Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.020%
Price spread now: edgeX against Aster+0.009%70s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as 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−$300.296% of the position
Funding, last 7 days−0.880%−$88 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.009%, 7d avg −0.019%
=Together, before fees−0.921%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$92 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.029% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 70 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 | Aster SPYUSDT | 774.17 | 0 | get 0.0000% / 8h | 1h 44m | $863K | $196K | 20x |
| Short | edgeX SPYUSDC | 774.24 | 0.0002 | get 0.0001% / 4h | 1h 44m | $640K | $243K | 20x |
Aster SPYUSDT
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Aster. 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
- $0.46
- Price spread: +0.009% → −0.019%
- $2.89
- Slippage, 4 orders
- −$12.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$26.25
- Costs to cover
- 0.296%
- Break-even
- 404.8 days
Slippage from Aster: live order book, 63 min ago; edgeX: live order book, 64 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 Aster live order book, 63 min ago | 0.45 bp | 5.6 bp −$6 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 5.17 bp | 9.7 bp −$10 | 10.5 bp −$105 | 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 | −0.0249% | 1h | 773.48 | −0.089% | $164K | $25K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.010% | $419K | $472K | 50x | as long as short |
| Phoenix SPY | −0.0114% | 1h | 773.79 | −0.049% | $161K | $294K | 20x | as long as short |
| Ondo Perps SPY-USD.P | −0.0062% | 1h | 773.15 | −0.131% | $4.7M | $832K | 20x | as long as short |
| Nado SPY-PERP | −0.0032% | 1h | 774.13 | −0.005% | $1.5M | $255K | 20x | as long as short |
| Aster SPYUSDTlong | 0.0000% | 8h | 774.17 | long leg | $863K | $196K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.30 | +0.017% | $28.6M | $78.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.21 | +0.006% | $6.2M | $1.7M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.20 | +0.004% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.90 | −0.034% | $770K | $2.4M | 75x | as long as short |
ApeX Omni SPYUSDT
BloFin SPY-USDT
Phoenix SPY
Ondo Perps SPY-USD.P
Nado SPY-PERP
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPY_USDT | 0.0000% | 8h | 774.30 | +0.017% | $29.7M | $11.9M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.48 | +0.040% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.44 | +0.035% | $169K | $351K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.50 | +0.172% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.08 | −0.011% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.69 | +0.068% | $300K | $38K | 50x | as long as short |
| edgeX SPYUSDCshort | +0.0002% | 4h | 774.24 | +0.009% | $640K | $243K | 20x | |
| Lighter SPY | +0.0032% | 1h | 774.42 | +0.033% | $8.2M | $18.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.73 | +0.073% | $56.3M | $117.9M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0032% | 1h | 773.77 | −0.051% | $950K | $555K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.48 | −0.089% | $927K | $1.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0043% | 1h | 774.58 | +0.053% | $7.0M | $4.1M | 25x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.37 | −0.103% | — | $123K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.61 | −0.072% | $2.5M | $990K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.24 | +0.009% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.78 | −0.050% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.30 | +0.018% | $10K | — | 26x | as long as short |
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Coinbase International SPY-PERP-INTX
Arcus SPY-USD
RISEx SPY/USDC
Vest SPY-USD-PERP
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]