Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Bitget+0.016%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.016%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPYUSDT | 772.76 | 0 | get 0.0000% / 8h | 7h 36m | $10.9M | $1.5M | 50x |
| Short | HTX SPY-USDT | 772.88 | 0 | get 0.0000% / 8h | 7h 36m | $299K | $38K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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: +0.016% → +0.021%
- −$0.5
- Slippage, 4 orders
- −$13.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.53
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 60 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 Bitget live order book, 2 min ago | 0.06 bp | 6.8 bp −$7 | 9.3 bp −$93 | 14.4 bp −$1,444 | 22.0 bp −$11.0K |
| Sell HTX live order book, 60 min ago | 2.45 bp | 14.6 bp −$15 | 23.2 bp −$232 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0120% | 8h | 772.71 | −0.006% | $416K | $439K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 772.18 | −0.075% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 772.32 | −0.056% | $864K | $196K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 772.44 | −0.041% | $28.6M | $75.3M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.50 | −0.034% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 772.58 | −0.023% | $7.9M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 772.17 | −0.076% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.50 | −0.034% | $29.6M | $11.6M | 100x | as long as short |
| Bitget SPYUSDTlong | 0.0000% | 8h | 772.76 | long leg | $10.9M | $1.5M | 50x | |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.08 | +0.041% | $160K | $340K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 773.76 | +0.129% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDTshort | 0.0000% | 8h | 772.88 | +0.016% | $299K | $38K | 50x | |
| Lighter RH SPY | +0.0032% | 1h | 772.67 | −0.012% | $56.6M | $118.3M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 772.03 | −0.094% | $920K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.51 | −0.162% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 772.00 | −0.098% | $4.8M | $849K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 773.80 | +0.135% | $951K | $508K | 20x | as long as short |
| Nado SPY-PERP | +0.0077% | 1h | 772.22 | −0.070% | $1.5M | $250K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 772.14 | −0.080% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 772.36 | −0.052% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.42 | −0.044% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 772.02 | −0.096% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 772.54 | −0.028% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.63 | −0.016% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.73 | −0.003% | $7.2M | $3.5M | 25x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0216% | 1h | 772.50 | −0.034% | $23K | $55K | 20x | as long as short |
| edgeX SPYUSDC | +0.0424% | 4h | 772.65 | −0.014% | $638K | $242K | 20x | as long as short |
Bitget SPYUSDT
HTX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
Deribit SPY_USDC-PERPETUAL
edgeX SPYUSDC