Spread before costs (cost unknown: a leg has no order-book sample)+0.114%
7d average+0.146%if it closes, per $10,000$11funding while held, a day+$2.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SPY-USD.P | 771.18 | 0.0050 | pay 0.0006% / 1h | 38m 24s | $4.8M | $431K | 20x |
| Short | Aster SPYUSDT | 772.06 | 0.0136 | get 0.0136% / 8h | 7h 38m | $862K | $220K | 20x |
Ondo Perps SPY-USD.P
Aster SPYUSDTPrice 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
- $11.44
- Funding while held
- $2.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $1.01
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0086%
- Per $10,000 a day
- +$2.57
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 6 min ago | 0.32 bp | 4.3 bp −$4 | 6.1 bp −$61 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPY price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps771.18cheapest
Vest771.26+0.010%Phoenix771.29+0.014%Gate771.61+0.056%Arcus771.63+0.058%Nado771.66+0.062%Aevo771.66+0.062%KuCoin771.68+0.065%ApeX Omni771.78+0.078%Deribit771.93+0.097%Coinbase International771.94+0.099%GMX771.99+0.104%Binance771.99+0.105%OKX772.02+0.109%MEXC772.02+0.109%Bybit772.03+0.110%Bitget772.03+0.110%Lighter772.06+0.114%
Vest
Phoenix
Gate
Arcus
Nado
Aevo
KuCoin
ApeX Omni
Deribit
Coinbase International
GMX
Binance
OKX
MEXC
Bybit
Bitget
LighterAster772.06+0.114%
BloFin772.10+0.119%Orderly772.13+0.123%edgeX772.13+0.123%HTX772.18+0.130%RISEx772.25+0.139%Lighter RH772.37+0.154%SunX773.23+0.266%
BloFin
Orderly
HTX
RISEx
Lighter RH
SunXSPY on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SPY-USD.Plong | 0.000% | +0.0050% | 1h | $4.8M | $431K | 20x | |
| Vest SPY-USD-PERP | +0.010% | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Phoenix SPY | +0.014% | −0.0280% | 1h | $160K | $266K | 20x | as long as short |
| Gate SPY_USDT | +0.056% | 0.0000% | 8h | $799K | $1.5M | 75x | as long as short |
| Arcus SPY-USD | +0.058% | +0.0154% | 1h | $990K | $1.1M | 50x | as long as short |
| Nado SPY-PERP | +0.062% | +0.0078% | 1h | $1.6M | $365K | 20x | as long as short |
| Aevo SPY-PERP | +0.062% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| KuCoin SPYUSDTM | +0.065% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.078% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.097% | +0.0100% | 1h | $22K | $71K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SPY-PERP-INTX | +0.099% | +0.0152% | 1h | $946K | $586K | 20x | as long as short |
| GMX SPY/USD [ETH-USDC] | +0.104% | L +0.0414% / S −0.3519% | 1h | $24K | — | 53x | as long as short |
| Binance SPYUSDT | +0.105% | +0.0120% | 8h | $31.7M | $68.3M | 50x | as long as short |
| OKX SPY-USDT-SWAP | +0.109% | +0.0083% | 8h | $8.2M | $2.9M | 50x | as long as short |
| MEXC SPY_USDT | +0.109% | +0.0120% | 8h | $24.9M | $9.3M | 100x | as long as short |
| Bybit SPYUSDT | +0.110% | 0.0000% | 8h | $6.2M | $1.9M | 100x | as long as short |
| Bitget SPYUSDT | +0.110% | +0.0204% | 8h | $11.1M | $2.8M | 50x | as long as short |
| Lighter SPY | +0.114% | +0.0032% | 1h | $9.0M | $19.9M | 50x | as long as short |
| Aster SPYUSDTshort | +0.114% | +0.0136% | 8h | $862K | $220K | 20x | |
| BloFin SPY-USDT | +0.119% | 0.0000% | 8h | $433K | $688K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.123% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| edgeX SPYUSDC | +0.123% | +0.0103% | 4h | $643K | $234K | 20x | as long as short |
| HTX SPY-USDT | +0.130% | 0.0000% | 8h | $307K | $23K | 50x | as long as short |
| RISEx SPY/USDC | +0.139% | +0.0339% | 1h | $6.9M | $5.6M | 25x | as long as short |
| Lighter RH SPY | +0.154% | +0.0032% | 1h | $56.1M | $121.3M | 50x | as long as short |
| SunX SPY-USDT | +0.266% | 0.0000% | 8h | $2K | $1.5M | 10x | as long as short |