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

SPY

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Aster−0.006%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$140.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.006%, 7d avg −0.005%
Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPYUSDT774.380get 0.0000% / 8h6h 02m$863K$203K20x
ShortMEXC SPY_USDT774.340.0008get 0.0008% / 8h6h 02m$21.1M$12.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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
$1.68
Price spread: −0.006% → −0.005%
−$0.07
Slippage, 4 orders
−$5.78
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$12.18
Costs to cover
0.138%
Break-even
57.7 days
Slippage from Aster: live order book, 65 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 65 min ago0.45 bp7.1 bp −$714.8 bp −$148doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$111.6 bp −$824

SPY on 26 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
Aster SPYUSDTlong0.0000%8h774.38long leg$863K$203K20x
Bybit SPYUSDT0.0000%8h774.32−0.008%$6.3M$2.0M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.41+0.003%$7.9M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.85−0.069%$780K$2.4M75xas long as short
Bitget SPYUSDT0.0000%8h774.49+0.014%$10.9M$2.0M50xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.40+0.002%$161K$379K10xas long as short
SunX SPY-USDT0.0000%8h775.47+0.140%$2K$1.4M10xas long as short
HTX SPY-USDT0.0000%8h774.59+0.027%$308K$20K50xas long as short
Binance SPYUSDT+0.0007%8h774.33−0.006%$28.4M$80.0M50xas long as short
MEXC SPY_USDTshort+0.0008%8h774.34−0.006%$21.1M$12.1M100x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPY+0.0032%1h774.25−0.017%$8.3M$21.4M50xas long as short
Arcus SPY-USD+0.0040%1h773.41−0.126%$935K$1.3M50xas long as short
Phoenix SPY+0.0041%1h773.79−0.077%$161K$296K20xas long as short
Vest SPY-USD-PERP+0.0046%1h773.19−0.154%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.58−0.104%$4.8M$841K20xas long as short
Nado SPY-PERP+0.0078%1h773.98−0.052%$1.5M$288K20xas long as short
Lighter RH SPY+0.0080%1h774.76+0.049%$56.7M$115.0M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0086%1h774.12−0.034%$23K$55K20xas long as short
Coinbase International SPY-PERP-INTX+0.0088%1h773.74−0.083%$954K$552K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.58−0.104%$2.5M$967K20xas long as short
ApeX Omni SPYUSDT+0.0100%1h773.92−0.060%$160K$23K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.30−0.011%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.72−0.085%$87K10xas long as short
RISEx SPY/USDC+0.0190%1h774.44+0.007%$7.0M$5.2M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.35−0.005%$10K26xas long as short
edgeX SPYUSDC+0.0688%4h774.21−0.022%$640K$241K20xas long as short