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 −0.014%

Price spread now: Bybit against OKX−0.006%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.255% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.006%, 7d avg −0.005%

Together, before fees−0.051%−$5 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	774.41	0	get 0.0000% / 8h	6h 01m	$7.9M	$3.3M	50x
Short	Bybit SPYUSDT	774.36	0	get 0.0000% / 8h	6h 01m	$6.3M	$2.0M	100x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now −0.006%Rate

Slippage from OKX: live order book, 1 min ago; Bybit: 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 OKX live order book, 1 min ago	0.06 bp	6.1 bp −$6	7.8 bp −$78	17.3 bp −$1,734	doesn't fit
Sell Bybit live order book, 1 min ago	0.06 bp	7.1 bp −$7	9.9 bp −$99	31.6 bp −$3,164	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
Aster SPYUSDT	0.0000%	8h	774.49	+0.010%	$863K	$203K	20x	as long as short
Bybit SPYUSDTshort	0.0000%	8h	774.36	−0.006%	$6.3M	$2.0M	100x
OKX SPY-USDT-SWAPlong	0.0000%	8h	774.41	long leg	$7.9M	$3.3M	50x
Gate SPY_USDT	0.0000%	8h	773.85	−0.072%	$780K	$2.4M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.49	+0.010%	$10.9M	$2.0M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.40	−0.001%	$161K	$379K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.47	+0.137%	$2K	$1.4M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.59	+0.023%	$308K	$20K	50x	as long as short
MEXC SPY_USDT	+0.0007%	8h	774.33	−0.010%	$21.1M	$12.1M	100x	as long as short
Binance SPYUSDT	+0.0007%	8h	774.35	−0.008%	$28.4M	$80.0M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPY	+0.0032%	1h	774.27	−0.018%	$8.3M	$21.4M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.41	−0.129%	$935K	$1.3M	50x	as long as short
Phoenix SPY	+0.0041%	1h	773.79	−0.080%	$161K	$296K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.21	−0.155%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.58	−0.107%	$4.8M	$841K	20x	as long as short
Nado SPY-PERP	+0.0077%	1h	773.98	−0.055%	$1.5M	$288K	20x	as long as short
Lighter RH SPY	+0.0080%	1h	774.76	+0.045%	$56.7M	$115.0M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0088%	1h	773.74	−0.087%	$954K	$552K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.59	−0.106%	$2.5M	$967K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.92	−0.063%	$160K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.32	−0.012%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.71	−0.090%	$87K	—	10x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0125%	1h	774.15	−0.034%	$23K	$55K	20x	as long as short
RISEx SPY/USDC	+0.0190%	1h	774.46	+0.006%	$7.0M	$5.2M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.35	−0.008%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0688%	4h	774.21	−0.025%	$640K	$241K	20x	as long as short