After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.009%7d average−0.037%fees + slippage, in and out−$36spread needed0.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 773.67 | 0 | get 0.0000% / 8h | 5h 52m | $308K | $23K | 50x |
| Short | Binance SPYUSDT | 773.60 | 0.0021 | get 0.0021% / 8h | 5h 52m | $29.2M | $80.4M | 50x |
Price 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
- −$0.9
- Funding while held
- $0.63
- Slippage, 4 orders
- −$14.24
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.52
- Spread needed to break even
- 0.362%
Slippage from HTX: live order book, 46 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.63
- 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 HTX live order book, 46 min ago | 2.91 bp | 13.1 bp −$13 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.06 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.9 bp −$990 | 26.4 bp −$13.2K |
SPY price on every exchange
against the cheapest. Click to use as the short leg.SPY 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 | −0.147% | −0.0174% | 1h | $4.7M | $779K | 20x | as long as short |
| Phoenix SPY | −0.098% | −0.0404% | 1h | $160K | $295K | 20x | as long as short |
| KuCoin SPYUSDTM | −0.094% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Arcus SPY-USD | −0.092% | +0.0040% | 1h | $934K | $1.2M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | −0.087% | +0.0104% | 1h | $931K | $603K | 20x | as long as short |
| Vest SPY-USD-PERP | −0.084% | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Gate SPY_USDT | −0.071% | 0.0000% | 8h | $738K | $1.9M | 75x | as long as short |
| ApeX Omni SPYUSDT | −0.063% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| Aevo SPY-PERP | −0.053% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Nado SPY-PERP | −0.046% | −0.0052% | 1h | $1.6M | $258K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SPYUSDC | −0.022% | +0.0607% | 4h | $639K | $240K | 20x | as long as short |
| Aster SPYUSDT | −0.021% | +0.0030% | 8h | $861K | $273K | 20x | as long as short |
| OKX SPY-USDT-SWAP | −0.013% | +0.0010% | 8h | $8.1M | $3.2M | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | −0.012% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| BloFin SPY-USDT | −0.012% | −0.0097% | 8h | $431K | $706K | 50x | as long as short |
| Binance SPYUSDTshort | −0.009% | +0.0021% | 8h | $29.2M | $80.4M | 50x | |
| RISEx SPY/USDC | −0.009% | 0.0000% | 1h | $7.0M | $5.7M | 25x | as long as short |
| MEXC SPY_USDT | −0.009% | +0.0022% | 8h | $27.0M | $9.2M | 100x | 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 | −0.004% | 0.0000% | 8h | $6.3M | $2.1M | 100x | as long as short |
| Deribit SPY_USDC-PERPETUAL | −0.004% | 0.0000% | 1h | $22K | $73K | 20x | as long as short |
| Bitget SPYUSDT | −0.001% | +0.0122% | 8h | $10.8M | $3.1M | 50x | as long as short |
| HTX SPY-USDTlong | 0.000% | 0.0000% | 8h | $308K | $23K | 50x | |
| Lighter SPY | +0.022% | +0.0032% | 1h | $9.1M | $21.0M | 50x | as long as short |
| Lighter RH SPY | +0.047% | +0.0032% | 1h | $57.0M | $121.5M | 50x | as long as short |
| SunX SPY-USDT | +0.137% | 0.0000% | 8h | $2K | $1.6M | 10x | as long as short |
HTX SPY-USDT
Binance SPYUSDT
Phoenix
KuCoin
Coinbase International
Gate
ApeX Omni
Aster
OKX
BloFin
RISEx
MEXC
GMX
Bybit
Deribit
Bitget
Lighter
Lighter RH
SunX