Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Aster+0.037%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$100.096% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.037%, 7d avg −0.005%
=Together, before fees−0.045%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.041% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPYUSDT | 774.78 | 0 | get 0.0000% / 8h | 4h 21m | $865K | $275K | 20x |
| Short | MEXC SPY_USDT | 775.06 | 0 | get 0.0000% / 8h | 4h 21m | $23.0M | $12.3M | 100x |
Aster SPYUSDT
MEXC SPY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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: +0.037% → −0.005%
- $4.14
- Slippage, 4 orders
- −$1.55
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$5.41
- Costs to cover
- 0.096%
- Break-even
- never at this rate
Slippage from Aster: live order book, 9 min ago; MEXC: live order book, 1 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 Aster live order book, 9 min ago | 0.06 bp | 4.4 bp −$4 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.5 bp −$228 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0300% | 1h | 774.02 | −0.098% | $161K | $295K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.89 | +0.015% | $422K | $719K | 50x | as long as short |
| Aster SPYUSDTlong | 0.0000% | 8h | 774.78 | long leg | $865K | $275K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 775.07 | +0.038% | $28.9M | $85.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 775.13 | +0.046% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 775.09 | +0.040% | $8.0M | $3.5M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 775.01 | +0.030% | $6.9M | $5.7M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.61 | −0.022% | $740K | $2.1M | 75x | as long as short |
| MEXC SPY_USDTshort | 0.0000% | 8h | 775.06 | +0.037% | $23.0M | $12.3M | 100x | |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.93 | +0.020% | $158K | $509K | 10x | as long as short |
Phoenix SPY
BloFin SPY-USDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
GRVT SPY_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 776.06 | +0.166% | $2K | $1.6M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.99 | +0.028% | $308K | $20K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 775.10 | +0.042% | $8.8M | $21.9M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 775.47 | +0.089% | $56.9M | $126.6M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 774.24 | −0.069% | $951K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.95 | −0.107% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 774.16 | −0.080% | $4.8M | $937K | 20x | as long as short |
| Bitget SPYUSDT | +0.0058% | 8h | 775.12 | +0.044% | $10.8M | $3.1M | 50x | as long as short |
| Nado SPY-PERP | +0.0067% | 1h | 774.58 | −0.025% | $1.5M | $307K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0080% | 1h | 774.50 | −0.036% | $935K | $629K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.46 | −0.041% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.58 | −0.025% | $154K | $32K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 775.07 | +0.038% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.59 | −0.024% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0124% | 1h | 775.01 | +0.030% | $22K | $74K | 20x | as long as short |
| edgeX SPYUSDC | +0.0131% | 4h | 774.86 | +0.010% | $640K | $240K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0326% / S −0.1264% | 1h | 775.03 | +0.033% | $25K | — | 53x | as long as short |
SunX SPY-USDT
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Bitget SPYUSDT
Nado SPY-PERP
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Deribit SPY_USDC-PERPETUAL
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]