Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day+$2.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SPY_USDC-PERPETUAL | 773.47 | 0.0009 | pay 0.0001% / 1h | 47m 20s | $22K | $73K | 20x |
| Short | Orderly PERP_SPY_USDC_mythos | 773.50 | 0.0100 | get 0.0100% / 8h | 5h 47m | $1K | — | 20x |
Deribit SPY_USDC-PERPETUAL
Orderly PERP_SPY_USDC_mythosPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.39
- Funding while held
- $2.74
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.87
- Spread needed to break even
- 0.130%
Slippage unknown: Deribit: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0091%
- Per $10,000 a day
- +$2.74
- Average in range /8h
- —
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Deribit and 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps772.43cheapestKuCoin772.82+0.050%Arcus772.87+0.057%Vest772.91+0.062%Gate773.05+0.080%Aevo773.11+0.088%Phoenix773.18+0.097%Nado773.18+0.097%ApeX Omni773.31+0.114%Aster773.36+0.121%
Ondo Perps
KuCoin
Arcus
Vest
Gate
Aevo
Phoenix
Nado
ApeX Omni
AsterDeribit773.47+0.135%
OKX773.50+0.139%
OKXOrderly773.50+0.139%
Binance773.51+0.140%edgeX773.52+0.141%MEXC773.52+0.141%Coinbase International773.52+0.141%BloFin773.52+0.141%RISEx773.52+0.142%GMX773.53+0.143%Bybit773.55+0.145%Bitget773.60+0.151%HTX773.61+0.153%Lighter773.75+0.171%Lighter RH773.95+0.197%SunX774.63+0.285%
Binance
MEXC
Coinbase International
BloFin
RISEx
GMX
Bybit
Bitget
HTX
Lighter
Lighter RH
SunXSPY on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SPY-USD.P | −0.134% | −0.0174% | 1h | $4.7M | $779K | 20x | as long as short |
| KuCoin SPYUSDTM | −0.084% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Arcus SPY-USD | −0.078% | +0.0040% | 1h | $934K | $1.2M | 50x | as long as short |
| Vest SPY-USD-PERP | −0.072% | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Gate SPY_USDT | −0.054% | 0.0000% | 8h | $738K | $2.0M | 75x | as long as short |
| Aevo SPY-PERP | −0.047% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Phoenix SPY | −0.037% | −0.0404% | 1h | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.037% | −0.0052% | 1h | $1.6M | $258K | 20x | as long as short |
| ApeX Omni SPYUSDT | −0.021% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| Aster SPYUSDT | −0.014% | +0.0027% | 8h | $861K | $273K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit SPY_USDC-PERPETUALlong | 0.000% | +0.0009% | 1h | $22K | $73K | 20x | |
| OKX SPY-USDT-SWAP | +0.004% | +0.0005% | 8h | $8.1M | $3.2M | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythosshort | +0.004% | +0.0100% | 8h | $1K | — | 20x | |
| Binance SPYUSDT | +0.005% | +0.0015% | 8h | $29.2M | $80.8M | 50x | as long as short |
| edgeX SPYUSDC | +0.006% | +0.0410% | 4h | $639K | $240K | 20x | as long as short |
| MEXC SPY_USDT | +0.006% | +0.0016% | 8h | $27.3M | $9.2M | 100x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.006% | +0.0104% | 1h | $933K | $605K | 20x | as long as short |
| BloFin SPY-USDT | +0.006% | −0.0103% | 8h | $430K | $706K | 50x | as long as short |
| RISEx SPY/USDC | +0.007% | 0.0000% | 1h | $7.0M | $5.7M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | +0.008% | L +0.0327% / S −0.2140% | 1h | $24K | — | 53x | as long as short |
| Bybit SPYUSDT | +0.010% | 0.0000% | 8h | $6.3M | $2.1M | 100x | as long as short |
| Bitget SPYUSDT | +0.017% | +0.0117% | 8h | $10.8M | $3.1M | 50x | as long as short |
| HTX SPY-USDT | +0.018% | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Lighter SPY | +0.036% | +0.0032% | 1h | $9.0M | $21.0M | 50x | as long as short |
| Lighter RH SPY | +0.062% | +0.0032% | 1h | $57.0M | $122.0M | 50x | as long as short |
| SunX SPY-USDT | +0.150% | 0.0000% | 8h | $2K | $1.6M | 10x | as long as short |