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 −0.001%

Price spread now: Binance against GRVT−0.022%79s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.231% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.281%−$28 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.022%, 7d avg −0.017%

Together, before fees−0.247%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SPY_USDT_Perp	774.40	0	get 0.0000% / 8h	1h 32m	$158K	$361K	10x
Short	Binance SPYUSDT	774.24	0	get 0.0000% / 8h	1h 32m	$28.6M	$78.6M	50x

Funding history

latest

Range statsloading…

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now −0.022%Rate

Slippage from GRVT: live order book, 10 min ago; Binance: live order book, 10 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 10 min ago	2.00 bp	6.5 bp −$7	7.8 bp −$78	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.06 bp	5.1 bp −$5	5.3 bp −$53	10.1 bp −$1,011	25.2 bp −$12.6K

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	−0.0248%	1h	773.48	−0.119%	$164K	$25K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.10	−0.039%	$419K	$472K	50x	as long as short
Phoenix SPY	−0.0114%	1h	773.76	−0.083%	$161K	$294K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0041%	1h	773.22	−0.153%	$4.8M	$871K	20x	as long as short
Nado SPY-PERP	−0.0015%	1h	773.96	−0.057%	$1.5M	$255K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.20	−0.026%	$863K	$196K	20x	as long as short
Binance SPYUSDTshort	0.0000%	8h	774.24	−0.022%	$28.6M	$78.6M	50x
Bybit SPYUSDT	0.0000%	8h	774.01	−0.051%	$6.2M	$1.7M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.07	−0.043%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.74	−0.086%	$770K	$2.4M	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	774.25	−0.020%	$29.7M	$11.9M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.36	−0.006%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perplong	0.0000%	8h	774.40	long leg	$158K	$361K	10x
SunX SPY-USDT	0.0000%	8h	775.36	+0.123%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.89	−0.066%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.49	+0.011%	$300K	$38K	50x	as long as short
Lighter SPY	+0.0032%	1h	774.30	−0.013%	$8.2M	$18.6M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.57	+0.021%	$56.2M	$118.6M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0032%	1h	773.92	−0.062%	$950K	$555K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.49	−0.118%	$926K	$1.4M	50x	as long as short
RISEx SPY/USDC	+0.0043%	1h	774.46	+0.007%	$7.1M	$4.2M	25x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.21	−0.154%	—	$123K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.45	−0.123%	$2.5M	$998K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.13	−0.035%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.67	−0.094%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.25	−0.019%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0880%	4h	774.08	−0.042%	$640K	$242K	20x	as long as short