Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against RISEx+0.005%7-day average +0.012% · 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−$8as in the Price arb table
costs, in and out, $10k−$70.074% of the position
Funding, last 4 days (all we have)−0.065%−$7 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.005%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPY/USDC | 774.63 | 0 | get 0.0000% / 1h | 42m 54s | $7.1M | $3.3M | 25x |
| Short | MEXC SPY_USDT | 774.67 | 0 | get 0.0000% / 8h | 5h 42m | $29.2M | $13.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: +0.005% → +0.012%
- −$0.66
- Slippage, 4 orders
- −$1.4
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$8.06
- Costs to cover
- 0.074%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 4 min ago; MEXC: live order book, 4 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 RISEx live order book, 4 min ago | 0.06 bp | 3.1 bp −$3 | 3.2 bp −$32 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.06 bp | 0.1 bp $0 | 0.3 bp −$3 | 0.7 bp −$75 | 2.0 bp −$985 |
SPY on 27 exchanges
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 | −0.0195% | 1h | 774.06 | −0.074% | $223K | $51K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.69 | +0.008% | $417K | $422K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.66 | +0.004% | $863K | $200K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.69 | +0.007% | $28.5M | $75.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.60 | −0.004% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.53 | −0.013% | $7.8M | $3.1M | 50x | as long as short |
| RISEx SPY/USDClong | 0.0000% | 1h | 774.63 | long leg | $7.1M | $3.3M | 25x | |
| Gate SPY_USDT | 0.0000% | 8h | 774.21 | −0.054% | $788K | $2.5M | 75x | as long as short |
| MEXC SPY_USDTshort | 0.0000% | 8h | 774.67 | +0.005% | $29.2M | $13.3M | 100x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.78 | +0.019% | $11.1M | $1.6M | 50x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.88 | +0.033% | $161K | $336K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 774.24 | −0.051% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.82 | +0.153% | $2K | $1.2M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.29 | −0.044% | $23K | $39K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.99 | +0.046% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0004% | 1h | 774.33 | −0.039% | $1.5M | $283K | 20x | as long as short |
| Arcus SPY-USD | +0.0015% | 1h | 773.76 | −0.113% | $980K | $1.4M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.48 | −0.020% | $7.8M | $16.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.82 | +0.024% | $56.8M | $115.0M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.49 | −0.147% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.63 | −0.129% | $4.8M | $842K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.22 | −0.053% | $952K | $171K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.07 | −0.072% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.60 | −0.004% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.06 | −0.074% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.71 | +0.009% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0236% | 4h | 774.35 | −0.036% | $640K | $244K | 20x | as long as short |
RISEx SPY/USDC
MEXC SPY_USDT
ApeX Omni SPYUSDT
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
Phoenix SPY
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC