SPY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ReyaSPYRUSDPERP	762.56	−0.0038	get 0.0005% / 1h	54m 42s	$88K	$93K	25x	Long Reya
SHORT	RISExSPY/USDC	764.35	+0.0161	get 0.0020% / 1h	54m 42s	$11.0M	$4.7M	25x	Short RISExInvite

Price gap+0.235%

Funding gap+0.0199% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.235% above zero (no 7-day history yet): +$23 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$46+0.0199% /8h now · paid +0.461% over the last 7D

Price—spread +0.235% now · no price history on both exchanges yet

Costsno datano order book for Reya

Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.235%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPY on 33 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for Reya: its slippage is not counted.
Note: Margin at max leverage$400 + $400
Reya 25x, RISEx 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$5.98Long Reya: 24 payments, +$1.14; short RISEx: 24 payments, +$4.84.
Note: No 7-day spread history+0.235%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$88K vs $11.0M OI
Reya sets your exit cost. Check its book before closing.
OK: Points on a legReya points
Volume here counts toward the points program.
OK: No KYC on either legReya No · RISEx No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0220%/8h × 21 periods+$46.15

Price spread+0.235% → 0+$23.47

Slippage, 4 ordersno data for Reya—

Fee Reya bp × 2 orders−$6.00

Fee RISEx bp × 2 orders−$6.00

Net, fees only · 7 days · $10k+$57.62

Costs to cover0.120%Break-evenfrom the start

Slippage: Reya: no order-book sample; RISEx: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGReya—————

SELL · SHORTRISEx0.063.2 bp−$33.6 bp−$36doesn’t fitdoesn’t fit

Closing costs about the same again.
Reya: no data.

SPY news

posts that mention SPY or SPDR S&P 500 ETF, from every exchangeSearch all news →

10-20 15:24	Orderly	Other	Perp Anything go brrrrrrrr 🖨️ The $SPY Perp Anything market on Orderly just did $48M trading volume in 24 hours. Its creator earned $2,425.79 in fees. At that pace, that's $72,774 in 30 days. From ONE market. See an opportunity? Perp it. @OrderlyNetwork on X ↗
10-14 13:01	Reya	Listing	SPY and QQQ perps are live on Reya. First we launched the Mag7. Now the bigger picture. Up to 25x leverage on both index perps. @reya_xyz on X ↗
10-12 13:49	Reya	Listing	new market SPYRUSDPERP ($SPY) seen by our collector
10-05 12:38	RISEx	Listing	September has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗
09-28 18:50	Aevo	Other	bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-23 18:00	Vest Markets	Other	The Nasdaq is giving back part of its record run, with $QQQ down around 0.8% and $SPY down around 0.6% on the session. The 10-year yield is at 5.12%, its highest since 2007, with S&P Global's flash composite PMI at 58.4 from 56, the strongest since July 2021. Trade $QQQ and $SPY volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗

SPY