Funding you earn now, next payment 08:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h +0.025%
Price spread now: edgeX against SunX−0.164%74s7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2562.558% of the position
Funding, last 7 days−0.794%−$79 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.164%, 7d avg −0.157%
=Together, before fees−0.789%+ Points / potential airdropedgeX: Active · farm board−$79 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.794%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 775.44 | 0 | get 0.0000% / 8h | 48m 04s | $2K | $1.3M | 10x |
| Short | edgeX SPYUSDC | 774.17 | 0.0324 | get 0.0162% / 4h | 48m 04s | $640K | $242K | 20x |
SunX SPY-USDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $68.11
- Price spread: −0.164% → −0.157%
- −$0.61
- Slippage, 4 orders
- −$238.75
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$188.25
- Costs to cover
- 2.558%
- Break-even
- 26.3 days
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 56 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, 6 min ago | 29.08 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 5.17 bp | 9.7 bp −$10 | 10.4 bp −$104 | 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 | −0.0194% | 1h | 773.48 | −0.253% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0155% | 1h | 773.74 | −0.219% | $161K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.174% | $419K | $446K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.41 | −0.133% | $864K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.37 | −0.138% | $28.6M | $76.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.13 | −0.169% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.30 | −0.147% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.86 | −0.204% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.37 | −0.138% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.53 | −0.117% | $10.9M | $1.6M | 50x | as long as short |
ApeX Omni SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.32 | −0.145% | $158K | $351K | 10x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.44 | long leg | $2K | $1.3M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.19 | −0.161% | $23K | $54K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.60 | −0.108% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0006% | 1h | 774.09 | −0.174% | $1.6M | $245K | 20x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.62 | −0.106% | $7.1M | $4.1M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.92 | −0.196% | $950K | $531K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.62 | −0.106% | $56.8M | $117.7M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.62 | −0.235% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.30 | −0.276% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.45 | −0.257% | $4.8M | $866K | 20x | as long as short |
| Lighter SPY | +0.0056% | 1h | 774.40 | −0.134% | $8.2M | $17.5M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.67 | −0.228% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.35 | −0.141% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.83 | −0.208% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.37 | −0.139% | $10K | — | 26x | as long as short |
| edgeX SPYUSDCshort | +0.0324% | 4h | 774.17 | −0.164% | $640K | $242K | 20x |
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Nado SPY-PERP
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]