Funding you earn now, next payment 12:00 UTC+0.0325%/8h= +35.6% APRnext payment +$0.41 per $10,000 · paid last 24h +0.291%
Price spread now: GMX against Aevo+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.084% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SPY-PERP | 773.91 | 0.0104 | pay 0.0013% / 1h | 3m 49s | $87K | — | 10x |
| Short | GMX SPY/USD [ETH-USDC] | 774.57 | L +0.0209% / S −0.0429% | get 0.0054% / 1h | 3m 49s | $10K | — | 26x |
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aevo. 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
- $68.28
- Price spread: +0.084% → 0.000%
- $8.4
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $48.68
- Costs to cover
- 0.280%
- Break-even
- 2.0 days
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Aevo and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 774.57 | +0.085% | $420K | $401K | 50x | as long as short |
| Arcus SPY-USD | −0.0042% | 1h | 773.73 | −0.024% | $1.0M | $1.4M | 50x | as long as short |
| Nado SPY-PERP | −0.0025% | 1h | 774.31 | +0.051% | $1.5M | $295K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.54 | +0.081% | $862K | $207K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.64 | +0.093% | $28.4M | $74.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.61 | +0.090% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.56 | +0.083% | $7.8M | $3.2M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.54 | +0.081% | $7.1M | $3.1M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.17 | +0.033% | $806K | $2.6M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.65 | +0.095% | $18.9M | $13.8M | 100x | as long as short |
BloFin SPY-USDT
Arcus SPY-USD
Nado SPY-PERP
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
MEXC SPY_USDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.81 | +0.116% | $11.0M | $1.6M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.70 | +0.101% | $164K | $361K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.71 | +0.232% | $2K | $1.1M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.26 | +0.045% | $23K | $38K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.86 | +0.122% | $300K | $21K | 50x | as long as short |
| Phoenix SPY | +0.0010% | 1h | 774.16 | +0.032% | $161K | $74K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.58 | +0.086% | $7.8M | $16.2M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.88 | +0.125% | $57.4M | $117.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0040% | 1h | 774.25 | +0.043% | $945K | $189K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.53 | −0.050% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.59 | −0.042% | $4.8M | $856K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.13 | +0.028% | $2.5M | $1.1M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.39 | +0.061% | $226K | $54K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.54 | +0.081% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPlong | +0.0104% | 1h | 773.91 | long leg | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC]short | L +0.0209% / S −0.0429% | 1h | 774.57 | +0.084% | $10K | — | 26x | |
| edgeX SPYUSDC | +0.0275% | 4h | 774.49 | +0.074% | $640K | $242K | 20x | as long as short |
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Phoenix SPY
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
edgeX SPYUSDC