Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against MEXC−0.001%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$100.103% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.001%, 7d avg +0.005%
=Together, before fees+0.009%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPY_USDT | 774.27 | 0 | get 0.0000% / 8h | 51m 48s | $29.7M | $11.8M | 100x |
| Short | Aster SPYUSDT | 774.26 | 0 | get 0.0000% / 8h | 51m 48s | $864K | $193K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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: −0.001% → +0.005%
- −$0.52
- Slippage, 4 orders
- −$2.26
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$10.78
- Costs to cover
- 0.103%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Aster: live order book, 51 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 MEXC live order book, 2 min ago | 0.06 bp | 0.1 bp $0 | 0.1 bp −$1 | 0.1 bp −$6 | 0.4 bp −$176 |
| Sell Aster live order book, 51 min ago | 0.45 bp | 5.0 bp −$5 | 6.3 bp −$63 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0262% | 1h | 773.13 | −0.147% | $164K | $25K | 50x | as long as short |
| Phoenix SPY | −0.0155% | 1h | 773.83 | −0.057% | $161K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.023% | $418K | $467K | 50x | as long as short |
| Nado SPY-PERP | −0.0003% | 1h | 773.91 | −0.046% | $1.5M | $245K | 20x | as long as short |
| Aster SPYUSDTshort | 0.0000% | 8h | 774.26 | −0.001% | $864K | $193K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 774.32 | +0.006% | $28.6M | $76.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.05 | −0.028% | $6.2M | $1.7M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.22 | −0.006% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.76 | −0.066% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDTlong | 0.0000% | 8h | 774.27 | long leg | $29.7M | $11.8M | 100x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.44 | +0.022% | $10.9M | $1.6M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.37 | +0.013% | $158K | $351K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.36 | +0.141% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.58 | +0.040% | $300K | $38K | 50x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.43 | +0.021% | $7.1M | $4.1M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.92 | −0.045% | $950K | $531K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.51 | +0.031% | $56.7M | $117.5M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.66 | −0.079% | $927K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.18 | −0.141% | — | $123K | 50x | as long as short |
| Lighter SPY | +0.0048% | 1h | 774.31 | +0.005% | $8.2M | $17.5M | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.45 | −0.106% | $4.8M | $866K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.64 | −0.081% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.23 | −0.005% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.73 | −0.070% | $87K | — | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0125% | 1h | 774.12 | −0.019% | $23K | $54K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.27 | +0.001% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0442% | 4h | 774.27 | 0.000% | $640K | $241K | 20x | as long as short |
MEXC SPY_USDT
Aster SPYUSDT
ApeX Omni SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
HTX SPY-USDT
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
Lighter SPY
KuCoin SPYUSDTM
Deribit SPY_USDC-PERPETUAL
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC