Funding you earn now, next payment 04:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: Aevo against RISEx−0.090%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.090% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPY/USDC | 774.34 | 0.0173 | pay 0.0022% / 1h | 7m 46s | $7.0M | $5.0M | 25x |
| Short | Aevo SPY-PERP | 773.64 | 0.0104 | get 0.0013% / 1h | 7m 46s | $87K | — | 10x |
RISEx SPY/USDC
Aevo SPY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against RISEx. 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
- −$14.5
- Price spread: −0.090% → 0.000%
- −$9.04
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$45.54
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; Aevo: 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 RISEx live order book, 1 min ago | 0.06 bp | 3.4 bp −$3 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0119% | 8h | 774.22 | −0.016% | $417K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0032% | 1h | 772.98 | −0.176% | $162K | $24K | 50x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.23 | −0.015% | $28.2M | $79.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.26 | −0.011% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.21 | −0.017% | $7.9M | $3.2M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.71 | −0.082% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.24 | −0.013% | $26.8M | $12.2M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.40 | +0.007% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.37 | +0.004% | $163K | $374K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 773.62 | −0.093% | $161K | $295K | 20x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPYShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 775.25 | +0.117% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.84 | −0.065% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.51 | +0.022% | $308K | $20K | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.59 | −0.097% | $935K | $1.4M | 50x | as long as short |
| Aster SPYUSDT | +0.0045% | 8h | 774.30 | −0.006% | $865K | $196K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.06 | −0.166% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.43 | −0.118% | $4.8M | $828K | 20x | as long as short |
| Lighter RH SPY | +0.0064% | 1h | 774.52 | +0.023% | $56.4M | $115.7M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 774.05 | −0.038% | $954K | $552K | 20x | as long as short |
| Nado SPY-PERP | +0.0075% | 1h | 773.91 | −0.056% | $1.5M | $280K | 20x | as long as short |
| Lighter SPY | +0.0080% | 1h | 774.27 | −0.009% | $8.2M | $19.7M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.91 | −0.056% | $2.5M | $973K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.26 | −0.011% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 773.64 | −0.090% | $87K | — | 10x | |
| RISEx SPY/USDClong | +0.0173% | 1h | 774.34 | long leg | $7.0M | $5.0M | 25x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.24 | −0.014% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0333% | 4h | 774.09 | −0.032% | $640K | $241K | 20x | as long as short |
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Arcus SPY-USD
Aster SPYUSDT
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Nado SPY-PERP
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC