Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.102%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.102%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.038% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPY_USDT | 773.78 | 0 | get 0.0000% / 8h | 32m 07s | $770K | $2.5M | 75x |
| Short | HTX SPY-USDT | 774.57 | 0 | get 0.0000% / 8h | 32m 07s | $300K | $38K | 50x |
Gate SPY_USDT
HTX SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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: +0.102% → +0.065%
- $3.76
- Slippage, 4 orders
- −$20.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$44.22
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; HTX: live order book, 5 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 Gate live order book, 6 min ago | 2.97 bp | 10.8 bp −$11 | 15.9 bp −$159 | 59.1 bp −$5,908 | doesn't fit |
| Sell HTX live order book, 5 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0163% | 1h | 773.48 | −0.039% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0155% | 1h | 774.01 | +0.030% | $160K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.10 | +0.041% | $418K | $446K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.30 | +0.067% | $863K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.32 | +0.070% | $28.6M | $76.1M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.10 | +0.041% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.29 | +0.066% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDTlong | 0.0000% | 8h | 773.78 | long leg | $770K | $2.5M | 75x | |
| MEXC SPY_USDT | 0.0000% | 8h | 774.30 | +0.067% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.45 | +0.087% | $10.9M | $1.6M | 50x | as long as short |
ApeX Omni SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.39 | +0.079% | $169K | $341K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.38 | +0.207% | $2K | $1.3M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.98 | +0.026% | $23K | $54K | 20x | as long as short |
| HTX SPY-USDTshort | 0.0000% | 8h | 774.57 | +0.102% | $300K | $38K | 50x | |
| Nado SPY-PERP | +0.0013% | 1h | 773.94 | +0.021% | $1.6M | $246K | 20x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.58 | +0.103% | $7.1M | $4.1M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.92 | +0.018% | $950K | $530K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.56 | +0.101% | $56.7M | $118.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.62 | −0.021% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.19 | −0.076% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.51 | −0.035% | $4.8M | $866K | 20x | as long as short |
| Lighter SPY | +0.0096% | 1h | 774.42 | +0.083% | $8.0M | $17.8M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.64 | −0.018% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.21 | +0.056% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.75 | −0.003% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.32 | +0.069% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0868% | 4h | 774.14 | +0.046% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Nado SPY-PERP
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC