SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.034%

Price spread now: Arcus against MEXC−0.129%7-day average −0.114% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$110.107% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.129%, 7d avg −0.114%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPY_USDT	774.70	0.0018	pay 0.0018% / 8h	7h 28m	$30.0M	$11.7M	100x
Short	Arcus SPY-USD	773.70	−0.0016	pay 0.0002% / 1h	28m 10s	$937K	$1.4M	50x

Funding history

latest

Range statsloading…

Arcus against MEXC. 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 MEXCbpFee ArcusbpOrdersPrice spread, now −0.129%Rate

Slippage from MEXC: live order book, 1 min ago; Arcus: live order book, 1 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.2 bp −$23	1.5 bp −$752
Sell Arcus live order book, 1 min ago	0.06 bp	5.8 bp −$6	9.3 bp −$93	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	−0.0102%	8h	774.60	−0.013%	$413K	$571K	50x	as long as short
Arcus SPY-USDshort	−0.0016%	1h	773.70	−0.129%	$937K	$1.4M	50x
Bybit SPYUSDT	0.0000%	8h	774.81	+0.014%	$6.3M	$2.0M	100x	as long as short
Gate SPY_USDT	0.0000%	8h	774.27	−0.056%	$780K	$2.3M	75x	as long as short
SunX SPY-USDT	0.0000%	8h	775.80	+0.142%	$2K	$1.5M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.80	+0.013%	$308K	$20K	50x	as long as short
Aster SPYUSDT	+0.0005%	8h	774.60	−0.013%	$863K	$204K	20x	as long as short
OKX SPY-USDT-SWAP	+0.0006%	8h	774.73	+0.004%	$7.9M	$3.3M	50x	as long as short
MEXC SPY_USDTlong	+0.0018%	8h	774.70	long leg	$30.0M	$11.7M	100x
Binance SPYUSDT	+0.0018%	8h	774.71	+0.001%	$28.5M	$81.2M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPYUSDT	+0.0026%	8h	774.60	−0.013%	$11.0M	$2.3M	50x	as long as short
Lighter SPY	+0.0032%	1h	774.41	−0.037%	$8.2M	$21.6M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.84	+0.018%	$57.3M	$113.9M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.40	−0.168%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.50	−0.155%	$4.8M	$847K	20x	as long as short
GRVT SPY_USDT_Perp	+0.0062%	8h	774.68	−0.003%	$168K	$398K	10x	as long as short
Phoenix SPY	+0.0062%	1h	773.99	−0.092%	$161K	$296K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0064%	1h	774.00	−0.090%	$954K	$554K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	774.00	−0.090%	$2.5M	$949K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.91	−0.102%	$159K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.63	−0.009%	$1K	—	20x	as long as short
Nado SPY-PERP	+0.0101%	1h	774.20	−0.065%	$1.5M	$282K	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.07	−0.081%	$87K	—	10x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0176%	1h	774.45	−0.032%	$23K	$55K	20x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0208% / S −0.0429%	1h	774.72	+0.002%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0241%	4h	774.46	−0.030%	$640K	$242K	20x	as long as short
RISEx SPY/USDC	+0.0320%	1h	774.80	+0.014%	$6.9M	$5.2M	25x	as long as short