Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against HTX−0.196%46s7-day average −0.137% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.196%, 7d avg −0.137%
=Together, before fees+0.079%+ Points / potential airdropVest: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.059% cheaper against HTX than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.137%). If the spread goes back, that is −$6 on $10k: about 4.3 days of funding at the current rate (+$1 a day). The two prices were read 46 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 | 774.16 | 0 | get 0.0000% / 8h | 6m 37s | $300K | $38K | 50x |
| Short | Vest SPY-USD-PERP | 772.64 | 0.0046 | get 0.0006% / 1h | 6m 37s | — | $123K | 50x |
HTX SPY-USDT
Vest SPY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: −0.196% → −0.137%
- −$5.93
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$10.34
- Costs to cover
- 0.140%
- Break-even
- 14.5 days
Slippage unknown: HTX: live order book, 30 min ago; Vest: no order-book sample. Net counts fees only.
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, 30 min ago | 2.45 bp | 8.5 bp −$8 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0155% | 1h | 773.28 | −0.114% | $158K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 773.83 | −0.043% | $418K | $444K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0025% | 1h | 773.36 | −0.103% | $164K | $25K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.85 | −0.040% | $863K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.82 | −0.044% | $28.6M | $75.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.67 | −0.063% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.74 | −0.054% | $7.9M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.29 | −0.112% | $770K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.81 | −0.045% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 773.93 | −0.030% | $10.9M | $1.6M | 50x | as long as short |
Phoenix SPY
BloFin SPY-USDT
ApeX Omni SPYUSDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
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 | 774.10 | −0.007% | $169K | $341K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 774.91 | +0.097% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDTlong | 0.0000% | 8h | 774.16 | long leg | $300K | $38K | 50x | |
| RISEx SPY/USDC | +0.0014% | 1h | 774.02 | −0.018% | $7.1M | $4.0M | 25x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0022% | 1h | 773.53 | −0.081% | $23K | $54K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.80 | −0.047% | $951K | $509K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 773.98 | −0.023% | $56.5M | $121.2M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.28 | −0.114% | $923K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERPshort | +0.0046% | 1h | 772.64 | −0.196% | — | $123K | 50x | |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.10 | −0.137% | $4.8M | $865K | 20x | as long as short |
| Nado SPY-PERP | +0.0050% | 1h | 773.37 | −0.103% | $1.6M | $247K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.24 | −0.119% | $2.5M | $997K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.85 | −0.040% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.29 | −0.112% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 773.86 | −0.039% | $7.9M | $18.0M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 773.82 | −0.045% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0299% | 4h | 773.83 | −0.042% | $639K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Arcus SPY-USD
Ondo Perps SPY-USD.P
Nado SPY-PERP
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC