Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against HTX−0.009%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now −0.009%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.024% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 774.12 | 0 | get 0.0000% / 8h | 6h 10m | $300K | $38K | 50x |
| Short | MEXC SPY_USDT | 774.05 | 0 | get 0.0000% / 8h | 6h 10m | $19.1M | $12.2M | 100x |
HTX SPY-USDT
MEXC SPY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.009% → −0.033%
- $2.4
- Slippage, 4 orders
- −$14.92
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$24.52
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from HTX: live order book, 39 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 HTX live order book, 39 min ago | 6.85 bp | 13.9 bp −$14 | 14.8 bp −$148 | 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 | 0.2 bp −$21 | 2.1 bp −$1,047 |
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 | 774.08 | −0.005% | $416K | $413K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.12 | 0.000% | $862K | $192K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.05 | −0.009% | $28.5M | $74.9M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.06 | −0.008% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.14 | +0.003% | $7.8M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.70 | −0.054% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDTshort | 0.0000% | 8h | 774.05 | −0.009% | $19.1M | $12.2M | 100x | |
| Bitget SPYUSDT | 0.0000% | 8h | 773.78 | −0.044% | $11.0M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.05 | −0.009% | $167K | $332K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.25 | +0.146% | $2K | $1.2M | 10x | as long as short |
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDTlong | 0.0000% | 8h | 774.12 | long leg | $300K | $38K | 50x | |
| Nado SPY-PERP | 0.0000% | 1h | 773.73 | −0.050% | $1.5M | $265K | 20x | as long as short |
| Phoenix SPY | +0.0010% | 1h | 773.50 | −0.080% | $158K | $150K | 20x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.88 | −0.031% | $7.8M | $17.1M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.18 | +0.008% | $56.9M | $118.0M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.08 | −0.134% | $977K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.95 | −0.151% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.13 | −0.128% | $4.8M | $845K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 773.37 | −0.097% | $951K | $169K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.40 | −0.093% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 773.46 | −0.085% | $164K | $24K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.96 | −0.021% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.46 | −0.085% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0114% | 1h | 773.98 | −0.018% | $7.1M | $3.4M | 25x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0138% | 1h | 773.89 | −0.030% | $23K | $39K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.12 | −0.001% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0507% | 4h | 773.79 | −0.042% | $639K | $244K | 20x | as long as short |
Nado SPY-PERP
Phoenix SPY
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC