SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.043%

Price spread now: MEXC against HTX−0.023%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.220% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.023%, 7d avg −0.032%

Together, before fees+0.031%+$3 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	774.51	0	get 0.0000% / 8h	4h 19m	$308K	$20K	50x
Short	MEXC SPY_USDT	774.33	0.0006	get 0.0006% / 8h	4h 19m	$26.8M	$12.1M	100x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now −0.023%Rate

Slippage from HTX: live order book, 38 min ago; MEXC: 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, 38 min ago	2.45 bp	8.5 bp −$8	21.1 bp −$211	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$6	0.3 bp −$136

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	−0.0113%	8h	774.32	−0.025%	$417K	$468K	50x	as long as short
ApeX Omni SPYUSDT	−0.0023%	1h	773.48	−0.133%	$163K	$24K	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.37	−0.018%	$6.3M	$2.0M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.37	−0.018%	$7.9M	$3.2M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.91	−0.077%	$776K	$2.4M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.46	−0.006%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.41	−0.013%	$163K	$374K	10x	as long as short
Phoenix SPY	0.0000%	1h	773.78	−0.094%	$161K	$295K	20x	as long as short
SunX SPY-USDT	0.0000%	8h	775.38	+0.112%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.97	−0.070%	$23K	$56K	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	774.51	long leg	$308K	$20K	50x
Binance SPYUSDT	+0.0006%	8h	774.32	−0.025%	$28.2M	$79.9M	50x	as long as short
MEXC SPY_USDTshort	+0.0006%	8h	774.33	−0.023%	$26.8M	$12.1M	100x
Arcus SPY-USD	+0.0040%	1h	773.62	−0.115%	$935K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.19	−0.170%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.59	−0.119%	$4.8M	$832K	20x	as long as short
Aster SPYUSDT	+0.0054%	8h	774.41	−0.013%	$865K	$196K	20x	as long as short
Lighter RH SPY	+0.0064%	1h	774.64	+0.017%	$56.4M	$114.8M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0064%	1h	774.05	−0.059%	$954K	$552K	20x	as long as short
Lighter SPY	+0.0072%	1h	774.36	−0.019%	$8.3M	$19.5M	50x	as long as short
Nado SPY-PERP	+0.0074%	1h	774.00	−0.065%	$1.5M	$280K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.72	−0.102%	$2.5M	$979K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.27	−0.031%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.77	−0.096%	$87K	—	10x	as long as short
RISEx SPY/USDC	+0.0173%	1h	774.47	−0.005%	$7.0M	$5.0M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.37	−0.019%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0825%	4h	774.14	−0.048%	$640K	$242K	20x	as long as short