Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX−0.183%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2612.608% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.183%, 7d avg −0.173%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 775.31 | 0 | get 0.0000% / 8h | 6h 25m | $2K | $1.5M | 10x |
| Short | Gate SPY_USDT | 773.89 | 0 | get 0.0000% / 8h | 6h 25m | $780K | $2.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.183% → −0.173%
- −$1.05
- Slippage, 4 orders
- −$237.79
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$261.84
- Costs to cover
- 2.608%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Gate: live order book, 2 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 | 29.08 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.30 bp | 12.6 bp −$13 | 14.2 bp −$142 | 60.0 bp −$6,004 | doesn't fit |
SPY on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPYUSDT | 0.0000% | 8h | 774.12 | −0.153% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDTshort | 0.0000% | 8h | 773.89 | −0.183% | $780K | $2.3M | 75x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.40 | −0.117% | $10.9M | $2.1M | 50x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.31 | long leg | $2K | $1.5M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.29 | −0.132% | $308K | $20K | 50x | as long as short |
| OKX SPY-USDT-SWAP | +0.0002% | 8h | 774.13 | −0.152% | $7.9M | $3.3M | 50x | as long as short |
| GRVT SPY_USDT_Perp | +0.0002% | 8h | 774.37 | −0.121% | $162K | $379K | 10x | as long as short |
| Aster SPYUSDT | +0.0010% | 8h | 774.26 | −0.135% | $863K | $204K | 20x | as long as short |
| Binance SPYUSDT | +0.0019% | 8h | 774.21 | −0.142% | $28.3M | $80.3M | 50x | as long as short |
| MEXC SPY_USDT | +0.0020% | 8h | 774.22 | −0.141% | $20.3M | $11.8M | 100x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPY | +0.0032% | 1h | 774.19 | −0.144% | $8.3M | $21.4M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.32 | −0.257% | $935K | $1.4M | 50x | as long as short |
| Phoenix SPY | +0.0041% | 1h | 773.93 | −0.178% | $161K | $296K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.11 | −0.284% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.32 | −0.257% | $4.8M | $842K | 20x | as long as short |
| Lighter RH SPY | +0.0056% | 1h | 774.66 | −0.084% | $57.0M | $113.6M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 774.14 | −0.151% | $955K | $555K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.57 | −0.224% | $2.5M | $938K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.72 | −0.205% | $159K | $23K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.10 | −0.156% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.65 | −0.214% | $87K | — | 10x | as long as short |
| Nado SPY-PERP | +0.0118% | 1h | 773.92 | −0.179% | $1.5M | $288K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0125% | 1h | 774.08 | −0.159% | $23K | $55K | 20x | as long as short |
| RISEx SPY/USDC | +0.0190% | 1h | 774.33 | −0.127% | $7.0M | $5.2M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.21 | −0.143% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0636% | 4h | 774.03 | −0.165% | $640K | $241K | 20x | as long as short |
SunX SPY-USDT
Gate SPY_USDT
Bybit SPYUSDT
Bitget SPYUSDT
HTX SPY-USDT
OKX SPY-USDT-SWAP
GRVT SPY_USDT_Perp
Aster SPYUSDT
Binance SPYUSDT
MEXC SPY_USDT
Lighter SPY
Phoenix SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Deribit SPY_USDC-PERPETUAL
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC