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 +0.014%

Price spread now: OKX against Bybit+0.017%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.242% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.017%, 7d avg +0.004%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPYUSDT	773.97	0	get 0.0000% / 8h	15m 12s	$6.2M	$1.6M	100x
Short	OKX SPY-USDT-SWAP	774.10	0	get 0.0000% / 8h	15m 12s	$7.9M	$3.1M	50x

Funding history

latest

Range statsloading…

OKX 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 OKXbpOrdersPrice spread, now +0.017%Rate

Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	0.06 bp	6.7 bp −$7	9.5 bp −$95	32.0 bp −$3,201	doesn't fit
Sell OKX live order book, 3 min ago	0.06 bp	5.5 bp −$5	8.0 bp −$80	18.1 bp −$1,814	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
Phoenix SPY	−0.0155%	1h	773.66	−0.040%	$158K	$254K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.08	+0.014%	$418K	$445K	50x	as long as short
ApeX Omni SPYUSDT	−0.0080%	1h	773.49	−0.062%	$164K	$25K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	774.13	+0.021%	$863K	$193K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.08	+0.014%	$28.6M	$75.8M	50x	as long as short
Bybit SPYUSDTlong	0.0000%	8h	773.97	long leg	$6.2M	$1.6M	100x
OKX SPY-USDT-SWAPshort	0.0000%	8h	774.10	+0.017%	$7.9M	$3.1M	50x
Gate SPY_USDT	0.0000%	8h	773.63	−0.044%	$770K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.06	+0.012%	$29.7M	$11.8M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.27	+0.039%	$10.9M	$1.6M	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	774.32	+0.046%	$169K	$341K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.16	+0.154%	$2K	$1.3M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.76	−0.027%	$23K	$54K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.40	+0.056%	$300K	$38K	50x	as long as short
RISEx SPY/USDC	+0.0014%	1h	774.32	+0.046%	$7.1M	$4.0M	25x	as long as short
Coinbase International SPY-PERP-INTX	+0.0024%	1h	773.87	−0.013%	$951K	$532K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	774.32	+0.045%	$56.3M	$120.3M	50x	as long as short
Nado SPY-PERP	+0.0036%	1h	773.72	−0.032%	$1.5M	$246K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.42	−0.071%	$923K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.98	−0.128%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.26	−0.092%	$4.8M	$865K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.36	−0.079%	$2.5M	$1.0M	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.07	+0.013%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.51	−0.059%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	774.18	+0.027%	$7.9M	$18.0M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.08	+0.014%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0279%	4h	773.95	−0.003%	$639K	$243K	20x	as long as short