SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.041%

Price spread now: GRVT against MEXC+0.026%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

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

costs, in and out, $10k−$130.127% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.026%, 7d avg +0.018%

Together, before fees−0.042%+ Points / potential airdropGRVT: Active · farm board−$4 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	774.17	0.0023	pay 0.0023% / 8h	6h 41m	$19.7M	$11.7M	100x
Short	GRVT SPY_USDT_Perp	774.37	0.0028	get 0.0028% / 8h	6h 41m	$162K	$391K	10x

Funding history

latest

Range statsloading…

GRVT 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 GRVTbpOrdersPrice spread, now +0.026%Rate

Slippage from MEXC: live order book, 2 min ago; GRVT: live order book, 26 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, 2 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$6	1.2 bp −$595
Sell GRVT live order book, 26 min ago	1.74 bp	6.2 bp −$6	7.0 bp −$70	102.6 bp −$10.3K	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	−0.0096%	8h	774.30	+0.017%	$417K	$545K	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.02	−0.019%	$6.3M	$2.0M	100x	as long as short
Gate SPY_USDT	0.0000%	8h	773.65	−0.067%	$780K	$2.3M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.33	+0.021%	$10.9M	$2.2M	50x	as long as short
SunX SPY-USDT	0.0000%	8h	775.40	+0.159%	$2K	$1.5M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.46	+0.037%	$308K	$20K	50x	as long as short
OKX SPY-USDT-SWAP	+0.0013%	8h	774.08	−0.012%	$7.9M	$3.3M	50x	as long as short
Aster SPYUSDT	+0.0016%	8h	774.23	+0.007%	$863K	$204K	20x	as long as short
MEXC SPY_USDTlong	+0.0023%	8h	774.17	long leg	$19.7M	$11.7M	100x
Binance SPYUSDT	+0.0024%	8h	774.17	0.000%	$28.4M	$80.5M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perpshort	+0.0028%	8h	774.37	+0.026%	$162K	$391K	10x
Lighter SPY	+0.0032%	1h	774.06	−0.014%	$8.3M	$21.4M	50x	as long as short
Lighter RH SPY	+0.0040%	1h	774.45	+0.036%	$57.3M	$112.5M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.39	−0.101%	$935K	$1.4M	50x	as long as short
Phoenix SPY	+0.0041%	1h	773.57	−0.078%	$161K	$296K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.99	−0.152%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.40	−0.099%	$4.8M	$842K	20x	as long as short
edgeX SPYUSDC	+0.0086%	4h	774.14	−0.005%	$640K	$240K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0088%	1h	774.14	−0.004%	$955K	$555K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.75	−0.054%	$2.5M	$942K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.79	−0.049%	$159K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.24	+0.009%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.60	−0.074%	$87K	—	10x	as long as short
Nado SPY-PERP	+0.0110%	1h	773.73	−0.057%	$1.5M	$285K	20x	as long as short
RISEx SPY/USDC	+0.0190%	1h	774.32	+0.019%	$7.0M	$5.2M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.17	+0.001%	$10K	—	26x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0228%	1h	774.01	−0.021%	$23K	$55K	20x	as long as short