Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against SunX−0.147%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2472.473% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.147%, 7d avg −0.158%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 775.97 | 0 | get 0.0000% / 8h | 5h 53m | $2K | $1.2M | 10x |
| Short | OKX SPY-USDT-SWAP | 774.83 | 0 | get 0.0000% / 8h | 5h 53m | $7.8M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.147% → −0.158%
- $1.09
- Slippage, 4 orders
- −$229.29
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$246.2
- Costs to cover
- 2.473%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago | 29.06 bp | 107.3 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.06 bp | 5.5 bp −$6 | 8.1 bp −$81 | 19.8 bp −$1,983 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0411% | 1h | 773.48 | −0.321% | $164K | $24K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.83 | −0.147% | $416K | $419K | 50x | as long as short |
| Nado SPY-PERP | −0.0037% | 1h | 774.51 | −0.189% | $1.5M | $277K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.66 | −0.169% | $863K | $200K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.84 | −0.146% | $28.5M | $75.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.87 | −0.142% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAPshort | 0.0000% | 8h | 774.83 | −0.147% | $7.8M | $3.1M | 50x | |
| RISEx SPY/USDC | 0.0000% | 1h | 774.79 | −0.152% | $7.1M | $3.3M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.31 | −0.214% | $790K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.82 | −0.148% | $29.2M | $13.3M | 100x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.86 | −0.143% | $11.1M | $1.6M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.86 | −0.143% | $161K | $336K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 774.14 | −0.236% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.97 | long leg | $2K | $1.2M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.55 | −0.183% | $23K | $39K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.99 | −0.126% | $300K | $38K | 50x | as long as short |
| Arcus SPY-USD | +0.0015% | 1h | 773.88 | −0.269% | $980K | $1.4M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.64 | −0.171% | $7.8M | $16.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.94 | −0.133% | $56.9M | $114.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.64 | −0.300% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.87 | −0.271% | $4.8M | $846K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.22 | −0.226% | $952K | $171K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.26 | −0.220% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.76 | −0.156% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.23 | −0.224% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.80 | −0.150% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0783% | 4h | 774.39 | −0.204% | $640K | $242K | 20x | as long as short |
SunX SPY-USDT
OKX SPY-USDT-SWAP
ApeX Omni SPYUSDT
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
RISEx SPY/USDC
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC