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: HTX against Bybit+0.037%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.399% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.037%, 7d avg +0.053%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPYUSDT	774.19	0	get 0.0000% / 8h	1h 23m	$6.2M	$1.7M	100x
Short	HTX SPY-USDT	774.48	0	get 0.0000% / 8h	1h 23m	$300K	$38K	50x

Funding history

latest

Range statsloading…

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now +0.037%Rate

Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 18 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	0.06 bp	6.1 bp −$6	9.1 bp −$91	34.2 bp −$3,423	doesn't fit
Sell HTX live order book, 18 min ago	7.42 bp	13.4 bp −$13	14.5 bp −$145	doesn't fit	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
ApeX Omni SPYUSDT	−0.0217%	1h	773.48	−0.092%	$164K	$25K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.10	−0.012%	$419K	$471K	50x	as long as short
Phoenix SPY	−0.0114%	1h	773.79	−0.052%	$161K	$294K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0026%	1h	773.40	−0.102%	$4.8M	$870K	20x	as long as short
Nado SPY-PERP	−0.0010%	1h	774.10	−0.012%	$1.6M	$253K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.28	+0.012%	$864K	$198K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.35	+0.021%	$28.7M	$78.7M	50x	as long as short
Bybit SPYUSDTlong	0.0000%	8h	774.19	long leg	$6.2M	$1.7M	100x
OKX SPY-USDT-SWAP	0.0000%	8h	774.19	0.000%	$8.0M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.85	−0.044%	$770K	$2.5M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SPY_USDT	0.0000%	8h	774.34	+0.019%	$29.7M	$11.9M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.52	+0.043%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.43	+0.031%	$158K	$361K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.45	+0.163%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.94	−0.032%	$23K	$56K	20x	as long as short
HTX SPY-USDTshort	0.0000%	8h	774.48	+0.037%	$300K	$38K	50x
Lighter SPY	+0.0032%	1h	774.43	+0.031%	$8.2M	$18.6M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.69	+0.065%	$56.2M	$119.3M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0032%	1h	773.92	−0.035%	$950K	$532K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.54	−0.084%	$927K	$1.4M	50x	as long as short
RISEx SPY/USDC	+0.0043%	1h	774.62	+0.056%	$7.1M	$4.2M	25x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.42	−0.099%	—	$123K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.53	−0.085%	$2.5M	$1.0M	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.24	+0.006%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.84	−0.045%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.36	+0.021%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0616%	4h	774.22	+0.004%	$640K	$241K	20x	as long as short