Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against SunX−0.282%49s7-day average −0.247% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.282%, 7d avg −0.247%
=Together, before fees+0.047%+ Points / potential airdropVest: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.036% cheaper against SunX than usual: you would sell low and buy high (spread −0.282% now, against its 7-day average of −0.247%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$1 a day). The two prices were read 49 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 | 775.32 | 0 | get 0.0000% / 8h | 3h 03m | $2K | $1.4M | 10x |
| Short | Vest SPY-USD-PERP | 773.13 | 0.0046 | get 0.0006% / 1h | 3m 27s | — | $123K | 50x |
SunX SPY-USDT
Vest SPY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: −0.282% → −0.247%
- −$3.59
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$4
- Costs to cover
- 0.100%
- Break-even
- 9.9 days
Slippage unknown: SunX: live order book, 11 min ago; Vest: 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 SunX live order book, 11 min ago | 29.08 bp | 107.6 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0120% | 8h | 774.14 | −0.152% | $417K | $471K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0046% | 1h | 773.16 | −0.279% | $163K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0010% | 1h | 773.62 | −0.219% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0002% | 1h | 773.89 | −0.184% | $1.6M | $275K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.07 | −0.161% | $864K | $194K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.22 | −0.142% | $28.2M | $79.7M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.22 | −0.142% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.09 | −0.159% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.74 | −0.204% | $776K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.21 | −0.143% | $29.7M | $12.5M | 100x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Nado SPY-PERP
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.35 | −0.125% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.28 | −0.135% | $158K | $359K | 10x | as long as short |
| SunX SPY-USDTlong | 0.0000% | 8h | 775.32 | long leg | $2K | $1.4M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.43 | −0.115% | $308K | $20K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0021% | 1h | 773.98 | −0.173% | $23K | $56K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0037% | 1h | 773.00 | −0.299% | $4.7M | $831K | 20x | as long as short |
| Lighter RH SPY | +0.0040% | 1h | 774.56 | −0.098% | $56.3M | $118.7M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.46 | −0.240% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERPshort | +0.0046% | 1h | 773.13 | −0.282% | — | $123K | 50x | |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.90 | −0.183% | $951K | $558K | 20x | as long as short |
| Lighter SPY | +0.0088% | 1h | 774.31 | −0.130% | $8.2M | $19.3M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.45 | −0.241% | $2.5M | $973K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.16 | −0.150% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.35 | −0.125% | $7.0M | $5.0M | 25x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.60 | −0.221% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.23 | −0.141% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0984% | 4h | 774.05 | −0.164% | $640K | $242K | 20x | as long as short |
Bitget SPYUSDT
GRVT SPY_USDT_Perp
HTX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Ondo Perps SPY-USD.P
Lighter RH SPY
Arcus SPY-USD
Coinbase International SPY-PERP-INTX
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
RISEx SPY/USDC
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC