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 773.68 | −0.147% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0010% | 1h | 773.37 | −0.187% | $1.5M | $265K | 20x | as long as short |
| Phoenix SPY | +0.0010% | 1h | 773.11 | −0.221% | $158K | $150K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.55 | −0.164% | $7.8M | $17.1M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 773.81 | −0.130% | $56.9M | $117.5M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.84 | −0.256% | $975K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.65 | −0.280% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.73 | −0.270% | $4.8M | $845K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0060% | 1h | 773.45 | −0.177% | $23K | $39K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 773.37 | −0.187% | $951K | $199K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.08 | −0.225% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.29 | −0.197% | $164K | $24K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.63 | −0.154% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.05 | −0.229% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0114% | 1h | 773.63 | −0.153% | $7.1M | $3.4M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 773.68 | −0.146% | $10K | — | 26x | as long as short |
| edgeX SPYUSDCshort | +0.0698% | 4h | 773.52 | −0.167% | $639K | $243K | 20x |
HTX SPY-USDT
Nado SPY-PERP
Phoenix SPY
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]