Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: HTX against MEXC+0.030%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.030%, 7d avg +0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 774.17 | 0 | get 0.0000% / 8h | 3h 37m | $29.7M | $12.5M | 100x |
| Short | HTX SPY-USDT | 774.40 | 0 | get 0.0000% / 8h | 3h 37m | $308K | $20K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against MEXC. 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: +0.030% → +0.032%
- −$0.27
- Slippage, 4 orders
- −$9.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$21.44
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; HTX: live order book, 15 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 MEXC live order book, 2 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.7 bp −$350 |
| Sell HTX live order book, 15 min ago | 2.45 bp | 12.6 bp −$13 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0120% | 8h | 774.25 | +0.010% | $417K | $468K | 50x | as long as short |
| Phoenix SPY | −0.0010% | 1h | 773.59 | −0.075% | $161K | $295K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.18 | +0.001% | $28.1M | $79.2M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.20 | +0.004% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.06 | −0.014% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.68 | −0.063% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDTlong | 0.0000% | 8h | 774.17 | long leg | $29.7M | $12.5M | 100x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.34 | +0.022% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.25 | +0.010% | $159K | $381K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.25 | +0.140% | $2K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDTshort | 0.0000% | 8h | 774.40 | +0.030% | $308K | $20K | 50x | |
| Aster SPYUSDT | +0.0017% | 8h | 774.15 | −0.002% | $864K | $194K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0026% | 1h | 773.48 | −0.089% | $163K | $24K | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.42 | −0.097% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.08 | −0.141% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0046% | 1h | 773.84 | −0.043% | $1.5M | $285K | 20x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.47 | +0.039% | $56.4M | $116.8M | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.03 | −0.147% | $4.8M | $842K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.016% | $954K | $552K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.47 | −0.090% | $2.5M | $973K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.19 | +0.003% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.30 | +0.017% | $7.0M | $5.0M | 25x | as long as short |
| Lighter SPY | +0.0104% | 1h | 774.25 | +0.010% | $8.2M | $19.3M | 50x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.60 | −0.074% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.17 | +0.001% | $10K | — | 26x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0228% | 1h | 774.07 | −0.013% | $23K | $56K | 20x | as long as short |
| edgeX SPYUSDC | +0.0248% | 4h | 774.04 | −0.017% | $640K | $242K | 20x | as long as short |
MEXC SPY_USDT
HTX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Aster SPYUSDT
ApeX Omni SPYUSDT
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
RISEx SPY/USDC
Lighter SPY
GMX SPY/USD [ETH-USDC]
Deribit SPY_USDC-PERPETUAL
edgeX SPYUSDC