Funding you earn now, next payment 20:00 UTC+0.0131%/8hpaid last 24h −0.118%
Price spread now: edgeX against HTX−0.017%77s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.808%−$81 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.017%, 7d avg −0.048%
=Together, before fees−0.851%+ Points / potential airdropedgeX: Active · farm board−$85 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.031% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.808%, so the current rate has only just turned in your favour. The two prices were read 77 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 | HTX SPY-USDT | 774.99 | 0 | get 0.0000% / 8h | 4h 21m | $308K | $20K | 50x |
| Short | edgeX SPYUSDC | 774.86 | 0.0131 | get 0.0066% / 4h | 21m 59s | $640K | $240K | 20x |
HTX SPY-USDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against HTX. 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
- $27.61
- Price spread: −0.017% → −0.048%
- $3.08
- Slippage, 4 orders
- −$19.25
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.56
- Costs to cover
- 0.403%
- Break-even
- 9.4 days
Slippage from HTX: live order book, 9 min ago; edgeX: live order book, 11 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 HTX live order book, 9 min ago | 2.45 bp | 8.5 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 3.29 bp | 11.4 bp −$11 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0300% | 1h | 774.02 | −0.125% | $161K | $295K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.89 | −0.013% | $422K | $719K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.78 | −0.028% | $865K | $275K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 775.07 | +0.010% | $28.9M | $85.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 775.13 | +0.018% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 775.09 | +0.013% | $8.0M | $3.5M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 775.01 | +0.003% | $6.9M | $5.7M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.61 | −0.049% | $740K | $2.1M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 775.06 | +0.009% | $23.0M | $12.3M | 100x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.93 | −0.008% | $158K | $509K | 10x | as long as short |
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
MEXC 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 | +0.138% | $2K | $1.6M | 10x | as long as short |
| HTX SPY-USDTlong | 0.0000% | 8h | 774.99 | long leg | $308K | $20K | 50x | |
| Lighter SPY | +0.0032% | 1h | 775.10 | +0.014% | $8.8M | $21.9M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 775.47 | +0.062% | $56.9M | $126.6M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 774.24 | −0.097% | $951K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.95 | −0.134% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 774.16 | −0.107% | $4.8M | $937K | 20x | as long as short |
| Bitget SPYUSDT | +0.0058% | 8h | 775.12 | +0.017% | $10.8M | $3.1M | 50x | as long as short |
| Nado SPY-PERP | +0.0067% | 1h | 774.58 | −0.053% | $1.5M | $307K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0080% | 1h | 774.50 | −0.063% | $935K | $629K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.46 | −0.068% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.58 | −0.053% | $154K | $32K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 775.07 | +0.010% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.59 | −0.052% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0124% | 1h | 775.01 | +0.003% | $22K | $74K | 20x | as long as short |
| edgeX SPYUSDCshort | +0.0131% | 4h | 774.86 | −0.017% | $640K | $240K | 20x | |
| GMX SPY/USD [ETH-USDC] | L +0.0326% / S −0.1264% | 1h | 775.03 | +0.006% | $25K | — | 53x | as long as short |
SunX 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
GMX SPY/USD [ETH-USDC]