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

SPY

RWAall SPY markets
SwapBacktest
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 +0.045%
Price spread now: Aster against HTX−0.029%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.029%, 7d avg −0.028%
Together, before fees+0.070%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SPY-USDT774.390get 0.0000% / 8h1h 36m$300K$38K50x
ShortAster SPYUSDT774.160get 0.0000% / 8h1h 36m$863K$196K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: −0.029% → −0.028%
−$0.1
Slippage, 4 orders
−$16.97
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$37.07
Costs to cover
0.370%
Break-even
never at this rate
Slippage from HTX: live order book, 6 min ago; Aster: 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 HTX live order book, 6 min ago7.42 bp13.4 bp −$1313.4 bp −$134doesn't fitdoesn't fit
Sell Aster live order book, 6 min ago0.45 bp5.0 bp −$56.3 bp −$63doesn'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
ApeX Omni SPYUSDT−0.0263%1h773.49−0.116%$164K$25K50xas long as short
BloFin SPY-USDT−0.0120%8h774.09−0.039%$419K$472K50xas long as short
Phoenix SPY−0.0114%1h773.76−0.081%$161K$294K20xas long as short
Ondo Perps SPY-USD.P−0.0054%1h773.49−0.116%$4.8M$874K20xas long as short
Nado SPY-PERP−0.0024%1h773.93−0.059%$1.6M$256K20xas long as short
Aster SPYUSDTshort0.0000%8h774.16−0.029%$863K$196K20x
Binance SPYUSDT0.0000%8h774.25−0.018%$28.6M$78.7M50xas long as short
Bybit SPYUSDT0.0000%8h774.07−0.041%$6.2M$1.7M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.08−0.040%$7.9M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.79−0.077%$770K$2.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPY_USDT0.0000%8h774.24−0.019%$29.7M$11.9M100xas long as short
Bitget SPYUSDT0.0000%8h774.46+0.009%$10.9M$1.8M50xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.43+0.005%$169K$351K10xas long as short
SunX SPY-USDT0.0000%8h775.31+0.119%$2K$1.4M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h773.96−0.056%$23K$56K20xas long as short
HTX SPY-USDTlong0.0000%8h774.39long leg$300K$38K50x
Lighter SPY+0.0032%1h774.30−0.012%$8.2M$18.6M50xas long as short
Lighter RH SPY+0.0032%1h774.57+0.023%$56.2M$118.4M50xas long as short
Coinbase International SPY-PERP-INTX+0.0032%1h773.77−0.080%$950K$555K20xas long as short
Arcus SPY-USD+0.0040%1h773.47−0.119%$926K$1.4M50xas long as short
RISEx SPY/USDC+0.0043%1h774.45+0.008%$7.1M$4.2M25xas long as short
Vest SPY-USD-PERP+0.0046%1h773.24−0.149%$123K50xas long as short
KuCoin SPYUSDTM+0.0100%8h773.58−0.105%$2.5M$998K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.17−0.028%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.64−0.097%$87K10xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.25−0.019%$10K26xas long as short
edgeX SPYUSDC+0.0211%4h774.15−0.031%$640K$242K20xas long as short