Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: Binance against SunX−0.142%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2472.466% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.142%, 7d avg −0.143%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 775.39 | 0 | get 0.0000% / 8h | 3h 17m | $2K | $1.4M | 10x |
| Short | Binance SPYUSDT | 774.29 | 0 | get 0.0000% / 8h | 3h 17m | $28.3M | $79.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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: −0.142% → −0.143%
- $0.14
- Slippage, 4 orders
- −$228.62
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$246.48
- Costs to cover
- 2.466%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Binance: 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 SunX live order book, 7 min ago | 29.08 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.06 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.5 bp −$953 | 26.7 bp −$13.3K |
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 | −0.0120% | 8h | 774.28 | −0.143% | $416K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0012% | 1h | 773.24 | −0.277% | $163K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0010% | 1h | 773.75 | −0.212% | $161K | $295K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.12 | −0.164% | $864K | $194K | 20x | as long as short |
| Binance SPYUSDTshort | 0.0000% | 8h | 774.29 | −0.142% | $28.3M | $79.5M | 50x | |
| Bybit SPYUSDT | 0.0000% | 8h | 774.38 | −0.130% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.18 | −0.156% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.73 | −0.214% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.28 | −0.143% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.42 | −0.125% | $10.9M | $1.8M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.31 | −0.139% | $158K | $359K | 10x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.39 | long leg | $2K | $1.4M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.48 | −0.117% | $308K | $20K | 50x | as long as short |
| Nado SPY-PERP | +0.0018% | 1h | 773.99 | −0.181% | $1.5M | $267K | 20x | as long as short |
| Lighter RH SPY | +0.0040% | 1h | 774.68 | −0.092% | $56.4M | $117.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.46 | −0.249% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.19 | −0.284% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.12 | −0.293% | $4.7M | $837K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.74 | −0.213% | $950K | $556K | 20x | as long as short |
| Lighter SPY | +0.0080% | 1h | 774.36 | −0.133% | $8.2M | $19.3M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.49 | −0.245% | $2.5M | $975K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.08 | −0.169% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.42 | −0.125% | $7.0M | $5.0M | 25x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.68 | −0.221% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0112% | 1h | 774.21 | −0.152% | $23K | $56K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.28 | −0.143% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0646% | 4h | 774.15 | −0.160% | $640K | $242K | 20x | as long as short |
SunX SPY-USDT
Binance SPYUSDT
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Aster SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
HTX SPY-USDT
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Lighter SPY
KuCoin SPYUSDTM
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC