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 −0.013%

Price spread now: Bybit against Binance−0.007%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

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

costs, in and out, $10k−$230.226% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$16 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.007%, 7d avg −0.021%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPYUSDT	773.36	0	get 0.0000% / 8h	7h 53m	$28.5M	$74.9M	50x
Short	Bybit SPYUSDT	773.30	0	get 0.0000% / 8h	7h 53m	$6.2M	$1.5M	100x

Funding history

latest

Range statsloading…

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.007%Rate

Slippage from Binance: live order book, 4 min ago; Bybit: 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 Binance live order book, 4 min ago	0.06 bp	5.1 bp −$5	5.5 bp −$55	11.2 bp −$1,116	27.7 bp −$13.9K
Sell Bybit live order book, 4 min ago	0.06 bp	6.9 bp −$7	12.1 bp −$121	27.2 bp −$2,722	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	773.33	−0.003%	$421K	$440K	50x	as long as short
Phoenix SPY	−0.0031%	1h	772.70	−0.085%	$158K	$151K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	773.47	+0.015%	$864K	$196K	20x	as long as short
Binance SPYUSDTlong	0.0000%	8h	773.36	long leg	$28.5M	$74.9M	50x
Bybit SPYUSDTshort	0.0000%	8h	773.30	−0.007%	$6.2M	$1.5M	100x
OKX SPY-USDT-SWAP	0.0000%	8h	773.31	−0.006%	$7.9M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.04	−0.041%	$793K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.35	−0.001%	$29.7M	$11.6M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	773.42	+0.008%	$10.9M	$1.6M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	773.61	+0.033%	$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	774.37	+0.131%	$2K	$1.3M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	773.57	+0.028%	$300K	$38K	50x	as long as short
Nado SPY-PERP	+0.0029%	1h	772.84	−0.067%	$1.5M	$250K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	773.54	+0.024%	$56.7M	$116.8M	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0035%	1h	772.96	−0.051%	$23K	$54K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	772.64	−0.093%	$920K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.19	−0.151%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	772.63	−0.094%	$4.8M	$854K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	773.80	+0.057%	$951K	$508K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	772.82	−0.069%	$2.5M	$999K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	772.89	−0.060%	$164K	$25K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.25	−0.014%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	772.88	−0.062%	$87K	—	10x	as long as short
Lighter SPY	+0.0112%	1h	773.37	+0.002%	$7.9M	$17.1M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	773.27	−0.011%	$10K	—	26x	as long as short
RISEx SPY/USDC	+0.0211%	1h	773.62	+0.033%	$7.1M	$3.8M	25x	as long as short
edgeX SPYUSDC	+0.0370%	4h	773.27	−0.012%	$639K	$242K	20x	as long as short