SPY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXSPYUSDC	751.20	+0.0039	pay 0.0019% / 4h	7m 45s	$614K	$227K	20x	Long edgeX
SHORT	ArcusSPY-USD	750.45	−0.0139	pay 0.0017% / 1h	7m 45s	$32.2M	$70.6M	50x	Short Arcus5% off

Price gap−0.101%

Funding gap−0.0178% /8h

Funding costs $5 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$102−0.0178% /8h now · paid −1.017% over the last 7D

Price$0spread −0.101% now, avg −0.104% → +0.004% if it goes back

Costs−$240.241% of $10k · taker + slippage, in and out

Result−$125−1.25%+ Points / potential airdropedgeX: points · Arcus: points · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.101%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPY on 34 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

OK: Fits both order books9.8 / 2.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $200
edgeX 20x, Arcus 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$5.33Long edgeX: 6 payments, −$1.17; short Arcus: 24 payments, −$4.16.
Note: Gap at its usual level−0.101% vs −0.104%
The price leg adds little either way.
Watch: Long leg is thinner$614K vs $32.2M OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points · Arcus points
Volume here counts toward the points program.
OK: No KYC on either legedgeX No · Arcus No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0484%/8h × 21 periods−$101.68

Price spread−0.101% → −0.104% (7d avg)+$0.38

Slippage, 4 orderslive order books−$10.56

Fee edgeX bp × 2 orders−$9.00

Fee Arcus bp × 2 orders−$4.50

Net · 7 days · $10k−$125.36

Costs to cover0.241%Break-evennever at this rate

Slippage: edgeX: live order book, 37 min ago; Arcus: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX5.149.8 bp−$1010.6 bp−$106doesn’t fitdoesn’t fit

SELL · SHORTArcus0.072.3 bp−$22.3 bp−$233.7 bp−$369doesn’t fit

Closing costs about the same again.

SPY news

posts that mention SPY or SPDR S&P 500 ETF, from every exchange

11-09 04:14	Injective	Token	INJ is on Nasdaq. $INJC, the first US ETF for $INJ, went live Thursday with staking built in, and on Friday we rang the Nasdaq opening bell alongside @CanaryFunds. Days earlier, we opened a dedicated rail for banks and enterprises to plug straight into Injective block production. Wall Street met Injective this week. Here are the top developments from a historic few days ⤵️ 🟪 Your brokerage account can now hold $INJ through $INJC on @NasdaqExchange, an ETF that aims to stake up to 90% of its INJ and restakes net rewards automatically. 🟪 Banks and enterprises get a direct line into Injective block production with Institutional Rail, which delivers next block inclusion and instant finality and is already in production with select financial institutions. 🟪 Bloomberg Terminals now carry $INJC, putting the first US listed $INJ ETF in front of the institutions, banks, and hedge funds that use them every day. 🟪 LG CNS is joining our Bangkok Hacker House after completing a trade finance PoC on Injective with POSCO International, and applications close November 10. 📊 Key Stats 🟪 Injective has processed 3B+ transactions, carries over $1 billion in tokenized assets, and has run over 7.2 million $INJ in buybacks funded by onchain revenue. 🟪 Users traded $416 million over 7 days across Injective exchange dApps, lifting cumulative volume to $85.1 billion. 🌐 Ecosystem News 🟪 The Cosmos Hub voted on November 3 to move 566,067 USDC from its community pool into Circle’s native USDC on Injective. 🟪 Luxury mystery box app @MistBoxpro launched on Injective and logged 17,139 new signups, 8,333 boxes opened, across November 4 and 5. 🟪 October was month one for @runupdotfun, and it closed with 1,096 token launches and $2.3M in volume. 🟪 Trade $AAPL, $NVDA, $TSLA, $SPY, and 600+ more tokenized US stocks and ETFs on Injective through @ChoiceXchange, powered by Swimmer Finance. 🟪 Tokenized fund market cap on Injective has grown by $206.3M so far in 2026, according to @RWAFoundation_ using Token Terminal data. What started in a dorm room in 2018 just opened the market on Wall Street. Hacker House applications close November 10, so come build the next chapter with us. @injective on X ↗
11-05 15:09	RISEx	Other	Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗
11-05 13:24	Kalshi	Listing	new market KXSPYPERP ($SPY) seen by our collector
10-28 15:00	MEXC	Other	Everyone’s watching December. @MEXC_Research is watching 2027, and what it means for QQQ vs SPY. 👀 Read it before the Fed speaks. 👇 @MEXC on X ↗
10-20 15:24	Orderly	Other	Perp Anything go brrrrrrrr 🖨️ The $SPY Perp Anything market on Orderly just did $48M trading volume in 24 hours. Its creator earned $2,425.79 in fees. At that pace, that's $72,774 in 30 days. From ONE market. See an opportunity? Perp it. @OrderlyNetwork on X ↗
10-14 13:01	Reya	Listing	SPY and QQQ perps are live on Reya. First we launched the Mag7. Now the bigger picture. Up to 25x leverage on both index perps. @reya_xyz on X ↗

SPY