Settings8H · net · $10k
Funding arb · Price arb /

SPY

RWAall SPY markets
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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 −0.013%
Price spread now: SunX against MEXC+0.148%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2362.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.148%, 7d avg +0.143%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPY_USDT774.570get 0.0000% / 8h5h 27m$29.2M$13.3M100x
ShortSunX SPY-USDT775.720get 0.0000% / 8h5h 27m$2K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.148% → +0.143%
$0.53
Slippage, 4 orders
−$228.4
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$235.87
Costs to cover
2.364%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.06 bp0.1 bp $00.1 bp −$10.2 bp −$181.4 bp −$678
Sell SunX live order book, 9 min ago29.07 bp128.9 bp −$129doesn't fitdoesn't fitdoesn't fit

SPY on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPY-USDT−0.0120%8h774.570.000%$418K$422K50xas long as short
Nado SPY-PERP−0.0001%1h774.32−0.033%$1.5M$277K20xas long as short
Aster SPYUSDT0.0000%8h774.61+0.005%$862K$200K20xas long as short
Binance SPYUSDT0.0000%8h774.56−0.002%$28.5M$73.8M50xas long as short
Bybit SPYUSDT0.0000%8h774.51−0.008%$6.2M$1.5M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.58+0.001%$7.8M$3.0M50xas long as short
RISEx SPY/USDC0.0000%1h774.53−0.006%$7.1M$3.3M25xas long as short
Gate SPY_USDT0.0000%8h774.15−0.054%$788K$2.5M75xas long as short
MEXC SPY_USDTlong0.0000%8h774.57long leg$29.2M$13.3M100x
Bitget SPYUSDT0.0000%8h774.69+0.015%$11.1M$1.5M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perp0.0000%8h774.76+0.024%$161K$336K10xas long as short
Phoenix SPY0.0000%1h773.96−0.079%$158K$74K20xas long as short
SunX SPY-USDTshort0.0000%8h775.72+0.148%$2K$1.1M10x
Deribit SPY_USDC-PERPETUAL0.0000%1h774.10−0.061%$23K$39K20xas long as short
HTX SPY-USDT0.0000%8h774.71+0.018%$300K$25K50xas long as short
Arcus SPY-USD+0.0015%1h773.68−0.115%$980K$1.4M50xas long as short
Lighter SPY+0.0032%1h774.39−0.023%$7.8M$16.4M50xas long as short
Lighter RH SPY+0.0032%1h774.72+0.019%$56.8M$115.8M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.43−0.147%$85K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.61−0.124%$4.8M$837K20xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h774.26−0.040%$952K$172K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.94−0.081%$2.5M$1.0M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h773.97−0.077%$223K$51K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.46−0.014%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.90−0.087%$87K10xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.59+0.002%$10K26xas long as short
edgeX SPYUSDC+0.0262%4h774.31−0.033%$640K$243K20xas long as short