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

SPY

RWAall SPY markets
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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 +0.017%
Price spread now: Binance against Bitget−0.018%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.197%−$20 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.018%, 7d avg 0.000%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPYUSDT773.580get 0.0000% / 8h7h 58m$10.9M$1.6M50x
ShortBinance SPYUSDT773.440get 0.0000% / 8h7h 58m$28.6M$74.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$0
Price spread: −0.018% → 0.000%
−$1.85
Slippage, 4 orders
−$2.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.89
Costs to cover
0.240%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; Binance: live order book, 14 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 Bitget live order book, just now0.06 bp7.2 bp −$79.2 bp −$9213.2 bp −$1,32320.1 bp −$10.1K
Sell Binance live order book, 14 min ago0.06 bp5.1 bp −$55.5 bp −$5510.0 bp −$99926.2 bp −$13.1K

SPY on 27 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
Phoenix SPY−0.0155%1h773.04−0.070%$158K$149K20xas long as short
BloFin SPY-USDT−0.0120%8h773.70+0.016%$418K$444K50xas long as short
Aster SPYUSDT0.0000%8h773.53−0.006%$863K$196K20xas long as short
Binance SPYUSDTshort0.0000%8h773.44−0.018%$28.6M$74.9M50x
Bybit SPYUSDT0.0000%8h773.45−0.017%$6.2M$1.6M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h773.52−0.008%$7.9M$3.1M50xas long as short
Gate SPY_USDT0.0000%8h773.15−0.056%$793K$2.4M75xas long as short
MEXC SPY_USDT0.0000%8h773.49−0.012%$29.7M$11.6M100xas long as short
Bitget SPYUSDTlong0.0000%8h773.58long leg$10.9M$1.6M50x
GRVT SPY_USDT_Perp0.0000%8h773.90+0.042%$160K$350K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPY-USDT0.0000%8h774.74+0.150%$2K$1.3M10xas long as short
HTX SPY-USDT0.0000%8h774.04+0.059%$300K$38K50xas long as short
Lighter RH SPY+0.0032%1h773.65+0.009%$56.7M$116.5M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0035%1h773.21−0.048%$23K$54K20xas long as short
Arcus SPY-USD+0.0040%1h772.86−0.093%$922K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h772.33−0.162%$123K50xas long as short
ApeX Omni SPYUSDT+0.0050%1h773.31−0.035%$164K$25K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h772.93−0.084%$4.8M$856K20xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h773.80+0.028%$951K$508K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.03−0.071%$2.5M$998K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h773.41−0.022%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h772.99−0.077%$87K10xas long as short
Lighter SPY+0.0112%1h773.51−0.009%$7.9M$17.1M50xas long as short
Nado SPY-PERP+0.0150%1h773.03−0.071%$1.5M$252K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h773.43−0.019%$10K26xas long as short
RISEx SPY/USDC+0.0211%1h773.76+0.024%$7.1M$4.0M25xas long as short
edgeX SPYUSDC+0.0220%4h773.65+0.009%$639K$243K20xas long as short