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

SPY

RWAall SPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.020%
Price spread now: Aevo against Ondo Perps+0.072%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.072% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SPY-USD.P773.460.0050pay 0.0006% / 1h31m 22s$4.8M$847K20x
ShortAevo SPY-PERP774.020.0104get 0.0013% / 1h31m 22s$87K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$11.26
Price spread: +0.072% → 0.000%
$7.22
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2.53
Costs to cover
0.210%
Break-even
8.6 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Aevo no order-book sample
Ondo Perps and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPY on 27 venues

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−0.0103%8h774.57+0.144%$413K$571K50xas long as short
Arcus SPY-USD−0.0016%1h773.69+0.030%$938K$1.4M50xas long as short
Bybit SPYUSDT0.0000%8h774.65+0.154%$6.3M$2.0M100xas long as short
Gate SPY_USDT0.0000%8h774.17+0.092%$776K$2.3M75xas long as short
SunX SPY-USDT0.0000%8h775.68+0.287%$2K$1.5M10xas long as short
HTX SPY-USDT0.0000%8h774.76+0.168%$308K$20K50xas long as short
Aster SPYUSDT+0.0003%8h774.54+0.140%$863K$204K20xas long as short
OKX SPY-USDT-SWAP+0.0005%8h774.61+0.149%$7.9M$3.3M50xas long as short
MEXC SPY_USDT+0.0017%8h774.58+0.145%$29.3M$11.6M100xas long as short
Binance SPYUSDT+0.0018%8h774.58+0.145%$28.5M$81.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPYUSDT+0.0031%8h774.60+0.147%$11.0M$2.3M50xas long as short
Lighter SPY+0.0032%1h774.33+0.112%$8.2M$21.6M50xas long as short
Lighter RH SPY+0.0032%1h774.75+0.167%$57.3M$113.7M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.28−0.023%$123K50xas long as short
Ondo Perps SPY-USD.Plong+0.0050%1h773.46long leg$4.8M$847K20x
GRVT SPY_USDT_Perp+0.0058%8h774.68+0.158%$168K$398K10xas long as short
Phoenix SPY+0.0062%1h773.91+0.058%$161K$296K20xas long as short
Coinbase International SPY-PERP-INTX+0.0064%1h774.00+0.070%$954K$554K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0073%1h774.22+0.098%$23K$55K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.95+0.063%$2.5M$949K20xas long as short
ApeX Omni SPYUSDT+0.0100%1h773.91+0.058%$159K$23K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.56+0.142%$1K20xas long as short
Nado SPY-PERP+0.0102%1h774.11+0.085%$1.5M$282K20xas long as short
Aevo SPY-PERPshort+0.0104%1h774.02+0.072%$87K10x
GMX SPY/USD [ETH-USDC]L +0.0208% / S −0.0429%1h774.59+0.145%$10K26xas long as short
RISEx SPY/USDC+0.0320%1h774.76+0.169%$6.9M$5.2M25xas long as short
edgeX SPYUSDC+0.0384%4h774.49+0.134%$640K$242K20xas long as short