SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against Aster−0.012%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.202% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.012%, 7d avg −0.001%

Together, before fees−0.189%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPYUSDT	773.53	0	get 0.0000% / 8h	7h 57m	$863K	$196K	20x
Short	Binance SPYUSDT	773.44	0	get 0.0000% / 8h	7h 57m	$28.6M	$74.9M	50x

Funding history

latest

Range statsloading…

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.012%Rate

Slippage from Aster: live order book, 40 min ago; Binance: live order book, 15 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 40 min ago	0.13 bp	5.4 bp −$5	10.4 bp −$104	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.06 bp	5.1 bp −$5	5.5 bp −$55	10.0 bp −$999	26.2 bp −$13.1K

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
Phoenix SPY	−0.0155%	1h	773.04	−0.063%	$158K	$149K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	773.70	+0.022%	$418K	$444K	50x	as long as short
Aster SPYUSDTlong	0.0000%	8h	773.53	long leg	$863K	$196K	20x
Binance SPYUSDTshort	0.0000%	8h	773.44	−0.012%	$28.6M	$74.9M	50x
Bybit SPYUSDT	0.0000%	8h	773.40	−0.017%	$6.2M	$1.6M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	773.52	−0.001%	$7.9M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.16	−0.048%	$793K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.44	−0.012%	$29.7M	$11.6M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	773.57	+0.005%	$10.9M	$1.6M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	773.90	+0.048%	$160K	$350K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPY-USDT	0.0000%	8h	774.53	+0.129%	$2K	$1.3M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.04	+0.066%	$300K	$38K	50x	as long as short
Lighter RH SPY	+0.0032%	1h	773.56	+0.004%	$56.7M	$116.5M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	772.86	−0.087%	$922K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.33	−0.155%	—	$123K	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0048%	1h	773.16	−0.048%	$23K	$54K	20x	as long as short
ApeX Omni SPYUSDT	+0.0050%	1h	773.31	−0.029%	$164K	$25K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	772.93	−0.078%	$4.8M	$856K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	773.80	+0.035%	$951K	$508K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.00	−0.069%	$2.5M	$998K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.41	−0.016%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	772.99	−0.070%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	773.42	−0.014%	$7.9M	$17.1M	50x	as long as short
Nado SPY-PERP	+0.0150%	1h	773.03	−0.065%	$1.5M	$252K	20x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	773.43	−0.012%	$10K	—	26x	as long as short
RISEx SPY/USDC	+0.0211%	1h	773.76	+0.030%	$7.1M	$4.0M	25x	as long as short
edgeX SPYUSDC	+0.0220%	4h	773.65	+0.015%	$639K	$243K	20x	as long as short