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

SPY

RWAall SPY markets
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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 −0.044%
Price spread now: SunX against GRVT+0.115%74s7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2492.491% 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)+0.022%+$2 · spread now +0.115%, 7d avg +0.123%
Together, before fees−0.099%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SPY_USDT_Perp774.260get 0.0000% / 8h18m 21s$169K$341K10x
ShortSunX SPY-USDT775.150get 0.0000% / 8h18m 21s$2K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.115% → +0.123%
−$0.8
Slippage, 4 orders
−$232.13
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$249.92
Costs to cover
2.491%
Break-even
never at this rate
Slippage from GRVT: live order book, 19 min ago; SunX: live order book, 6 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, 19 min ago1.81 bp6.6 bp −$77.6 bp −$76doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago29.08 bp128.9 bp −$129doesn't fitdoesn'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
Phoenix SPY−0.0155%1h773.53−0.094%$158K$254K20xas long as short
BloFin SPY-USDT−0.0120%8h774.08−0.023%$419K$445K50xas long as short
ApeX Omni SPYUSDT−0.0114%1h773.48−0.101%$164K$25K50xas long as short
Aster SPYUSDT0.0000%8h774.13−0.017%$863K$193K20xas long as short
Binance SPYUSDT0.0000%8h774.08−0.024%$28.6M$75.9M50xas long as short
Bybit SPYUSDT0.0000%8h773.98−0.036%$6.2M$1.6M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.10−0.021%$7.9M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.62−0.083%$770K$2.5M75xas long as short
MEXC SPY_USDT0.0000%8h774.07−0.024%$29.7M$11.8M100xas long as short
Bitget SPYUSDT0.0000%8h774.27+0.001%$10.9M$1.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perplong0.0000%8h774.26long leg$169K$341K10x
SunX SPY-USDTshort0.0000%8h775.15+0.115%$2K$1.3M10x
Deribit SPY_USDC-PERPETUAL0.0000%1h773.80−0.059%$23K$54K20xas long as short
HTX SPY-USDT0.0000%8h774.44+0.023%$300K$38K50xas long as short
RISEx SPY/USDC+0.0014%1h774.32+0.008%$7.1M$4.0M25xas long as short
Coinbase International SPY-PERP-INTX+0.0024%1h773.87−0.050%$951K$532K20xas long as short
Lighter RH SPY+0.0032%1h774.32+0.008%$56.4M$120.1M50xas long as short
Nado SPY-PERP+0.0033%1h773.73−0.069%$1.5M$246K20xas long as short
Arcus SPY-USD+0.0040%1h773.43−0.107%$923K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.00−0.163%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.26−0.129%$4.8M$865K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.39−0.112%$2.5M$1.0M20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.06−0.026%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.51−0.097%$87K10xas long as short
Lighter SPY+0.0120%1h774.20−0.008%$7.9M$18.0M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.08−0.024%$10K26xas long as short
edgeX SPYUSDC+0.0855%4h773.99−0.035%$640K$242K20xas long as short