Spread before costs (cost unknown: a leg has no order-book sample)−0.216%
7d average—if it closes, per $10,000$22funding while held, a day+$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPY-USDT | 773.91 | 0 | get 0.0000% / 8h | 6h 25m | $2K | $1.6M | 10x |
| Short | Vest SPY-USD-PERP | 772.24 | 0.0046 | get 0.0006% / 1h | 25m 44s | — | $84K | 50x |
Price 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
- −$21.58
- Funding while held
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$32.21
- Spread needed to break even
- 0.120%
Slippage unknown: SunX: live order book, 6 min ago; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.37
- 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 SunX live order book, 6 min ago | 29.07 bp | 108.5 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.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 | −0.293% | −0.0056% | 1h | $4.7M | $777K | 20x | as long as short |
| Vest SPY-USD-PERPshort | −0.216% | +0.0046% | 1h | — | $84K | 50x | |
| Arcus SPY-USD | −0.208% | +0.0040% | 1h | $936K | $1.2M | 50x | as long as short |
| Phoenix SPY | −0.203% | −0.0290% | 1h | $160K | $266K | 20x | as long as short |
| KuCoin SPYUSDTM | −0.194% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Aevo SPY-PERP | −0.192% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Nado SPY-PERP | −0.181% | +0.0004% | 1h | $1.6M | $255K | 20x | as long as short |
| Gate SPY_USDT | −0.180% | 0.0000% | 8h | $737K | $1.9M | 75x | as long as short |
| Deribit SPY_USDC-PERPETUAL | −0.167% | 0.0000% | 1h | $22K | $73K | 20x | as long as short |
| Aster SPYUSDT | −0.156% | +0.0058% | 8h | $859K | $269K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SPYUSDT | −0.156% | +0.0056% | 8h | $29.6M | $78.5M | 50x | as long as short |
| RISEx SPY/USDC | −0.156% | +0.0126% | 1h | $7.0M | $5.7M | 25x | as long as short |
| Bybit SPYUSDT | −0.155% | 0.0000% | 8h | $6.3M | $2.1M | 100x | as long as short |
| ApeX Omni SPYUSDT | −0.154% | +0.0100% | 1h | $155K | $31K | 50x | as long as short |
| BloFin SPY-USDT | −0.152% | −0.0061% | 8h | $432K | $704K | 50x | as long as short |
| Lighter SPY | −0.151% | +0.0032% | 1h | $9.0M | $21.5M | 50x | as long as short |
| MEXC SPY_USDT | −0.151% | +0.0057% | 8h | $19.8M | $9.8M | 100x | as long as short |
| Bitget SPYUSDT | −0.147% | +0.0152% | 8h | $10.8M | $3.0M | 50x | as long as short |
| OKX SPY-USDT-SWAP | −0.143% | +0.0040% | 8h | $8.1M | $3.2M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | −0.143% | L +0.0369% / S −0.2805% | 1h | $24K | — | 53x | as long as short |
| Orderly PERP_SPY_USDC_mythos | −0.133% | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | −0.128% | +0.0136% | 1h | $932K | $609K | 20x | as long as short |
| edgeX SPYUSDC | −0.111% | +0.0454% | 4h | $639K | $239K | 20x | as long as short |
| HTX SPY-USDT | −0.094% | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Lighter RH SPY | −0.092% | +0.0032% | 1h | $56.9M | $123.3M | 50x | as long as short |
| SunX SPY-USDTlong | 0.000% | 0.0000% | 8h | $2K | $1.6M | 10x |
SunX SPY-USDT
Phoenix
KuCoin
Gate
Deribit
Aster
Binance
RISEx
Bybit
ApeX Omni
BloFin
Lighter
MEXC
Bitget
OKX
GMX
Coinbase International
HTX
Lighter RH