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 +0.026%

Price spread now: Bitget against HTX−0.026%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$350.351% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.026%, 7d avg −0.021%

Together, before fees−0.088%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SPY-USDT	774.71	0	get 0.0000% / 8h	5h 39m	$308K	$20K	50x
Short	Bitget SPYUSDT	774.51	0	get 0.0000% / 8h	5h 39m	$10.9M	$2.0M	50x

Funding history

latest

Range statsloading…

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now −0.026%Rate

Slippage from HTX: live order book, 23 min ago; Bitget: live order book, 4 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 23 min ago	2.45 bp	8.5 bp −$8	12.9 bp −$129	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.06 bp	7.1 bp −$7	8.9 bp −$89	doesn't fit	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	−0.0110%	8h	774.41	−0.039%	$418K	$474K	50x	as long as short
ApeX Omni SPYUSDT	−0.0059%	1h	773.48	−0.159%	$162K	$24K	50x	as long as short
Phoenix SPY	−0.0021%	1h	773.76	−0.123%	$161K	$295K	20x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.43	−0.036%	$6.3M	$2.0M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.40	−0.040%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.85	−0.111%	$780K	$2.4M	75x	as long as short
Bitget SPYUSDTshort	0.0000%	8h	774.51	−0.026%	$10.9M	$2.0M	50x
GRVT SPY_USDT_Perp	0.0000%	8h	774.47	−0.031%	$162K	$388K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.51	+0.103%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.01	−0.090%	$23K	$55K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SPY-USDTlong	0.0000%	8h	774.71	long leg	$308K	$20K	50x
Aster SPYUSDT	+0.0003%	8h	774.45	−0.033%	$863K	$203K	20x	as long as short
MEXC SPY_USDT	+0.0009%	8h	774.40	−0.040%	$22.6M	$11.9M	100x	as long as short
Binance SPYUSDT	+0.0010%	8h	774.39	−0.041%	$28.3M	$79.9M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.46	−0.161%	$935K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.12	−0.205%	—	$123K	50x	as long as short
Nado SPY-PERP	+0.0047%	1h	773.93	−0.101%	$1.5M	$288K	20x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.45	−0.163%	$4.8M	$841K	20x	as long as short
Lighter SPY	+0.0056%	1h	774.32	−0.050%	$8.3M	$21.0M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.05	−0.085%	$954K	$552K	20x	as long as short
RISEx SPY/USDC	+0.0097%	1h	774.52	−0.024%	$6.9M	$5.0M	25x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.66	−0.136%	$2.5M	$974K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.30	−0.053%	$1K	—	20x	as long as short
Lighter RH SPY	+0.0104%	1h	774.72	+0.001%	$56.5M	$113.5M	50x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.80	−0.117%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.39	−0.041%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0740%	4h	774.27	−0.057%	$640K	$241K	20x	as long as short