Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly−0.056%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.056% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SPY_USDC_mythos | 773.96 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $1K | — | 20x |
| Short | Aevo SPY-PERP | 773.53 | 0.0104 | get 0.0013% / 1h | 26m 42s | $87K | — | 10x |
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Orderly. 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
- $0.84
- Price spread: −0.056% → 0.000%
- −$5.61
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$26.77
- Costs to cover
- 0.220%
- Break-even
- 230.1 days
Slippage unknown: Orderly: no order-book sample; Aevo: no order-book sample. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Orderly and Aevo: 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 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 | −0.0120% | 8h | 773.99 | +0.004% | $416K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.59 | −0.048% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0034% | 1h | 773.86 | −0.013% | $1.6M | $267K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.05 | +0.012% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 773.99 | +0.004% | $28.5M | $79.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.87 | −0.012% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.96 | 0.000% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.53 | −0.056% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.98 | +0.003% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.19 | +0.030% | $10.9M | $1.8M | 50x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.17 | +0.027% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.13 | +0.151% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.83 | −0.017% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 773.73 | −0.030% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.20 | +0.031% | $7.0M | $4.5M | 25x | as long as short |
| Ondo Perps SPY-USD.P | +0.0026% | 1h | 773.10 | −0.111% | $4.7M | $832K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.37 | −0.076% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.00 | −0.124% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.46 | +0.065% | $56.1M | $118.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.88 | −0.010% | $951K | $556K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0078% | 1h | 773.12 | −0.109% | $164K | $25K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.39 | −0.074% | $2.5M | $981K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythoslong | +0.0100% | 8h | 773.96 | long leg | $1K | — | 20x | |
| Aevo SPY-PERPshort | +0.0104% | 1h | 773.53 | −0.056% | $87K | — | 10x | |
| Lighter SPY | +0.0136% | 1h | 774.19 | +0.030% | $8.1M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0210% / S −0.0429% | 1h | 773.99 | +0.003% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0402% | 4h | 773.99 | +0.004% | $640K | $241K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
Ondo Perps SPY-USD.P
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
KuCoin SPYUSDTM
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC