Settings8H · net · $10k
Funding arb · Price arb /

SPY

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPY_USDT774.270get 0.0000% / 8h51m 48s$29.7M$11.8M100x
ShortAster SPYUSDT774.260get 0.0000% / 8h51m 48s$864K$193K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$60.4 bp −$176
Sell Aster live order book, 51 min ago0.45 bp5.0 bp −$56.3 bp −$63doesn't fitdoesn't fit

SPY on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SPYUSDT−0.0262%1h773.13−0.147%$164K$25K50xas long as short
Phoenix SPY−0.0155%1h773.83−0.057%$161K$254K20xas long as short
BloFin SPY-USDT−0.0120%8h774.09−0.023%$418K$467K50xas long as short
Nado SPY-PERP−0.0003%1h773.91−0.046%$1.5M$245K20xas long as short
Aster SPYUSDTshort0.0000%8h774.26−0.001%$864K$193K20x
Binance SPYUSDT0.0000%8h774.32+0.006%$28.6M$76.6M50xas long as short
Bybit SPYUSDT0.0000%8h774.05−0.028%$6.2M$1.7M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.22−0.006%$7.9M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.76−0.066%$770K$2.4M75xas long as short
MEXC SPY_USDTlong0.0000%8h774.27long leg$29.7M$11.8M100x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPYUSDT0.0000%8h774.44+0.022%$10.9M$1.6M50xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.37+0.013%$158K$351K10xas long as short
SunX SPY-USDT0.0000%8h775.36+0.141%$2K$1.3M10xas long as short
HTX SPY-USDT0.0000%8h774.58+0.040%$300K$38K50xas long as short
RISEx SPY/USDC+0.0014%1h774.43+0.021%$7.1M$4.1M25xas long as short
Coinbase International SPY-PERP-INTX+0.0024%1h773.92−0.045%$950K$531K20xas long as short
Lighter RH SPY+0.0032%1h774.51+0.031%$56.7M$117.5M50xas long as short
Arcus SPY-USD+0.0040%1h773.66−0.079%$927K$1.4M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.18−0.141%$123K50xas long as short
Lighter SPY+0.0048%1h774.31+0.005%$8.2M$17.5M50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.45−0.106%$4.8M$866K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.64−0.081%$2.5M$1.0M20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.23−0.005%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.73−0.070%$87K10xas long as short
Deribit SPY_USDC-PERPETUAL+0.0125%1h774.12−0.019%$23K$54K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.27+0.001%$10K26xas long as short
edgeX SPYUSDC+0.0442%4h774.270.000%$640K$241K20xas long as short