SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.045%

Price spread now: HTX against RISEx+0.034%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.287% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.034%, 7d avg +0.047%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPY/USDC	774.05	0.0114	pay 0.0014% / 1h	57m 03s	$7.2M	$3.5M	25x
Short	HTX SPY-USDT	774.31	0	get 0.0000% / 8h	6h 57m	$300K	$38K	50x

Funding history

latest

Range statsloading…

HTX against RISEx. 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 RISExbpFee HTXbpOrdersPrice spread, now +0.034%Rate

Slippage from RISEx: live order book, 2 min ago; HTX: live order book, 35 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 2 min ago	0.06 bp	3.5 bp −$4	4.4 bp −$44	doesn't fit	doesn't fit
Sell HTX live order book, 35 min ago	2.46 bp	13.7 bp −$14	14.5 bp −$145	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
BloFin SPY-USDT	−0.0120%	8h	774.10	+0.007%	$414K	$411K	50x	as long as short
Nado SPY-PERP	−0.0049%	1h	773.68	−0.048%	$1.5M	$251K	20x	as long as short
Phoenix SPY	−0.0031%	1h	773.63	−0.054%	$158K	$150K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	773.86	−0.024%	$862K	$199K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.20	+0.019%	$28.6M	$76.3M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.01	−0.005%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.19	+0.019%	$7.8M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.76	−0.037%	$792K	$2.4M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.08	+0.004%	$19.1M	$12.1M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.39	+0.044%	$11.0M	$1.5M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPY-USDT	0.0000%	8h	775.17	+0.145%	$2K	$1.3M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.78	−0.034%	$23K	$56K	20x	as long as short
HTX SPY-USDTshort	0.0000%	8h	774.31	+0.034%	$300K	$38K	50x
Lighter SPY	+0.0032%	1h	774.01	−0.005%	$7.9M	$17.1M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.30	+0.033%	$56.8M	$115.1M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.12	−0.120%	$968K	$1.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.99	−0.136%	—	$85K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.14	−0.117%	$4.8M	$850K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0064%	1h	772.60	−0.187%	$951K	$505K	20x	as long as short
GRVT SPY_USDT_Perp	+0.0097%	8h	774.16	+0.015%	$161K	$341K	10x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.46	−0.076%	$2.5M	$1.0M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.09	−0.124%	$164K	$24K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.95	−0.012%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.38	−0.086%	$87K	—	10x	as long as short
RISEx SPY/USDClong	+0.0114%	1h	774.05	long leg	$7.2M	$3.5M	25x
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.25	+0.026%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0472%	4h	774.04	−0.001%	$640K	$242K	20x	as long as short