Funding you earn now, next payment 06:00 UTC+0.0718%/8h= +78.6% APRpaid last 24h −0.033%
Price spread now: edgeX against RISEx−0.035%55s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.266% of the position
Funding, last 4 days (all we have)−0.458%−$46 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.035%, 7d avg 0.000%
=Together, before fees−0.405%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.035% cheaper against RISEx than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 4 days funding on this pair cost −0.458%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPY/USDC | 774.71 | 0.0007 | pay 0.0001% / 1h | 8m 32s | $7.0M | $4.5M | 25x |
| Short | edgeX SPYUSDC | 774.44 | 0.0725 | get 0.0362% / 4h | 2h 08m | $640K | $241K | 20x |
RISEx SPY/USDC
edgeX SPYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against RISEx. 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
- $150.73
- Price spread: −0.035% → 0.000%
- −$3.48
- Slippage, 4 orders
- −$11.57
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $120.68
- Costs to cover
- 0.266%
- Break-even
- 1.4 days
Slippage from RISEx: live order book, 1 min ago; edgeX: live order book, 40 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 RISEx live order book, 1 min ago | 0.06 bp | 4.1 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 5.17 bp | 9.7 bp −$10 | 10.5 bp −$105 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0120% | 8h | 774.09 | −0.080% | $416K | $473K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 774.03 | −0.088% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0057% | 1h | 774.31 | −0.051% | $1.6M | $262K | 20x | as long as short |
| ApeX Omni SPYUSDT | −0.0020% | 1h | 773.35 | −0.175% | $164K | $25K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.32 | −0.050% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.50 | −0.027% | $28.5M | $79.6M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.51 | −0.026% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.52 | −0.024% | $8.0M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.08 | −0.081% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.53 | −0.023% | $29.7M | $12.5M | 100x | as long as short |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
ApeX Omni SPYUSDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPYUSDT | 0.0000% | 8h | 774.72 | +0.002% | $10.9M | $1.8M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.59 | −0.015% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.71 | +0.129% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.47 | −0.031% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.24 | −0.060% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDClong | +0.0007% | 1h | 774.71 | long leg | $7.0M | $4.5M | 25x | |
| Ondo Perps SPY-USD.P | +0.0022% | 1h | 773.49 | −0.157% | $4.7M | $832K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.68 | −0.133% | $928K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.55 | −0.149% | — | $123K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | 774.92 | +0.027% | $56.2M | $119.9M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.77 | −0.121% | $950K | $558K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.71 | −0.129% | $2.5M | $978K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.45 | −0.033% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 774.00 | −0.091% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0112% | 1h | 774.67 | −0.005% | $8.2M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.58 | −0.017% | $10K | — | 26x | as long as short |
| edgeX SPYUSDCshort | +0.0725% | 4h | 774.44 | −0.035% | $640K | $241K | 20x |
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Ondo Perps SPY-USD.P
Arcus SPY-USD
Vest SPY-USD-PERP
Lighter RH SPY
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]