SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: Binance against OKX+0.012%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.218% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.174%−$17 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.012%, 7d avg +0.017%

Together, before fees−0.173%−$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPY-USDT-SWAP	774.19	0	get 0.0000% / 8h	3h 27m	$7.9M	$3.3M	50x
Short	Binance SPYUSDT	774.28	0	get 0.0000% / 8h	3h 27m	$28.1M	$79.5M	50x

Funding history

latest

Range statsloading…

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.012%Rate

Slippage from OKX: live order book, 5 min ago; Binance: live order book, 15 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	0.06 bp	6.6 bp −$7	9.3 bp −$93	20.4 bp −$2,037	doesn't fit
Sell Binance live order book, 15 min ago	0.06 bp	5.1 bp −$5	5.4 bp −$54	10.1 bp −$1,007	27.7 bp −$13.8K

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	−0.0120%	8h	774.19	0.000%	$417K	$468K	50x	as long as short
Phoenix SPY	−0.0010%	1h	773.70	−0.063%	$161K	$295K	20x	as long as short
Binance SPYUSDTshort	0.0000%	8h	774.28	+0.012%	$28.1M	$79.5M	50x
Bybit SPYUSDT	0.0000%	8h	774.22	+0.004%	$6.3M	$1.9M	100x	as long as short
OKX SPY-USDT-SWAPlong	0.0000%	8h	774.19	long leg	$7.9M	$3.3M	50x
Gate SPY_USDT	0.0000%	8h	773.94	−0.032%	$776K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.27	+0.010%	$29.7M	$12.5M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.43	+0.031%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.19	0.000%	$159K	$381K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.30	+0.143%	$2K	$1.4M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SPY-USDT	0.0000%	8h	774.49	+0.039%	$308K	$20K	50x	as long as short
Aster SPYUSDT	+0.0008%	8h	774.12	−0.009%	$864K	$194K	20x	as long as short
Nado SPY-PERP	+0.0031%	1h	774.06	−0.016%	$1.5M	$276K	20x	as long as short
ApeX Omni SPYUSDT	+0.0032%	1h	773.21	−0.127%	$162K	$24K	50x	as long as short
Lighter RH SPY	+0.0040%	1h	774.71	+0.067%	$56.4M	$117.3M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.46	−0.094%	$927K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.24	−0.123%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.09	−0.142%	$4.7M	$841K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	773.74	−0.058%	$950K	$551K	20x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0060%	1h	774.17	−0.003%	$23K	$56K	20x	as long as short
Lighter SPY	+0.0096%	1h	774.34	+0.019%	$8.2M	$19.3M	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.57	−0.080%	$2.5M	$981K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.16	−0.004%	$1K	—	20x	as long as short
RISEx SPY/USDC	+0.0100%	1h	774.46	+0.035%	$7.0M	$5.0M	25x	as long as short
edgeX SPYUSDC	+0.0101%	4h	774.06	−0.017%	$640K	$243K	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.69	−0.065%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.28	+0.012%	$10K	—	26x	as long as short