Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate+0.191%61s7-day average +0.169% · you sell dearer than you buy
to open and close $10k−$260fees + slippage, both legs, in and out
costs, in % of the position2.601%what the two incomes have to cover
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now +0.191%, 7d avg +0.169%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.022% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.169%. The two prices were read 61 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 | Gate SPY_USDT | 774.12 | 0 | get 0.0000% / 8h | 4h 52m | $739K | $2.0M | 75x |
| Short | SunX SPY-USDT | 775.60 | 0 | get 0.0000% / 8h | 4h 52m | $2K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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: +0.191% → +0.169%
- $2.21
- Slippage, 4 orders
- −$237.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$257.92
- Costs to cover
- 2.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 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 Gate live order book, 7 min ago | 3.36 bp | 11.7 bp −$12 | 16.7 bp −$167 | 55.5 bp −$5,553 | doesn't fit |
| Sell SunX live order book, 9 min ago | 29.06 bp | 128.7 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 | −0.0300% | 1h | 773.98 | −0.018% | $161K | $295K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.66 | +0.070% | $426K | $717K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.49 | +0.048% | $865K | $274K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.55 | +0.056% | $29.0M | $84.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.61 | +0.063% | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.53 | +0.053% | $8.0M | $3.5M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.59 | +0.061% | $6.9M | $5.7M | 25x | as long as short |
| Gate SPY_USDTlong | 0.0000% | 8h | 774.12 | long leg | $739K | $2.0M | 75x | |
| MEXC SPY_USDT | 0.0000% | 8h | 774.54 | +0.054% | $22.6M | $12.2M | 100x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.70 | +0.075% | $158K | $518K | 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 | 775.60 | +0.191% | $2K | $1.6M | 10x | |
| HTX SPY-USDT | 0.0000% | 8h | 774.91 | +0.102% | $309K | $20K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.64 | +0.067% | $9.0M | $21.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.93 | +0.105% | $57.1M | $124.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 774.05 | −0.009% | $951K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.49 | −0.081% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.80 | −0.041% | $4.8M | $896K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0060% | 1h | 774.38 | +0.034% | $22K | $74K | 20x | as long as short |
| Bitget SPYUSDT | +0.0072% | 8h | 774.60 | +0.062% | $10.8M | $3.1M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0080% | 1h | 774.49 | +0.048% | $933K | $619K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.12 | 0.000% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 774.12 | 0.000% | $154K | $32K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.59 | +0.061% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.07 | −0.007% | $87K | — | 10x | as long as short |
| Nado SPY-PERP | +0.0149% | 1h | 774.10 | −0.002% | $1.5M | $305K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0327% / S −0.1264% | 1h | 774.50 | +0.048% | $25K | — | 53x | as long as short |
| edgeX SPYUSDC | +0.0809% | 4h | 774.51 | +0.051% | $640K | $240K | 20x | as long as short |
Gate SPY_USDT
SunX SPY-USDT
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
MEXC SPY_USDT
GRVT SPY_USDT_Perp
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Bitget SPYUSDT
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC