Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Aevo against ApeX Omni−0.067%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPYUSDT | 774.57 | 0.0100 | pay 0.0013% / 1h | 57m 29s | $226K | $54K | 50x |
| Short | Aevo SPY-PERP | 774.05 | 0.0104 | get 0.0013% / 1h | 57m 29s | $87K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against ApeX Omni. 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
- $0.84
- Price spread: −0.067% → 0.000%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$31.85
- Costs to cover
- 0.260%
- Break-even
- 272.4 days
Slippage unknown: ApeX Omni: live order book, 47 min ago; Aevo: 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 ApeX Omni live order book, 47 min ago | 4.52 bp | 31.3 bp −$31 | 98.0 bp −$980 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 774.78 | +0.027% | $420K | $371K | 50x | as long as short |
| Arcus SPY-USD | −0.0042% | 1h | 773.75 | −0.106% | $1.0M | $1.4M | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.59 | +0.002% | $863K | $206K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.57 | 0.000% | $28.5M | $73.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.53 | −0.005% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.59 | +0.003% | $7.8M | $3.1M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.55 | −0.003% | $7.1M | $3.2M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.11 | −0.059% | $789K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.57 | 0.000% | $29.4M | $13.4M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.70 | +0.017% | $11.1M | $1.5M | 50x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 775.11 | +0.070% | $165K | $335K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 774.36 | −0.027% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.81 | +0.160% | $2K | $1.1M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 775.18 | +0.079% | $300K | $25K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0021% | 1h | 774.26 | −0.040% | $23K | $38K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.29 | −0.036% | $7.8M | $16.0M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.61 | +0.005% | $57.2M | $114.3M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0040% | 1h | 774.26 | −0.040% | $952K | $172K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.38 | −0.154% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.65 | −0.119% | $4.8M | $835K | 20x | as long as short |
| Nado SPY-PERP | +0.0068% | 1h | 774.13 | −0.056% | $1.5M | $276K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.24 | −0.043% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDTlong | +0.0100% | 1h | 774.57 | long leg | $226K | $54K | 50x | |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.55 | −0.003% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 774.05 | −0.067% | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.63 | +0.007% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0788% | 4h | 774.62 | +0.007% | $640K | $244K | 20x | as long as short |
ApeX Omni SPYUSDT
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
SunX SPY-USDT
HTX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC