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: HTX against OKX+0.037%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.321% 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 3 days (all we have)+0.048%+$5 · spread now +0.037%, 7d avg +0.049%

Together, before fees+0.034%+$3 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	774.35	0	get 0.0000% / 8h	6h 16m	$7.9M	$3.3M	50x
Short	HTX SPY-USDT	774.64	0	get 0.0000% / 8h	6h 16m	$308K	$20K	50x

Funding history

latest

Range statsloading…

HTX 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 HTXbpOrdersPrice spread, now +0.037%Rate

Slippage from OKX: live order book, 2 min ago; HTX: live order book, 51 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, 2 min ago	0.06 bp	6.0 bp −$6	8.5 bp −$85	17.7 bp −$1,775	doesn't fit
Sell HTX live order book, 51 min ago	2.45 bp	12.6 bp −$13	14.4 bp −$144	doesn't fit	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
Bybit SPYUSDT	0.0000%	8h	774.35	0.000%	$6.3M	$2.0M	100x	as long as short
OKX SPY-USDT-SWAPlong	0.0000%	8h	774.35	long leg	$7.9M	$3.3M	50x
Gate SPY_USDT	0.0000%	8h	773.93	−0.054%	$780K	$2.3M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.55	+0.026%	$10.9M	$2.1M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.36	+0.001%	$162K	$379K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.49	+0.147%	$2K	$1.4M	10x	as long as short
HTX SPY-USDTshort	0.0000%	8h	774.64	+0.037%	$308K	$20K	50x
Aster SPYUSDT	+0.0004%	8h	774.44	+0.011%	$863K	$204K	20x	as long as short
MEXC SPY_USDT	+0.0014%	8h	774.34	−0.001%	$20.3M	$12.0M	100x	as long as short
Binance SPYUSDT	+0.0014%	8h	774.32	−0.004%	$28.3M	$80.3M	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	774.29	−0.008%	$8.3M	$21.4M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.42	−0.120%	$935K	$1.4M	50x	as long as short
Phoenix SPY	+0.0041%	1h	773.80	−0.071%	$161K	$296K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.22	−0.146%	—	$123K	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0047%	1h	774.16	−0.025%	$23K	$55K	20x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.62	−0.094%	$4.8M	$841K	20x	as long as short
Lighter RH SPY	+0.0064%	1h	774.82	+0.061%	$56.8M	$114.4M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0088%	1h	773.74	−0.079%	$954K	$556K	20x	as long as short
Nado SPY-PERP	+0.0097%	1h	774.03	−0.042%	$1.5M	$288K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.60	−0.097%	$2.5M	$961K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.99	−0.046%	$160K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.32	−0.004%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.74	−0.079%	$87K	—	10x	as long as short
RISEx SPY/USDC	+0.0190%	1h	774.48	+0.017%	$7.0M	$5.2M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.36	+0.001%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0256%	4h	774.20	−0.019%	$640K	$242K	20x	as long as short