Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.012%
Price spread now: Bitget against Vest+0.140%7-day average +0.115% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.140%, 7d avg +0.115%
=Together, before fees−0.066%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.024% dearer against Vest than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.115%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 3 days (−0.021% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPY-USD-PERP | 773.07 | 0.0046 | pay 0.0006% / 1h | 26m 22s | — | $123K | 50x |
| Short | Bitget SPYUSDT | 774.15 | 0 | get 0.0000% / 8h | 2h 26m | $10.9M | $1.8M | 50x |
Vest SPY-USD-PERP
Bitget SPYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$9.59
- Price spread: +0.140% → +0.115%
- $2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.16
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bitget: live order book, 2 min ago. 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 Bitget live order book, 2 min ago | 0.06 bp | 6.7 bp −$7 | 8.8 bp −$88 | 16.0 bp −$1,604 | 25.1 bp −$12.5K |
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 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 | +0.119% | $416K | $471K | 50x | as long as short |
| Phoenix SPY | −0.0103% | 1h | 773.59 | +0.067% | $161K | $295K | 20x | as long as short |
| Nado SPY-PERP | −0.0036% | 1h | 773.80 | +0.094% | $1.6M | $264K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.06 | +0.129% | $864K | $195K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.01 | +0.122% | $28.5M | $79.8M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.90 | +0.107% | $6.2M | $1.9M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 773.96 | +0.115% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.53 | +0.060% | $770K | $2.4M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 773.98 | +0.118% | $29.7M | $12.5M | 100x | as long as short |
| Bitget SPYUSDTshort | 0.0000% | 8h | 774.15 | +0.140% | $10.9M | $1.8M | 50x |
BloFin SPY-USDT
Phoenix SPY
Nado SPY-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 774.17 | +0.142% | $169K | $350K | 10x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | 775.13 | +0.266% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.84 | +0.100% | $23K | $56K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 773.73 | +0.085% | $300K | $37K | 50x | as long as short |
| RISEx SPY/USDC | +0.0007% | 1h | 774.20 | +0.146% | $7.0M | $4.5M | 25x | as long as short |
| Ondo Perps SPY-USD.P | +0.0026% | 1h | 773.10 | +0.004% | $4.7M | $832K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.37 | +0.039% | $926K | $1.4M | 50x | as long as short |
| Vest SPY-USD-PERPlong | +0.0046% | 1h | 773.07 | long leg | — | $123K | 50x | |
| Lighter RH SPY | +0.0048% | 1h | 774.46 | +0.180% | $56.1M | $118.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0048% | 1h | 773.88 | +0.105% | $951K | $556K | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0078% | 1h | 773.12 | +0.006% | $164K | $25K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.39 | +0.041% | $2.5M | $982K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 773.96 | +0.115% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.53 | +0.059% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0128% | 1h | 774.22 | +0.149% | $8.1M | $19.4M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0210% / S −0.0429% | 1h | 774.05 | +0.127% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0402% | 4h | 773.99 | +0.119% | $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
Lighter RH SPY
Coinbase International SPY-PERP-INTX
ApeX Omni SPYUSDT
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Aevo SPY-PERP
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC