SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.008%

Price spread now: HTX against Arcus+0.128%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.303% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.128%, 7d avg +0.115%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.115%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPY-USD	773.47	0.0040	pay 0.0005% / 1h	47m 58s	$935K	$1.4M	50x
Short	HTX SPY-USDT	774.46	0	get 0.0000% / 8h	3h 47m	$308K	$20K	50x

Funding history

latest

Range statsloading…

HTX against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ArcusbpFee HTXbpOrdersPrice spread, now +0.128%Rate

Slippage from Arcus: live order book, 1 min ago; HTX: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 1 min ago	0.19 bp	2.7 bp −$3	4.2 bp −$42	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	2.45 bp	12.6 bp −$13	14.4 bp −$144	doesn't fit	doesn't fit

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	774.15	+0.088%	$416K	$468K	50x	as long as short
Phoenix SPY	−0.0010%	1h	773.59	+0.016%	$161K	$295K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.30	+0.107%	$28.1M	$79.5M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.14	+0.087%	$6.3M	$1.9M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.10	+0.081%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.86	+0.050%	$776K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.24	+0.100%	$28.3M	$12.1M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.37	+0.116%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.34	+0.113%	$163K	$374K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.25	+0.230%	$2K	$1.4M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SPY-USDTshort	0.0000%	8h	774.46	+0.128%	$308K	$20K	50x
edgeX SPYUSDC	+0.0026%	4h	774.04	+0.074%	$640K	$242K	20x	as long as short
Aster SPYUSDT	+0.0028%	8h	774.29	+0.106%	$865K	$194K	20x	as long as short
Arcus SPY-USDlong	+0.0040%	1h	773.47	long leg	$935K	$1.4M	50x
Vest SPY-USD-PERP	+0.0046%	1h	773.10	−0.048%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.23	−0.031%	$4.8M	$828K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.05	+0.075%	$954K	$552K	20x	as long as short
Nado SPY-PERP	+0.0070%	1h	773.78	+0.041%	$1.5M	$282K	20x	as long as short
Lighter RH SPY	+0.0072%	1h	774.55	+0.140%	$56.5M	$114.9M	50x	as long as short
ApeX Omni SPYUSDT	+0.0074%	1h	773.16	−0.040%	$162K	$24K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.40	−0.009%	$2.5M	$972K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.12	+0.084%	$1K	—	20x	as long as short
RISEx SPY/USDC	+0.0100%	1h	774.25	+0.101%	$7.0M	$5.0M	25x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.57	+0.013%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	774.30	+0.107%	$8.2M	$19.2M	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0164%	1h	773.98	+0.066%	$23K	$56K	20x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.21	+0.095%	$10K	—	26x	as long as short