Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.014%
Price spread now: Nado against HTX−0.107%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.107%, 7d avg −0.070%
=Together, before fees−0.002%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.036% cheaper against HTX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.070%). If the spread goes back, that is −$4 on $10k: about 2.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 775.18 | 0 | get 0.0000% / 8h | 4h 59m | $300K | $25K | 50x |
| Short | Nado SPY-PERP | 774.35 | 0.0060 | get 0.0008% / 1h | 59m 00s | $1.5M | $277K | 20x |
HTX SPY-USDT
Nado SPY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $12.67
- Price spread: −0.107% → −0.070%
- −$3.65
- Slippage, 4 orders
- −$20.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$30.58
- Costs to cover
- 0.396%
- Break-even
- 23.9 days
Slippage from HTX: live order book, 46 min ago; Nado: live order book, 3 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, 46 min ago | 6.71 bp | 14.0 bp −$14 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.06 bp | 6.0 bp −$6 | 14.6 bp −$146 | 39.9 bp −$3,991 | doesn't fit |
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 | −0.052% | $420K | $371K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.77 | −0.053% | $863K | $206K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.74 | −0.057% | $28.5M | $73.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.70 | −0.062% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.68 | −0.065% | $7.8M | $3.1M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.76 | −0.055% | $7.1M | $3.2M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.37 | −0.104% | $788K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.82 | −0.046% | $29.3M | $13.3M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.85 | −0.043% | $11.1M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 775.11 | −0.009% | $165K | $335K | 10x | as long as short |
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_PerpShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SPY | 0.0000% | 1h | 774.36 | −0.106% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.87 | +0.089% | $2K | $1.1M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.48 | −0.090% | $23K | $38K | 20x | as long as short |
| HTX SPY-USDTlong | 0.0000% | 8h | 775.18 | long leg | $300K | $25K | 50x | |
| Arcus SPY-USD | +0.0015% | 1h | 773.90 | −0.165% | $1.0M | $1.4M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.65 | −0.068% | $7.8M | $16.0M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.95 | −0.030% | $57.2M | $114.1M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0040% | 1h | 774.26 | −0.119% | $952K | $172K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.65 | −0.197% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 774.05 | −0.146% | $4.8M | $836K | 20x | as long as short |
| Nado SPY-PERPshort | +0.0060% | 1h | 774.35 | −0.107% | $1.5M | $277K | 20x | |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.31 | −0.112% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.57 | −0.079% | $226K | $54K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.77 | −0.053% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.24 | −0.121% | $87K | — | 10x | as long as short |
| edgeX SPYUSDC | +0.0165% | 4h | 774.73 | −0.058% | $640K | $244K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.83 | −0.046% | $10K | — | 26x | as long as short |
Phoenix SPY
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Arcus SPY-USD
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]