SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.005%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs+$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$100.103% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.005%, 7d avg −0.006%

Together, before fees+0.253%+$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPYUSDT	774.14	0	get 0.0000% / 8h	2h 30m	$28.5M	$79.8M	50x
Short	MEXC SPY_USDT	774.10	0	get 0.0000% / 8h	2h 30m	$29.7M	$12.5M	100x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now −0.005%Rate

Slippage from Binance: live order book, 12 min ago; MEXC: 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, 12 min ago	0.06 bp	5.1 bp −$5	5.1 bp −$51	8.1 bp −$814	25.2 bp −$12.6K
Sell MEXC live order book, 4 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.3 bp −$32	1.7 bp −$868

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	774.10	−0.005%	$418K	$471K	50x	as long as short
Phoenix SPY	−0.0103%	1h	773.79	−0.045%	$161K	$295K	20x	as long as short
Nado SPY-PERP	−0.0032%	1h	773.80	−0.044%	$1.6M	$272K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.07	−0.009%	$864K	$194K	20x	as long as short
Binance SPYUSDTlong	0.0000%	8h	774.14	long leg	$28.5M	$79.8M	50x
Bybit SPYUSDT	0.0000%	8h	773.90	−0.031%	$6.2M	$1.9M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.01	−0.017%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.63	−0.066%	$770K	$2.4M	75x	as long as short
MEXC SPY_USDTshort	0.0000%	8h	774.10	−0.005%	$29.7M	$12.5M	100x
Bitget SPYUSDT	0.0000%	8h	774.23	+0.012%	$10.9M	$1.8M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.15	+0.001%	$169K	$350K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.25	+0.143%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.92	−0.028%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.30	+0.021%	$300K	$37K	50x	as long as short
RISEx SPY/USDC	+0.0007%	1h	774.36	+0.028%	$7.0M	$4.8M	25x	as long as short
Ondo Perps SPY-USD.P	+0.0028%	1h	773.15	−0.128%	$4.7M	$832K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.41	−0.094%	$927K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.09	−0.136%	—	$123K	50x	as long as short
Lighter RH SPY	+0.0048%	1h	774.53	+0.050%	$56.2M	$117.7M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0048%	1h	773.88	−0.034%	$951K	$558K	20x	as long as short
ApeX Omni SPYUSDT	+0.0071%	1h	773.48	−0.085%	$164K	$25K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.40	−0.096%	$2.5M	$978K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.04	−0.013%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.63	−0.065%	$87K	—	10x	as long as short
Lighter SPY	+0.0136%	1h	774.24	+0.013%	$8.1M	$19.3M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.11	−0.005%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0632%	4h	774.02	−0.016%	$640K	$242K	20x	as long as short