Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against Orderly+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SPY_USDC_mythos | 774.34 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $1K | — | 20x |
| Short | MEXC SPY_USDT | 774.46 | 0.0007 | get 0.0007% / 8h | 5h 50m | $21.9M | $11.7M | 100x |
Orderly PERP_SPY_USDC_mythos
MEXC SPY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Orderly. 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
- −$19.53
- Price spread: +0.015% → 0.000%
- $1.55
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$23.98
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.9 bp −$428 |
Orderly: 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 26 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 | −0.0021% | 1h | 774.14 | −0.026% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.49 | +0.019% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.58 | +0.031% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.95 | −0.050% | $780K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.51 | +0.022% | $10.9M | $2.0M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.49 | +0.019% | $161K | $379K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.62 | +0.165% | $2K | $1.4M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.90 | +0.072% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0001% | 8h | 774.48 | +0.018% | $863K | $203K | 20x | as long as short |
| MEXC SPY_USDTshort | +0.0007% | 8h | 774.46 | +0.015% | $21.9M | $11.7M | 100x |
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
Aster SPYUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SPYUSDT | +0.0008% | 8h | 774.44 | +0.013% | $28.4M | $79.8M | 50x | as long as short |
| ApeX Omni SPYUSDT | +0.0016% | 1h | 773.25 | −0.141% | $162K | $24K | 50x | as long as short |
| Nado SPY-PERP | +0.0029% | 1h | 774.06 | −0.037% | $1.5M | $288K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.53 | −0.105% | $935K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.24 | −0.142% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.71 | −0.081% | $4.8M | $841K | 20x | as long as short |
| Lighter SPY | +0.0056% | 1h | 774.42 | +0.010% | $8.3M | $21.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.037% | $954K | $552K | 20x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.58 | +0.030% | $7.0M | $5.2M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.65 | −0.089% | $2.5M | $970K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythoslong | +0.0100% | 8h | 774.34 | long leg | $1K | — | 20x | |
| Aevo SPY-PERP | +0.0104% | 1h | 773.86 | −0.061% | $87K | — | 10x | as long as short |
| Lighter RH SPY | +0.0112% | 1h | 774.81 | +0.061% | $56.6M | $112.1M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0202% | 1h | 774.28 | −0.008% | $23K | $55K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.49 | +0.019% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0867% | 4h | 774.35 | +0.001% | $640K | $241K | 20x | as long as short |
Binance SPYUSDT
ApeX Omni SPYUSDT
Nado SPY-PERP
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Lighter SPY
Coinbase International SPY-PERP-INTX
RISEx SPY/USDC
KuCoin SPYUSDTM
Aevo SPY-PERP
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC