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

SPY

RWAall SPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Gate−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPY_USDT773.950get 0.0000% / 8h5h 35m$780K$2.4M75x
ShortAevo SPY-PERP773.880.0104get 0.0013% / 1h35m 41s$87K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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
$21.84
Price spread: −0.009% → 0.000%
−$0.87
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.03
Costs to cover
0.310%
Break-even
10.2 days
Slippage unknown: Gate: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago2.71 bp11.4 bp −$1115.9 bp −$15965.9 bp −$6,587doesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin SPY-USDT−0.0110%8h774.43+0.062%$417K$470K50xas long as short
ApeX Omni SPYUSDT−0.0058%1h773.21−0.096%$162K$24K50xas long as short
Phoenix SPY−0.0021%1h773.76−0.025%$161K$295K20xas long as short
Bybit SPYUSDT0.0000%8h774.49+0.070%$6.3M$2.0M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.41+0.059%$7.9M$3.3M50xas long as short
Gate SPY_USDTlong0.0000%8h773.95long leg$780K$2.4M75x
Bitget SPYUSDT0.0000%8h774.53+0.075%$10.9M$2.0M50xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.45+0.065%$162K$375K10xas long as short
SunX SPY-USDT0.0000%8h775.60+0.213%$2K$1.4M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h774.05+0.013%$23K$55K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SPY-USDT0.0000%8h774.57+0.080%$308K$20K50xas long as short
Aster SPYUSDT+0.0005%8h774.45+0.064%$863K$203K20xas long as short
MEXC SPY_USDT+0.0010%8h774.46+0.066%$22.6M$11.9M100xas long as short
Binance SPYUSDT+0.0010%8h774.47+0.067%$28.3M$80.0M50xas long as short
Arcus SPY-USD+0.0040%1h773.54−0.053%$935K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.24−0.092%$123K50xas long as short
Nado SPY-PERP+0.0049%1h773.96+0.001%$1.5M$288K20xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.51−0.057%$4.8M$842K20xas long as short
Lighter SPY+0.0056%1h774.39+0.057%$8.3M$21.0M50xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h774.05+0.013%$954K$552K20xas long as short
RISEx SPY/USDC+0.0097%1h774.63+0.088%$6.9M$5.0M25xas long as short
KuCoin SPYUSDTM+0.0100%8h773.70−0.032%$2.5M$975K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.36+0.053%$1K20xas long as short
Lighter RH SPY+0.0104%1h774.79+0.109%$56.6M$113.8M50xas long as short
Aevo SPY-PERPshort+0.0104%1h773.88−0.009%$87K10x
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.49+0.069%$10K26xas long as short
edgeX SPYUSDC+0.0740%4h774.27+0.041%$640K$241K20xas long as short