After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.059%7d average−0.049%fees + slippage, in and out−$41spread needed0.412%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 769.93 | 0 | get 0.0000% / 8h | 1h 26m | $307K | $23K | 50x |
| Short | edgeX SPYUSDC | 769.47 | 0.0180 | get 0.0090% / 4h | 1h 26m | $641K | $233K | 20x |
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
- −$5.93
- Funding while held
- $5.41
- Slippage, 4 orders
- −$20.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$41.69
- Spread needed to break even
- 0.412%
Slippage from HTX: live order book, 27 min ago; edgeX: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0180%
- Per $10,000 a day
- +$5.41
- 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, 27 min ago | 2.47 bp | 8.5 bp −$8 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 5.14 bp | 9.7 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.157% | −0.0240% | 1h | $176K | $229K | 20x | as long as short |
| Ondo Perps SPY-USD.P | −0.144% | +0.0030% | 1h | $4.8M | $384K | 20x | as long as short |
| Arcus SPY-USD | −0.126% | +0.0040% | 1h | $1.0M | $957K | 50x | as long as short |
| Vest SPY-USD-PERP | −0.090% | +0.0046% | 1h | — | $61K | 50x | as long as short |
| Aevo SPY-PERP | −0.082% | +0.0104% | 1h | $86K | — | 10x | as long as short |
| ApeX Omni SPYUSDT | −0.074% | +0.0100% | 1h | $154K | $31K | 50x | as long as short |
| Gate SPY_USDT | −0.062% | 0.0000% | 8h | $813K | $1.2M | 75x | as long as short |
| KuCoin SPYUSDTM | −0.061% | +0.0100% | 8h | $2.4M | $1.2M | 20x | as long as short |
| edgeX SPYUSDCshort | −0.059% | +0.0180% | 4h | $641K | $233K | 20x | |
| Nado SPY-PERP | −0.052% | −0.0006% | 1h | $1.5M | $360K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SPY-PERP-INTX | −0.049% | +0.0208% | 1h | $959K | $554K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | −0.043% | +0.0127% | 1h | $18K | $54K | 20x | as long as short |
| BloFin SPY-USDT | −0.036% | +0.0035% | 8h | $443K | $629K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | −0.032% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Aster SPYUSDT | −0.021% | +0.0155% | 8h | $860K | $156K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | −0.016% | L +0.0429% / S −0.3519% | 1h | $20K | — | 26x | as long as short |
| Lighter SPY | −0.014% | +0.0096% | 1h | $10.8M | $14.2M | 50x | as long as short |
| Binance SPYUSDT | −0.006% | +0.0155% | 8h | $33.4M | $58.4M | 50x | as long as short |
| OKX SPY-USDT-SWAP | −0.003% | +0.0102% | 8h | $8.3M | $2.5M | 50x | as long as short |
| MEXC SPY_USDT | −0.003% | +0.0155% | 8h | $19.9M | $11.4M | 100x | as long as short |
| Bybit SPYUSDT | −0.001% | 0.0000% | 8h | $6.2M | $1.7M | 100x | as long as short |
| Bitget SPYUSDT | 0.000% | +0.0242% | 8h | $11.0M | $2.6M | 50x | as long as short |
| HTX SPY-USDTlong | 0.000% | 0.0000% | 8h | $307K | $23K | 50x | |
| RISEx SPY/USDC | +0.019% | +0.0079% | 1h | $6.8M | $5.4M | 25x | as long as short |
| Lighter RH SPY | +0.031% | +0.0064% | 1h | $57.6M | $112.3M | 50x | as long as short |
| SunX SPY-USDT | +0.132% | 0.0000% | 8h | $2K | $1.3M | 10x | as long as short |
HTX SPY-USDT
Phoenix
ApeX Omni
Gate
KuCoin
Coinbase International
Deribit
BloFin
Aster
GMX
Lighter
Binance
OKX
MEXC
Bybit
Bitget
RISEx
Lighter RH
SunX