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 −0.044%

Price spread now: Bybit against GRVT−0.030%100s7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as 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−$270.272% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.030%, 7d avg −0.042%

Together, before fees−0.152%+ Points / potential airdropGRVT: Active · farm board−$15 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	774.21	0	get 0.0000% / 8h	2h 35m	$169K	$350K	10x
Short	Bybit SPYUSDT	773.98	0	get 0.0000% / 8h	2h 35m	$6.3M	$1.9M	100x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now −0.030%Rate

Slippage from GRVT: live order book, 12 min ago; Bybit: live order book, 7 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, 12 min ago	2.00 bp	6.5 bp −$7	7.3 bp −$73	doesn't fit	doesn't fit
Sell Bybit live order book, 7 min ago	0.06 bp	7.2 bp −$7	10.1 bp −$101	24.2 bp −$2,420	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
BloFin SPY-USDT	−0.0120%	8h	774.10	−0.014%	$417K	$471K	50x	as long as short
Phoenix SPY	−0.0103%	1h	773.50	−0.092%	$161K	$295K	20x	as long as short
Nado SPY-PERP	−0.0033%	1h	773.94	−0.035%	$1.6M	$272K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.07	−0.018%	$864K	$194K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.19	−0.003%	$28.3M	$79.7M	50x	as long as short
Bybit SPYUSDTshort	0.0000%	8h	773.98	−0.030%	$6.3M	$1.9M	100x
OKX SPY-USDT-SWAP	0.0000%	8h	773.96	−0.032%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.66	−0.071%	$770K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.19	−0.003%	$29.7M	$12.5M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.28	+0.009%	$10.9M	$1.8M	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_Perplong	0.0000%	8h	774.21	long leg	$169K	$350K	10x
SunX SPY-USDT	0.0000%	8h	775.37	+0.150%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.98	−0.030%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.06	−0.019%	$300K	$37K	50x	as long as short
RISEx SPY/USDC	+0.0007%	1h	774.40	+0.024%	$7.0M	$4.9M	25x	as long as short
Ondo Perps SPY-USD.P	+0.0023%	1h	773.12	−0.141%	$4.7M	$832K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.41	−0.103%	$927K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.15	−0.137%	—	$123K	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0048%	1h	773.90	−0.040%	$951K	$558K	20x	as long as short
Lighter RH SPY	+0.0056%	1h	774.62	+0.053%	$56.2M	$117.2M	50x	as long as short
ApeX Omni SPYUSDT	+0.0075%	1h	773.10	−0.143%	$164K	$25K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.43	−0.101%	$2.5M	$972K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.04	−0.022%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.62	−0.076%	$87K	—	10x	as long as short
Lighter SPY	+0.0152%	1h	774.32	+0.014%	$8.1M	$19.3M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.20	−0.002%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0481%	4h	773.94	−0.035%	$639K	$242K	20x	as long as short