After costs, if the gap returns to its 7d average, $10k−$247
spread now+0.196%7d average+0.177%fees + slippage, in and out−$249spread needed2.487%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SPY-PERP | 772.72 | −0.0005 | get 0.0001% / 1h | 9m 51s | $1.6M | $257K | 20x |
| Short | SunX SPY-USDT | 774.24 | 0 | get 0.0000% / 8h | 6h 09m | $2K | $1.6M | 10x |
Nado SPY-PERP
SunX SPY-USDTPrice 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
- $19.62
- Funding while held
- $0.16
- Slippage, 4 orders
- −$231.7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$228.92
- Spread needed to break even
- 2.487%
Slippage from Nado: live order book, 5 min ago; SunX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.16
- 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 Nado live order book, 5 min ago | 0.06 bp | 6.6 bp −$7 | 15.1 bp −$151 | 33.5 bp −$3,353 | doesn't fit |
| Sell SunX live order book, 12 min ago | 29.08 bp | 129.9 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
SPY price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps772.13cheapestKuCoin772.44+0.040%Vest772.50+0.048%Phoenix772.51+0.049%Arcus772.52+0.051%Gate772.69+0.073%Aevo772.70+0.074%
Ondo Perps
KuCoin
Vest
Phoenix
Arcus
Gate
AevoNado772.72+0.077%
Coinbase International773.00+0.113%RISEx773.05+0.119%edgeX773.07+0.121%GMX773.10+0.125%BloFin773.10+0.126%Binance773.11+0.127%MEXC773.11+0.127%OKX773.12+0.128%ApeX Omni773.14+0.131%Aster773.15+0.132%Deribit773.15+0.132%Orderly773.18+0.136%Bybit773.19+0.137%Lighter773.22+0.141%Bitget773.22+0.141%HTX773.39+0.163%Lighter RH773.55+0.184%
Coinbase International
RISEx
GMX
BloFin
Binance
MEXC
OKX
ApeX Omni
Aster
Deribit
Orderly
Bybit
Lighter
Bitget
HTX
Lighter RHSunX774.24+0.273%
SPY on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SPY-USD.P | −0.077% | −0.0104% | 1h | $4.7M | $779K | 20x | as long as short |
| KuCoin SPYUSDTM | −0.037% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Vest SPY-USD-PERP | −0.029% | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Phoenix SPY | −0.028% | −0.0290% | 1h | $160K | $266K | 20x | as long as short |
| Arcus SPY-USD | −0.026% | +0.0040% | 1h | $931K | $1.2M | 50x | as long as short |
| Gate SPY_USDT | −0.004% | 0.0000% | 8h | $738K | $1.9M | 75x | as long as short |
| Aevo SPY-PERP | −0.003% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Nado SPY-PERPlong | 0.000% | −0.0005% | 1h | $1.6M | $257K | 20x | |
| Coinbase International SPY-PERP-INTX | +0.036% | +0.0136% | 1h | $931K | $610K | 20x | as long as short |
| RISEx SPY/USDC | +0.042% | +0.0126% | 1h | $7.1M | $5.8M | 25x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SPYUSDC | +0.044% | +0.0995% | 4h | $639K | $241K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | +0.048% | L +0.0370% / S −0.2805% | 1h | $24K | — | 53x | as long as short |
| BloFin SPY-USDT | +0.049% | −0.0081% | 8h | $431K | $705K | 50x | as long as short |
| Binance SPYUSDT | +0.050% | +0.0038% | 8h | $29.3M | $79.7M | 50x | as long as short |
| MEXC SPY_USDT | +0.050% | +0.0038% | 8h | $26.9M | $10.7M | 100x | as long as short |
| OKX SPY-USDT-SWAP | +0.051% | +0.0025% | 8h | $8.1M | $3.2M | 50x | as long as short |
| ApeX Omni SPYUSDT | +0.054% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| Aster SPYUSDT | +0.055% | +0.0038% | 8h | $861K | $273K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.055% | +0.0099% | 1h | $22K | $73K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.059% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Bybit SPYUSDT | +0.060% | 0.0000% | 8h | $6.3M | $2.1M | 100x | as long as short |
| Lighter SPY | +0.064% | +0.0032% | 1h | $9.1M | $21.6M | 50x | as long as short |
| Bitget SPYUSDT | +0.064% | +0.0138% | 8h | $10.8M | $3.1M | 50x | as long as short |
| HTX SPY-USDT | +0.086% | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Lighter RH SPY | +0.107% | +0.0032% | 1h | $57.1M | $125.2M | 50x | as long as short |
| SunX SPY-USDTshort | +0.196% | 0.0000% | 8h | $2K | $1.6M | 10x |