Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Orderly against ApeX Omni+0.111%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.111% dearer against ApeX Omni than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPYUSDT | 773.09 | 0.0100 | pay 0.0013% / 1h | 56m 43s | $164K | $24K | 50x |
| Short | Orderly PERP_SPY_USDC_mythos | 773.95 | 0.0100 | get 0.0100% / 8h | 6h 56m | $1K | — | 20x |
ApeX Omni SPYUSDT
Orderly PERP_SPY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against ApeX Omni. 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: +0.111% → 0.000%
- $11.12
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.88
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 34 min ago; Orderly: 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 ApeX Omni live order book, 34 min ago | 2.14 bp | 13.1 bp −$13 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 774.10 | +0.131% | $414K | $411K | 50x | as long as short |
| Nado SPY-PERP | −0.0049% | 1h | 773.68 | +0.076% | $1.5M | $251K | 20x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 773.63 | +0.070% | $158K | $150K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.82 | +0.094% | $862K | $199K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.13 | +0.135% | $28.6M | $76.3M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.01 | +0.119% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.19 | +0.142% | $7.8M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.75 | +0.085% | $792K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.19 | +0.142% | $19.1M | $12.1M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.39 | +0.168% | $11.0M | $1.5M | 50x | as long as short |
BloFin SPY-USDT
Nado SPY-PERP
Phoenix SPY
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 775.17 | +0.269% | $2K | $1.3M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.78 | +0.089% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.31 | +0.158% | $300K | $38K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 773.95 | +0.111% | $7.9M | $17.1M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.30 | +0.157% | $56.8M | $115.1M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.12 | +0.004% | $968K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.99 | −0.013% | — | $85K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.14 | +0.006% | $4.8M | $850K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0064% | 1h | 772.60 | −0.063% | $951K | $505K | 20x | as long as short |
| GRVT SPY_USDT_Perp | +0.0097% | 8h | 774.16 | +0.138% | $161K | $341K | 10x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.53 | +0.057% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDTlong | +0.0100% | 1h | 773.09 | long leg | $164K | $24K | 50x | |
| Orderly PERP_SPY_USDC_mythosshort | +0.0100% | 8h | 773.95 | +0.111% | $1K | — | 20x | |
| Aevo SPY-PERP | +0.0104% | 1h | 773.38 | +0.038% | $87K | — | 10x | as long as short |
| RISEx SPY/USDC | +0.0114% | 1h | 774.05 | +0.124% | $7.2M | $3.5M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.25 | +0.149% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0472% | 4h | 774.04 | +0.123% | $640K | $242K | 20x | as long as short |
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Arcus SPY-USD
Vest SPY-USD-PERP
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
GRVT SPY_USDT_Perp
KuCoin SPYUSDTM
Aevo SPY-PERP
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC