SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.011%

Price spread now: RISEx against KuCoin+0.065%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.326% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.007%+$1 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.065%, 7d avg +0.049%

Together, before fees−0.005%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPYUSDTM	774.10	0.0100	pay 0.0100% / 8h	5h 44m	$2.5M	$1.0M	20x
Short	RISEx SPY/USDC	774.60	0	get 0.0000% / 1h	44m 31s	$7.1M	$3.3M	25x

Funding history

latest

Range statsloading…

RISEx against KuCoin. 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 KuCoinbpFee RISExbpOrdersPrice spread, now +0.065%Rate

Slippage from KuCoin: live order book, 5 min ago; RISEx: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 5 min ago	2.07 bp	13.7 bp −$14	86.4 bp −$864	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.06 bp	4.2 bp −$4	4.6 bp −$46	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
ApeX Omni SPYUSDT	−0.0311%	1h	773.51	−0.076%	$223K	$51K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.61	+0.066%	$417K	$422K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	774.66	+0.072%	$863K	$200K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.60	+0.065%	$28.5M	$75.8M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.60	+0.065%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.53	+0.056%	$7.8M	$3.1M	50x	as long as short
RISEx SPY/USDCshort	0.0000%	1h	774.60	+0.065%	$7.1M	$3.3M	25x
Gate SPY_USDT	0.0000%	8h	774.22	+0.016%	$788K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.60	+0.065%	$29.2M	$13.3M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.73	+0.081%	$11.1M	$1.6M	50x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.88	+0.101%	$161K	$336K	10x	as long as short
Phoenix SPY	0.0000%	1h	774.24	+0.018%	$158K	$74K	20x	as long as short
SunX SPY-USDT	0.0000%	8h	775.67	+0.203%	$2K	$1.2M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.26	+0.021%	$23K	$39K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	775.04	+0.121%	$300K	$38K	50x	as long as short
Nado SPY-PERP	+0.0005%	1h	774.28	+0.023%	$1.5M	$283K	20x	as long as short
Arcus SPY-USD	+0.0015%	1h	773.73	−0.048%	$980K	$1.4M	50x	as long as short
Lighter SPY	+0.0032%	1h	774.43	+0.043%	$7.8M	$16.3M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.75	+0.084%	$56.9M	$114.9M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.47	−0.081%	—	$85K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.63	−0.061%	$4.8M	$844K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.22	+0.016%	$952K	$171K	20x	as long as short
KuCoin SPYUSDTMlong	+0.0100%	8h	774.10	long leg	$2.5M	$1.0M	20x
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.41	+0.040%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.01	−0.011%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.55	+0.059%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0770%	4h	774.55	+0.059%	$640K	$243K	20x	as long as short