Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against Aster−0.007%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.007%, 7d avg −0.019%
=Together, before fees−0.089%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPYUSDT | 774.28 | 0 | get 0.0000% / 8h | 50m 29s | $864K | $193K | 20x |
| Short | OKX SPY-USDT-SWAP | 774.22 | 0 | get 0.0000% / 8h | 50m 29s | $7.9M | $3.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.007% → −0.019%
- $1.21
- Slippage, 4 orders
- −$3.85
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$20.64
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from Aster: live order book, 52 min ago; OKX: live order book, 3 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, 52 min ago | 0.45 bp | 5.1 bp −$5 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.06 bp | 6.7 bp −$7 | 8.5 bp −$85 | 16.5 bp −$1,647 | 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 | −0.0234% | 1h | 773.48 | −0.103% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0155% | 1h | 773.67 | −0.078% | $161K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.024% | $418K | $446K | 50x | as long as short |
| Aster SPYUSDTlong | 0.0000% | 8h | 774.28 | long leg | $864K | $193K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.33 | +0.007% | $28.6M | $76.5M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.06 | −0.028% | $6.2M | $1.7M | 100x | as long as short |
| OKX SPY-USDT-SWAPshort | 0.0000% | 8h | 774.22 | −0.007% | $7.9M | $3.3M | 50x | |
| Gate SPY_USDT | 0.0000% | 8h | 773.76 | −0.067% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.32 | +0.006% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.45 | +0.022% | $10.9M | $1.6M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.37 | +0.012% | $158K | $351K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.42 | +0.148% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.58 | +0.039% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0005% | 1h | 774.00 | −0.036% | $1.5M | $245K | 20x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.52 | +0.031% | $7.1M | $4.1M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.92 | −0.046% | $950K | $531K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.53 | +0.033% | $56.7M | $117.5M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0034% | 1h | 774.12 | −0.020% | $23K | $54K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.63 | −0.084% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.23 | −0.135% | — | $123K | 50x | as long as short |
| Lighter SPY | +0.0048% | 1h | 774.35 | +0.009% | $8.2M | $17.5M | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.45 | −0.107% | $4.8M | $866K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.64 | −0.082% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.28 | 0.000% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.75 | −0.068% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.27 | 0.000% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0990% | 4h | 774.22 | −0.008% | $640K | $242K | 20x | as long as short |
Aster SPYUSDT
OKX SPY-USDT-SWAP
ApeX Omni SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Binance SPYUSDT
Bybit SPYUSDT
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Lighter SPY
KuCoin SPYUSDTM
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC