SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.001%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

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

costs, in and out, $10k−$110.112% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.001%, 7d avg +0.006%

Together, before fees−0.252%−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPY_USDT	774.89	0	get 0.0000% / 8h	5h 51m	$29.2M	$13.3M	100x
Short	Binance SPYUSDT	774.88	0	get 0.0000% / 8h	5h 51m	$28.5M	$75.8M	50x

Funding history

latest

Range statsloading…

Binance 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 BinancebpOrdersPrice spread, now −0.001%Rate

Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 14 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, 5 min ago	0.06 bp	0.1 bp $0	0.3 bp −$3	0.7 bp −$73	1.8 bp −$877
Sell Binance live order book, 14 min ago	0.06 bp	6.0 bp −$6	6.8 bp −$68	11.5 bp −$1,148	28.9 bp −$14.5K

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	−0.0411%	1h	773.48	−0.182%	$164K	$24K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.83	−0.008%	$416K	$419K	50x	as long as short
Nado SPY-PERP	−0.0022%	1h	774.43	−0.059%	$1.5M	$282K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.66	−0.030%	$863K	$200K	20x	as long as short
Binance SPYUSDTshort	0.0000%	8h	774.88	−0.001%	$28.5M	$75.8M	50x
Bybit SPYUSDT	0.0000%	8h	774.92	+0.004%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.86	−0.004%	$7.8M	$3.1M	50x	as long as short
RISEx SPY/USDC	0.0000%	1h	774.83	−0.008%	$7.1M	$3.3M	25x	as long as short
Gate SPY_USDT	0.0000%	8h	774.33	−0.072%	$790K	$2.5M	75x	as long as short
MEXC SPY_USDTlong	0.0000%	8h	774.89	long leg	$29.2M	$13.3M	100x

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPYUSDT	0.0000%	8h	774.93	+0.005%	$11.1M	$1.6M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.86	−0.004%	$161K	$336K	10x	as long as short
Phoenix SPY	0.0000%	1h	774.14	−0.097%	$158K	$74K	20x	as long as short
SunX SPY-USDT	0.0000%	8h	775.95	+0.137%	$2K	$1.2M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.99	+0.013%	$300K	$38K	50x	as long as short
Arcus SPY-USD	+0.0015%	1h	773.94	−0.123%	$980K	$1.4M	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0021%	1h	774.59	−0.039%	$23K	$39K	20x	as long as short
Lighter SPY	+0.0032%	1h	774.70	−0.025%	$7.8M	$16.3M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.98	+0.012%	$56.9M	$114.5M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.64	−0.161%	—	$85K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.87	−0.132%	$4.8M	$846K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.22	−0.086%	$952K	$171K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	774.31	−0.075%	$2.5M	$1.0M	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.76	−0.017%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.22	−0.086%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.88	−0.001%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0783%	4h	774.39	−0.065%	$640K	$242K	20x	as long as short