Settings8H · net · $10k
Funding arb · Price arb /

SPY

RWAall SPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni−0.010%70s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPYUSDT773.790.0100pay 0.0013% / 1h43m 50s$159K$23K50x
ShortAevo SPY-PERP773.710.0104get 0.0013% / 1h43m 50s$87K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.010% → 0.000%
−$1.03
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.19
Costs to cover
0.260%
Break-even
225.3 days
Slippage unknown: ApeX Omni: live order book, 22 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago1.16 bp13.8 bp −$1481.6 bp −$816doesn't fitdoesn't fit
Sell Aevo no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPY-USDT−0.0096%8h774.30+0.066%$417K$545K50xas long as short
Bybit SPYUSDT0.0000%8h774.16+0.048%$6.3M$2.0M100xas long as short
Gate SPY_USDT0.0000%8h773.75−0.005%$780K$2.3M75xas long as short
Bitget SPYUSDT0.0000%8h774.38+0.076%$10.9M$2.2M50xas long as short
SunX SPY-USDT0.0000%8h775.40+0.208%$2K$1.5M10xas long as short
HTX SPY-USDT0.0000%8h774.30+0.066%$308K$20K50xas long as short
OKX SPY-USDT-SWAP+0.0014%8h774.19+0.052%$7.9M$3.3M50xas long as short
Aster SPYUSDT+0.0016%8h774.29+0.064%$863K$204K20xas long as short
MEXC SPY_USDT+0.0023%8h774.23+0.057%$19.7M$11.7M100xas long as short
Binance SPYUSDT+0.0023%8h774.23+0.056%$28.4M$80.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perp+0.0029%8h774.37+0.075%$163K$381K10xas long as short
Lighter SPY+0.0032%1h774.12+0.043%$8.3M$21.3M50xas long as short
Lighter RH SPY+0.0032%1h774.52+0.094%$57.3M$112.2M50xas long as short
Arcus SPY-USD+0.0040%1h773.40−0.050%$935K$1.4M50xas long as short
Phoenix SPY+0.0041%1h773.86+0.009%$161K$296K20xas long as short
Vest SPY-USD-PERP+0.0046%1h773.06−0.094%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.46−0.043%$4.8M$842K20xas long as short
Coinbase International SPY-PERP-INTX+0.0088%1h774.14+0.045%$955K$555K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.86+0.009%$2.5M$942K20xas long as short
ApeX Omni SPYUSDTlong+0.0100%1h773.79long leg$159K$23K50x
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.28+0.063%$1K20xas long as short
Nado SPY-PERP+0.0103%1h773.86+0.010%$1.5M$285K20xas long as short
Aevo SPY-PERPshort+0.0104%1h773.71−0.010%$87K10x
Deribit SPY_USDC-PERPETUAL+0.0112%1h774.01+0.028%$23K$55K20xas long as short
RISEx SPY/USDC+0.0190%1h774.38+0.076%$7.0M$5.2M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.25+0.060%$10K26xas long as short
edgeX SPYUSDC+0.0802%4h774.10+0.040%$640K$242K20xas long as short