Funding you earn now, next payment 07:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.019%
Price spread now: SunX against Nado+0.175%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2492.493% of the position
Funding, last 3 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.175%, 7d avg +0.180%
=Together, before fees+0.005%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.180%, 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 | Nado SPY-PERP | 774.10 | −0.0011 | get 0.0001% / 1h | 24m 37s | $1.6M | $254K | 20x |
| Short | SunX SPY-USDT | 775.45 | 0 | get 0.0000% / 8h | 1h 24m | $2K | $1.4M | 10x |
Nado SPY-PERP
SunX SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Nado. 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
- $2.24
- Price spread: +0.175% → +0.180%
- −$0.5
- Slippage, 4 orders
- −$234.26
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$247.53
- Costs to cover
- 2.493%
- Break-even
- 781.8 days
Slippage from Nado: live order book, 4 min ago; SunX: live order book, 9 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 Nado live order book, 4 min ago | 0.06 bp | 6.3 bp −$6 | 16.2 bp −$162 | 57.3 bp −$5,733 | doesn't fit |
| Sell SunX live order book, 9 min ago | 29.08 bp | 128.9 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0217% | 1h | 773.48 | −0.080% | $164K | $25K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.10 | +0.001% | $419K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0114% | 1h | 773.79 | −0.040% | $161K | $294K | 20x | as long as short |
| Ondo Perps SPY-USD.P | −0.0026% | 1h | 773.40 | −0.090% | $4.8M | $870K | 20x | as long as short |
| Nado SPY-PERPlong | −0.0011% | 1h | 774.10 | long leg | $1.6M | $254K | 20x | |
| Aster SPYUSDT | 0.0000% | 8h | 774.27 | +0.023% | $864K | $198K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.35 | +0.033% | $28.7M | $78.7M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.07 | −0.003% | $6.2M | $1.7M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.19 | +0.012% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.82 | −0.036% | $770K | $2.5M | 75x | as long as short |
ApeX Omni SPYUSDT
BloFin SPY-USDT
Phoenix SPY
Ondo Perps SPY-USD.P
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPY_USDT | 0.0000% | 8h | 774.36 | +0.034% | $29.7M | $11.9M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.47 | +0.048% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.43 | +0.043% | $158K | $361K | 10x | as long as short |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.45 | +0.175% | $2K | $1.4M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.93 | −0.021% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.48 | +0.050% | $300K | $38K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.41 | +0.041% | $8.2M | $18.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.65 | +0.072% | $56.2M | $119.2M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0032% | 1h | 773.92 | −0.023% | $950K | $555K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.54 | −0.072% | $927K | $1.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0043% | 1h | 774.62 | +0.068% | $7.1M | $4.2M | 25x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.39 | −0.091% | — | $123K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.49 | −0.078% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.24 | +0.019% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.82 | −0.036% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.36 | +0.033% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0616% | 4h | 774.22 | +0.017% | $640K | $241K | 20x | as long as short |
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Arcus SPY-USD
RISEx SPY/USDC
Vest SPY-USD-PERP
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC