Funding you earn now, next payment 11:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: Aevo against Vest+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.082% dearer against Vest than usual: you sell high and buy low: +$8 more if the spread 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 | Vest SPY-USD-PERP | 773.38 | 0.0046 | pay 0.0006% / 1h | 44m 58s | — | $85K | 50x |
| Short | Aevo SPY-PERP | 774.01 | 0.0104 | get 0.0013% / 1h | 44m 58s | $87K | — | 10x |
Vest SPY-USD-PERP
Aevo SPY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Vest. 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
- $12.25
- Price spread: +0.082% → 0.000%
- $8.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $2.42
- Costs to cover
- 0.180%
- Break-even
- 5.6 days
Slippage unknown: Vest: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Vest 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SPYUSDT | −0.0311% | 1h | 773.51 | +0.017% | $223K | $51K | 50x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.61 | +0.159% | $417K | $422K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.66 | +0.166% | $863K | $200K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.63 | +0.162% | $28.5M | $75.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.60 | +0.158% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.53 | +0.149% | $7.8M | $3.1M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | 774.54 | +0.150% | $7.1M | $3.3M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 774.07 | +0.089% | $788K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.56 | +0.153% | $29.2M | $13.3M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.76 | +0.178% | $11.1M | $1.6M | 50x | as long as short |
ApeX Omni SPYUSDT
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.88 | +0.195% | $161K | $336K | 10x | as long as short |
| Phoenix SPY | 0.0000% | 1h | 774.24 | +0.111% | $158K | $74K | 20x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.67 | +0.296% | $2K | $1.2M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 774.26 | +0.114% | $23K | $39K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 775.04 | +0.215% | $300K | $38K | 50x | as long as short |
| Nado SPY-PERP | +0.0004% | 1h | 774.21 | +0.107% | $1.5M | $283K | 20x | as long as short |
| Arcus SPY-USD | +0.0015% | 1h | 773.67 | +0.037% | $980K | $1.4M | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | 774.36 | +0.127% | $7.8M | $16.3M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.74 | +0.176% | $56.9M | $114.9M | 50x | as long as short |
| Vest SPY-USD-PERPlong | +0.0046% | 1h | 773.38 | long leg | — | $85K | 50x | |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.63 | +0.032% | $4.8M | $845K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.22 | +0.109% | $952K | $171K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 774.12 | +0.096% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.41 | +0.133% | $1K | — | 20x | as long as short |
| Aevo SPY-PERPshort | +0.0104% | 1h | 774.01 | +0.082% | $87K | — | 10x | |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.55 | +0.152% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0770% | 4h | 774.55 | +0.152% | $640K | $243K | 20x | as long as short |
GRVT SPY_USDT_Perp
Phoenix SPY
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Nado SPY-PERP
Arcus SPY-USD
Lighter SPY
Lighter RH SPY
Ondo Perps SPY-USD.P
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC