Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: SunX against Bitget+0.127%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2502.504% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.127%, 7d avg +0.131%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPYUSDT | 773.93 | 0 | get 0.0000% / 8h | 4m 58s | $10.9M | $1.6M | 50x |
| Short | SunX SPY-USDT | 774.91 | 0 | get 0.0000% / 8h | 4m 58s | $2K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.127% → +0.131%
- −$0.45
- Slippage, 4 orders
- −$230.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$250.8
- Costs to cover
- 2.504%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago | 0.06 bp | 7.0 bp −$7 | 8.6 bp −$86 | 12.5 bp −$1,252 | 19.8 bp −$9,903 |
| Sell SunX live order book, 9 min ago | 29.09 bp | 129.0 bp −$129 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0155% | 1h | 773.18 | −0.097% | $158K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 773.81 | −0.016% | $418K | $444K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 773.77 | −0.020% | $863K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.73 | −0.026% | $28.6M | $75.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.65 | −0.036% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.68 | −0.032% | $7.9M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.24 | −0.089% | $770K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.71 | −0.028% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDTlong | 0.0000% | 8h | 773.93 | long leg | $10.9M | $1.6M | 50x | |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 773.99 | +0.008% | $160K | $350K | 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-USDTshort | 0.0000% | 8h | 774.91 | +0.127% | $2K | $1.3M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.49 | −0.057% | $23K | $54K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.16 | +0.030% | $300K | $38K | 50x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 773.97 | +0.005% | $7.1M | $4.0M | 25x | as long as short |
| ApeX Omni SPYUSDT | +0.0016% | 1h | 773.33 | −0.078% | $164K | $25K | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.80 | −0.017% | $951K | $509K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 773.94 | +0.001% | $56.5M | $121.3M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.25 | −0.088% | $923K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 772.61 | −0.171% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.03 | −0.116% | $4.8M | $865K | 20x | as long as short |
| Nado SPY-PERP | +0.0052% | 1h | 773.36 | −0.074% | $1.6M | $247K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.19 | −0.096% | $2.5M | $997K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.78 | −0.019% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.26 | −0.086% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 773.77 | −0.021% | $7.9M | $18.0M | 50x | as long as short |
| edgeX SPYUSDC | +0.0147% | 4h | 773.74 | −0.025% | $639K | $242K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 773.74 | −0.025% | $10K | — | 26x | as long as short |
Bitget SPYUSDT
SunX SPY-USDT
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
GRVT SPY_USDT_Perp
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
ApeX Omni SPYUSDT
Coinbase International SPY-PERP-INTX
Lighter RH SPY
KuCoin SPYUSDTM
Lighter SPY
edgeX SPYUSDC
GMX SPY/USD [ETH-USDC]