Funding you earn now, next payment 05:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.024%
Price spread now: BloFin against Aevo+0.053%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.426%−$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BloFin is 0.053% dearer against Aevo than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 53 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 | Aevo SPY-PERP | 773.70 | 0.0104 | pay 0.0013% / 1h | 43m 52s | $87K | — | 10x |
| Short | BloFin SPY-USDT | 774.11 | −0.0120 | pay 0.0120% / 8h | 3h 43m | $416K | $468K | 50x |
Aevo SPY-PERP
BloFin SPY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aevo. 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
- −$47.04
- Price spread: +0.053% → 0.000%
- $5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.7
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 52 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 52 min ago | 0.06 bp | 6.1 bp −$6 | 6.3 bp −$63 | 8.4 bp −$838 | 16.0 bp −$7,986 |
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-USDTshort | −0.0120% | 8h | 774.11 | +0.053% | $416K | $468K | 50x | |
| Phoenix SPY | −0.0010% | 1h | 773.90 | +0.026% | $161K | $295K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.30 | +0.078% | $28.1M | $79.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.29 | +0.077% | $6.3M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.12 | +0.055% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.76 | +0.008% | $775K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.29 | +0.077% | $29.0M | $12.3M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.37 | +0.087% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.32 | +0.080% | $163K | $374K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.36 | +0.215% | $2K | $1.4M | 10x | as long as short |
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.47 | +0.100% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDT | +0.0024% | 8h | 774.27 | +0.074% | $864K | $194K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0034% | 1h | 774.04 | +0.044% | $23K | $56K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.52 | −0.023% | $935K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.16 | −0.069% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.41 | −0.037% | $4.8M | $827K | 20x | as long as short |
| Nado SPY-PERP | +0.0055% | 1h | 773.96 | +0.034% | $1.5M | $285K | 20x | as long as short |
| Lighter RH SPY | +0.0056% | 1h | 774.55 | +0.110% | $56.4M | $115.5M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | +0.046% | $954K | $552K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0066% | 1h | 773.15 | −0.071% | $162K | $24K | 50x | as long as short |
| Lighter SPY | +0.0096% | 1h | 774.31 | +0.079% | $8.2M | $19.2M | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.47 | −0.029% | $2.5M | $973K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.19 | +0.064% | $1K | — | 20x | as long as short |
| RISEx SPY/USDC | +0.0100% | 1h | 774.41 | +0.093% | $7.0M | $5.0M | 25x | as long as short |
| Aevo SPY-PERPlong | +0.0104% | 1h | 773.70 | long leg | $87K | — | 10x | |
| edgeX SPYUSDC | +0.0196% | 4h | 774.14 | +0.058% | $640K | $243K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.29 | +0.077% | $10K | — | 26x | as long as short |
HTX SPY-USDT
Aster SPYUSDT
Deribit SPY_USDC-PERPETUAL
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Nado SPY-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
Lighter SPY
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
RISEx SPY/USDC
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]