Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX−0.112%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.112%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPY-USDT | 774.81 | 0 | get 0.0000% / 8h | 5h 29m | $308K | $20K | 50x |
| Short | Gate SPY_USDT | 773.94 | 0 | get 0.0000% / 8h | 5h 29m | $780K | $2.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. 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: −0.112% → −0.063%
- −$4.96
- Slippage, 4 orders
- −$18.92
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.89
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from HTX: live order book, 33 min ago; Gate: live order book, 4 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 HTX live order book, 33 min ago | 2.45 bp | 8.5 bp −$8 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.04 bp | 13.5 bp −$14 | 14.8 bp −$148 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0109% | 8h | 774.45 | −0.046% | $418K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0079% | 1h | 773.19 | −0.209% | $162K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0021% | 1h | 774.06 | −0.097% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.33 | −0.062% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.41 | −0.052% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDTshort | 0.0000% | 8h | 773.94 | −0.112% | $780K | $2.4M | 75x | |
| Bitget SPYUSDT | 0.0000% | 8h | 774.57 | −0.031% | $10.9M | $1.9M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.52 | −0.037% | $162K | $375K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.56 | +0.097% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.98 | −0.107% | $23K | $55K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDTlong | 0.0000% | 8h | 774.81 | long leg | $308K | $20K | 50x | |
| Aster SPYUSDT | +0.0005% | 8h | 774.44 | −0.048% | $863K | $203K | 20x | as long as short |
| MEXC SPY_USDT | +0.0011% | 8h | 774.38 | −0.055% | $23.3M | $11.9M | 100x | as long as short |
| Binance SPYUSDT | +0.0011% | 8h | 774.32 | −0.063% | $28.3M | $79.7M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.53 | −0.165% | $935K | $1.3M | 50x | as long as short |
| Nado SPY-PERP | +0.0045% | 1h | 774.05 | −0.098% | $1.5M | $292K | 20x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.22 | −0.205% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.58 | −0.159% | $4.8M | $842K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.098% | $954K | $552K | 20x | as long as short |
| Lighter SPY | +0.0064% | 1h | 774.36 | −0.058% | $8.3M | $21.0M | 50x | as long as short |
| Lighter RH SPY | +0.0096% | 1h | 774.71 | −0.013% | $56.5M | $114.4M | 50x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.61 | −0.026% | $6.9M | $5.0M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.82 | −0.128% | $2.5M | $977K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.34 | −0.061% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.85 | −0.124% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.47 | −0.045% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0382% | 4h | 774.33 | −0.061% | $640K | $242K | 20x | as long as short |
HTX SPY-USDT
Gate SPY_USDT
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
Aster SPYUSDT
MEXC SPY_USDT
Binance SPYUSDT
Coinbase International SPY-PERP-INTX
Lighter SPY
Lighter RH SPY
RISEx SPY/USDC
KuCoin SPYUSDTM
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC