Spread before costs (cost unknown: a leg has no order-book sample)+0.053%
7d average—if it closes, per $10,000$5funding while held, a day+$7.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SPY-PERP | 772.34 | 0.0104 | pay 0.0013% / 1h | 9m 20s | $87K | — | 10x |
| Short | RISEx SPY/USDC | 772.75 | 0.0339 | get 0.0042% / 1h | 9m 20s | $6.9M | $5.7M | 25x |
Aevo SPY-PERP
RISEx SPY/USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.32
- Funding while held
- $7.06
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$9.62
- Spread needed to break even
- 0.220%
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0235%
- Per $10,000 a day
- +$7.06
- Average in range /8h
- —
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 RISEx live order book, 1 min ago | 0.32 bp | 3.6 bp −$4 | 4.1 bp −$41 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Phoenix771.82cheapestVest772.00+0.023%Ondo Perps772.04+0.029%Arcus772.14+0.041%Nado772.17+0.045%KuCoin772.17+0.045%Coinbase International772.21+0.051%ApeX Omni772.24+0.054%Gate772.31+0.063%
Phoenix
Vest
Ondo Perps
Arcus
Nado
KuCoin
Coinbase International
ApeX Omni
GateAevo772.34+0.068%
HTX772.41+0.076%Aster772.61+0.102%OKX772.61+0.102%BloFin772.66+0.109%Bitget772.67+0.110%Deribit772.68+0.111%Lighter772.69+0.113%Bybit772.70+0.114%MEXC772.72+0.117%edgeX772.74+0.119%GMX772.75+0.120%Binance772.75+0.120%
HTX
Aster
OKX
BloFin
Bitget
Deribit
Lighter
Bybit
MEXC
GMX
BinanceRISEx772.75+0.121%
Orderly772.89+0.139%Lighter RH773.04+0.158%SunX773.90+0.269%
Orderly
Lighter RH
SunXSPY on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.068% | −0.0280% | 1h | $160K | $266K | 20x | as long as short |
| Vest SPY-USD-PERP | −0.044% | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Ondo Perps SPY-USD.P | −0.039% | +0.0050% | 1h | $4.7M | $491K | 20x | as long as short |
| Arcus SPY-USD | −0.026% | +0.0154% | 1h | $973K | $1.1M | 50x | as long as short |
| Nado SPY-PERP | −0.022% | +0.0087% | 1h | $1.6M | $366K | 20x | as long as short |
| KuCoin SPYUSDTM | −0.022% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | −0.017% | +0.0152% | 1h | $937K | $595K | 20x | as long as short |
| ApeX Omni SPYUSDT | −0.013% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| Gate SPY_USDT | −0.004% | 0.0000% | 8h | $728K | $1.8M | 75x | as long as short |
| Aevo SPY-PERPlong | 0.000% | +0.0104% | 1h | $87K | — | 10x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | +0.009% | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Aster SPYUSDT | +0.035% | +0.0119% | 8h | $862K | $221K | 20x | as long as short |
| OKX SPY-USDT-SWAP | +0.035% | +0.0077% | 8h | $8.2M | $3.0M | 50x | as long as short |
| BloFin SPY-USDT | +0.041% | −0.0011% | 8h | $432K | $695K | 50x | as long as short |
| Bitget SPYUSDT | +0.042% | +0.0189% | 8h | $10.9M | $3.0M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.044% | +0.0138% | 1h | $22K | $73K | 20x | as long as short |
| Lighter SPY | +0.045% | +0.0032% | 1h | $9.1M | $20.1M | 50x | as long as short |
| Bybit SPYUSDT | +0.046% | 0.0000% | 8h | $6.3M | $2.0M | 100x | as long as short |
| MEXC SPY_USDT | +0.049% | +0.0108% | 8h | $19.6M | $10.5M | 100x | as long as short |
| edgeX SPYUSDC | +0.051% | +0.0072% | 4h | $639K | $239K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | +0.052% | L +0.0414% / S −0.3519% | 1h | $24K | — | 53x | as long as short |
| Binance SPYUSDT | +0.053% | +0.0109% | 8h | $31.4M | $71.0M | 50x | as long as short |
| RISEx SPY/USDCshort | +0.053% | +0.0339% | 1h | $6.9M | $5.7M | 25x | |
| Orderly PERP_SPY_USDC_mythos | +0.071% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Lighter RH SPY | +0.090% | +0.0032% | 1h | $56.4M | $123.8M | 50x | as long as short |
| SunX SPY-USDT | +0.202% | 0.0000% | 8h | $2K | $1.5M | 10x | as long as short |