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: MEXC against Bitget−0.015%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as 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+0.050%+$5 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.015%, 7d avg −0.006%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPYUSDT	774.42	0	get 0.0000% / 8h	7h 01m	$11.0M	$1.5M	50x
Short	MEXC SPY_USDT	774.30	0	get 0.0000% / 8h	7h 01m	$19.1M	$12.2M	100x

Funding history

latest

Range statsloading…

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now −0.015%Rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	0.06 bp	7.0 bp −$7	9.3 bp −$93	12.3 bp −$1,228	15.5 bp −$7,760
Sell MEXC live order book, 2 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$6	0.5 bp −$255

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	−0.041%	$414K	$410K	50x	as long as short
Phoenix SPY	−0.0031%	1h	773.69	−0.094%	$158K	$151K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.04	−0.049%	$862K	$199K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.29	−0.017%	$28.5M	$76.2M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.25	−0.022%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.29	−0.017%	$7.8M	$3.2M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.85	−0.074%	$792K	$2.5M	75x	as long as short
MEXC SPY_USDTshort	0.0000%	8h	774.30	−0.015%	$19.1M	$12.2M	100x
Bitget SPYUSDTlong	0.0000%	8h	774.42	long leg	$11.0M	$1.5M	50x
SunX SPY-USDT	0.0000%	8h	775.45	+0.133%	$2K	$1.3M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SPY-USDT	0.0000%	8h	774.58	+0.021%	$300K	$38K	50x	as long as short
Nado SPY-PERP	+0.0010%	1h	774.07	−0.045%	$1.5M	$251K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	774.50	+0.010%	$56.8M	$121.2M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.27	−0.148%	$969K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.27	−0.148%	—	$85K	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0047%	1h	774.11	−0.040%	$23K	$55K	20x	as long as short
Lighter SPY	+0.0048%	1h	774.22	−0.026%	$7.9M	$17.2M	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	772.78	−0.212%	$4.8M	$849K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	772.60	−0.235%	$951K	$505K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.77	−0.084%	$2.5M	$1.0M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.09	−0.172%	$164K	$24K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.19	−0.030%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.89	−0.068%	$87K	—	10x	as long as short
GRVT SPY_USDT_Perp	+0.0120%	8h	774.22	−0.026%	$161K	$341K	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.30	−0.015%	$10K	—	26x	as long as short
RISEx SPY/USDC	+0.0211%	1h	774.24	−0.023%	$7.2M	$3.6M	25x	as long as short
edgeX SPYUSDC	+0.0762%	4h	774.15	−0.035%	$640K	$243K	20x	as long as short