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

SPY

RWAall SPY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against SunX−0.133%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2472.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 2 days (all we have)−0.013%−$1 · spread now −0.133%, 7d avg −0.151%
Together, before fees−0.173%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPY-USDT775.160get 0.0000% / 8h1h 29m$2K$1.6M10x
ShortBinance SPYUSDT774.130get 0.0000% / 8h1h 29m$28.2M$83.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$0
Price spread: −0.133% → −0.151%
$1.74
Slippage, 4 orders
−$228.57
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$244.83
Costs to cover
2.466%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago29.09 bp107.6 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.06 bp5.1 bp −$55.4 bp −$5411.3 bp −$1,13134.9 bp −$17.5K

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−0.0120%8h774.06−0.142%$413K$704K50xas long as short
Arcus SPY-USD−0.0112%1h773.20−0.253%$945K$1.4M50xas long as short
Phoenix SPY−0.0041%1h773.50−0.214%$161K$296K20xas long as short
Aster SPYUSDT0.0000%8h774.08−0.140%$862K$269K20xas long as short
Binance SPYUSDTshort0.0000%8h774.13−0.133%$28.2M$83.8M50x
Bybit SPYUSDT0.0000%8h774.25−0.117%$6.2M$2.1M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.19−0.125%$7.9M$3.4M50xas long as short
Gate SPY_USDT0.0000%8h773.65−0.195%$746K$2.2M75xas long as short
MEXC SPY_USDT0.0000%8h774.16−0.129%$26.0M$12.3M100xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.15−0.130%$157K$430K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPY-USDTlong0.0000%8h775.16long leg$2K$1.6M10x
Deribit SPY_USDC-PERPETUAL0.0000%1h774.01−0.148%$23K$75K20xas long as short
HTX SPY-USDT0.0000%8h774.09−0.138%$308K$20K50xas long as short
Bitget SPYUSDT+0.0029%8h774.24−0.119%$10.8M$2.9M50xas long as short
Lighter SPY+0.0032%1h774.04−0.144%$8.6M$22.3M50xas long as short
Lighter RH SPY+0.0032%1h774.53−0.081%$56.8M$121.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.11−0.264%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.40−0.227%$4.8M$920K20xas long as short
Nado SPY-PERP+0.0060%1h773.88−0.165%$1.5M$309K20xas long as short
Coinbase International SPY-PERP-INTX+0.0064%1h773.56−0.206%$955K$638K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.64−0.196%$2.5M$982K20xas long as short
ApeX Omni SPYUSDT+0.0100%1h773.76−0.181%$154K$20K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.09−0.138%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.57−0.205%$87K10xas long as short
RISEx SPY/USDC+0.0204%1h774.32−0.109%$6.9M$5.4M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0208% / S −0.0429%1h774.10−0.137%$10K26xas long as short
edgeX SPYUSDC+0.0476%4h773.96−0.155%$639K$241K20xas long as short