Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.043%
Price spread now: SunX against MEXC+0.143%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2362.362% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.143%, 7d avg +0.143%
=The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 774.36 | 0.0011 | pay 0.0011% / 8h | 5h 25m | $23.3M | $12.0M | 100x |
| Short | SunX SPY-USDT | 775.47 | 0 | get 0.0000% / 8h | 5h 25m | $1K | $1.4M | 10x |
MEXC SPY_USDT
SunX SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$2.31
- Price spread: +0.143% → +0.143%
- $0.06
- Slippage, 4 orders
- −$228.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$238.43
- Costs to cover
- 2.362%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 10 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, 4 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.6 bp −$285 |
| Sell SunX live order book, 10 min ago | 29.07 bp | 128.8 bp −$129 | doesn't fit | 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 | −0.0108% | 8h | 774.37 | +0.001% | $418K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0082% | 1h | 773.48 | −0.114% | $162K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0021% | 1h | 773.71 | −0.084% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.39 | +0.004% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.40 | +0.005% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.85 | −0.066% | $780K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.53 | +0.022% | $10.9M | $1.9M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.46 | +0.013% | $162K | $375K | 10x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.47 | +0.143% | $1K | $1.4M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.69 | +0.043% | $308K | $20K | 50x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
HTX SPY-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SPYUSDT | +0.0006% | 8h | 774.43 | +0.009% | $863K | $203K | 20x | as long as short |
| MEXC SPY_USDTlong | +0.0011% | 8h | 774.36 | long leg | $23.3M | $12.0M | 100x | |
| Binance SPYUSDT | +0.0012% | 8h | 774.37 | +0.001% | $28.3M | $79.7M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.53 | −0.107% | $931K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.10 | −0.163% | — | $123K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0047% | 1h | 774.00 | −0.046% | $23K | $55K | 20x | as long as short |
| Nado SPY-PERP | +0.0048% | 1h | 773.90 | −0.060% | $1.5M | $292K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.58 | −0.101% | $4.8M | $842K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.040% | $954K | $552K | 20x | as long as short |
| Lighter SPY | +0.0064% | 1h | 774.25 | −0.014% | $8.3M | $21.0M | 50x | as long as short |
| Lighter RH SPY | +0.0096% | 1h | 774.60 | +0.031% | $56.4M | $114.5M | 50x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.51 | +0.020% | $6.9M | $5.0M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.75 | −0.079% | $2.5M | $977K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.37 | +0.001% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.78 | −0.075% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.38 | +0.002% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0718% | 4h | 774.22 | −0.019% | $640K | $241K | 20x | as long as short |
Aster SPYUSDT
Binance SPYUSDT
Arcus SPY-USD
Vest SPY-USD-PERP
Deribit SPY_USDC-PERPETUAL
Nado SPY-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
Lighter SPY
Lighter RH SPY
RISEx SPY/USDC
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC