Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.010%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.010%, 7d avg +0.026%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPYUSDTM | 773.81 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $2.5M | $952K | 20x |
| Short | ApeX Omni SPYUSDT | 773.89 | 0.0100 | get 0.0013% / 1h | 58m 44s | $159K | $23K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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: +0.010% → +0.026%
- −$1.52
- Slippage, 4 orders
- −$35.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$58.62
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; ApeX Omni: live order book, 7 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 KuCoin live order book, 3 min ago | 3.10 bp | 13.7 bp −$14 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 7 min ago | 1.16 bp | 19.2 bp −$19 | 84.7 bp −$847 | 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 | −0.0095% | 8h | 774.43 | +0.080% | $415K | $571K | 50x | as long as short |
| Arcus SPY-USD | −0.0016% | 1h | 773.61 | −0.026% | $936K | $1.4M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.55 | +0.096% | $6.3M | $2.0M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.98 | +0.022% | $780K | $2.3M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.58 | +0.100% | $11.0M | $2.2M | 50x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.58 | +0.229% | $1K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.73 | +0.119% | $308K | $20K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0008% | 1h | 774.09 | +0.036% | $23K | $55K | 20x | as long as short |
| OKX SPY-USDT-SWAP | +0.0014% | 8h | 774.46 | +0.084% | $7.9M | $3.3M | 50x | as long as short |
| Aster SPYUSDT | +0.0017% | 8h | 774.52 | +0.092% | $863K | $204K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SPY_USDT | +0.0024% | 8h | 774.40 | +0.076% | $19.0M | $11.5M | 100x | as long as short |
| Binance SPYUSDT | +0.0025% | 8h | 774.40 | +0.076% | $28.5M | $81.5M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.30 | +0.063% | $8.3M | $21.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.65 | +0.109% | $57.6M | $111.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.18 | −0.081% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.39 | −0.054% | $4.8M | $846K | 20x | as long as short |
| GRVT SPY_USDT_Perp | +0.0059% | 8h | 774.53 | +0.093% | $160K | $395K | 10x | as long as short |
| Phoenix SPY | +0.0062% | 1h | 773.85 | +0.005% | $161K | $295K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0088% | 1h | 774.00 | +0.025% | $954K | $554K | 20x | as long as short |
| KuCoin SPYUSDTMlong | +0.0100% | 8h | 773.81 | long leg | $2.5M | $952K | 20x | |
| ApeX Omni SPYUSDTshort | +0.0100% | 1h | 773.89 | +0.010% | $159K | $23K | 50x | |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.44 | +0.081% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.84 | +0.004% | $87K | — | 10x | as long as short |
| Nado SPY-PERP | +0.0115% | 1h | 773.99 | +0.023% | $1.5M | $285K | 20x | as long as short |
| RISEx SPY/USDC | +0.0190% | 1h | 774.59 | +0.101% | $6.9M | $5.2M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.43 | +0.081% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0259% | 4h | 774.34 | +0.068% | $640K | $242K | 20x | as long as short |
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
BloFin SPY-USDT
Bybit SPYUSDT
Gate SPY_USDT
Bitget SPYUSDT
SunX SPY-USDT
HTX SPY-USDT
Deribit SPY_USDC-PERPETUAL
OKX SPY-USDT-SWAP
Aster SPYUSDT
MEXC SPY_USDT
Binance SPYUSDT
Lighter SPY
Lighter RH SPY
GRVT SPY_USDT_Perp
Phoenix SPY
Coinbase International SPY-PERP-INTX
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC