Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.059%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2592.595% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.059%, 7d avg −0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.051% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 773.96 | 0 | get 0.0000% / 8h | 7h 42m | $2K | $1.3M | 10x |
| Short | HTX SPY-USDT | 773.50 | 0 | get 0.0000% / 8h | 7h 42m | $300K | $38K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.059% → −0.110%
- $5.08
- Slippage, 4 orders
- −$239.46
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$254.38
- Costs to cover
- 2.595%
- Break-even
- never at this rate
Slippage from SunX: live order book, 1 min ago; HTX: live order book, 55 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, 1 min ago | 29.07 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 min ago | 2.45 bp | 14.6 bp −$15 | 23.2 bp −$232 | 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 | 772.79 | −0.151% | $417K | $440K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 772.70 | −0.163% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 772.88 | −0.139% | $863K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 772.72 | −0.160% | $28.6M | $75.0M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.62 | −0.173% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 772.79 | −0.151% | $7.9M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 772.58 | −0.178% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.72 | −0.160% | $29.6M | $11.6M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 772.85 | −0.143% | $10.9M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.48 | −0.061% | $160K | $340K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDTlong | 0.0000% | 8h | 773.96 | long leg | $2K | $1.3M | 10x | |
| HTX SPY-USDTshort | 0.0000% | 8h | 773.50 | −0.059% | $300K | $38K | 50x | |
| Lighter RH SPY | +0.0032% | 1h | 772.87 | −0.141% | $56.6M | $117.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.10 | −0.240% | $920K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.56 | −0.310% | — | $123K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0048% | 1h | 772.48 | −0.191% | $23K | $54K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.16 | −0.233% | $4.8M | $849K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.80 | −0.021% | $951K | $508K | 20x | as long as short |
| Nado SPY-PERP | +0.0057% | 1h | 772.30 | −0.215% | $1.5M | $251K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.43 | −0.198% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.70 | −0.163% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.73 | −0.159% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 772.24 | −0.223% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0128% | 1h | 772.73 | −0.159% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.73 | −0.160% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.94 | −0.131% | $7.1M | $3.6M | 25x | as long as short |
| edgeX SPYUSDC | +0.0884% | 4h | 773.08 | −0.114% | $639K | $243K | 20x | as long as short |
SunX SPY-USDT
HTX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC