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

SPY

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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 +0.002%
Price spread now: Aster against GRVT−0.016%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.016%, 7d avg −0.014%
Together, before fees−0.011%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SPY_USDT_Perp774.320get 0.0000% / 8h2h 16m$169K$350K10x
ShortAster SPYUSDT774.200get 0.0000% / 8h2h 16m$864K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
$0
Price spread: −0.016% → −0.014%
−$0.14
Slippage, 4 orders
−$6.17
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.3
Costs to cover
0.232%
Break-even
never at this rate
Slippage from GRVT: live order book, 31 min ago; Aster: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 31 min ago2.00 bp6.5 bp −$77.3 bp −$73doesn't fitdoesn't fit
Sell Aster live order book, 31 min ago0.45 bp4.6 bp −$55.2 bp −$52doesn't fitdoesn't fit

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−0.0120%8h774.09−0.030%$417K$473K50xas long as short
Phoenix SPY−0.0103%1h773.72−0.078%$161K$295K20xas long as short
Nado SPY-PERP−0.0048%1h774.14−0.023%$1.6M$261K20xas long as short
Aster SPYUSDTshort0.0000%8h774.20−0.016%$864K$195K20x
Binance SPYUSDT0.0000%8h774.36+0.004%$28.5M$79.5M50xas long as short
Bybit SPYUSDT0.0000%8h774.24−0.010%$6.2M$1.9M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.28−0.005%$8.0M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.93−0.051%$770K$2.4M75xas long as short
MEXC SPY_USDT0.0000%8h774.36+0.005%$29.7M$12.5M100xas long as short
Bitget SPYUSDT0.0000%8h774.49+0.022%$10.9M$1.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perplong0.0000%8h774.32long leg$169K$350K10x
SunX SPY-USDT0.0000%8h775.50+0.152%$2K$1.4M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h774.22−0.013%$23K$56K20xas long as short
HTX SPY-USDT0.0000%8h774.38+0.008%$300K$37K50xas long as short
RISEx SPY/USDC+0.0007%1h774.61+0.037%$7.0M$4.5M25xas long as short
Ondo Perps SPY-USD.P+0.0026%1h773.39−0.120%$4.7M$830K20xas long as short
Arcus SPY-USD+0.0040%1h773.52−0.103%$927K$1.4M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.36−0.124%$123K50xas long as short
Lighter RH SPY+0.0048%1h774.79+0.061%$56.3M$119.3M50xas long as short
Coinbase International SPY-PERP-INTX+0.0048%1h773.77−0.071%$950K$558K20xas long as short
ApeX Omni SPYUSDT+0.0052%1h773.28−0.134%$164K$25K50xas long as short
KuCoin SPYUSDTM+0.0100%8h773.48−0.109%$2.5M$985K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.27−0.007%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.84−0.063%$87K10xas long as short
Lighter SPY+0.0120%1h774.52+0.026%$8.2M$19.4M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.38+0.007%$10K26xas long as short
edgeX SPYUSDC+0.0599%4h774.13−0.025%$640K$242K20xas long as short