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 +0.026%

Price spread now: Bitget against SunX−0.120%60s7-day average −0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$247as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2512.505% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now −0.120%, 7d avg −0.132%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPY-USDT	775.35	0	get 0.0000% / 8h	6h 24m	$2K	$1.5M	10x
Short	Bitget SPYUSDT	774.42	0	get 0.0000% / 8h	6h 24m	$10.9M	$2.1M	50x

Funding history

latest

Range statsloading…

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.120%Rate

Slippage from SunX: live order book, 10 min ago; Bitget: live order book, 4 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 10 min ago	29.08 bp	107.6 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.06 bp	7.2 bp −$7	9.6 bp −$96	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	774.25	−0.142%	$6.3M	$2.0M	100x	as long as short
Gate SPY_USDT	0.0000%	8h	773.83	−0.196%	$780K	$2.3M	75x	as long as short
Bitget SPYUSDTshort	0.0000%	8h	774.42	−0.120%	$10.9M	$2.1M	50x
SunX SPY-USDTlong	0.0000%	8h	775.35	long leg	$2K	$1.5M	10x
HTX SPY-USDT	0.0000%	8h	774.29	−0.137%	$308K	$20K	50x	as long as short
OKX SPY-USDT-SWAP	+0.0001%	8h	774.20	−0.148%	$7.9M	$3.3M	50x	as long as short
GRVT SPY_USDT_Perp	+0.0002%	8h	774.37	−0.126%	$162K	$379K	10x	as long as short
Aster SPYUSDT	+0.0009%	8h	774.33	−0.132%	$863K	$204K	20x	as long as short
Binance SPYUSDT	+0.0019%	8h	774.29	−0.137%	$28.3M	$80.3M	50x	as long as short
MEXC SPY_USDT	+0.0019%	8h	774.29	−0.137%	$20.3M	$11.8M	100x	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	774.28	−0.138%	$8.3M	$21.4M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.32	−0.262%	$935K	$1.4M	50x	as long as short
Phoenix SPY	+0.0041%	1h	773.93	−0.183%	$161K	$296K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.18	−0.280%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.32	−0.262%	$4.8M	$842K	20x	as long as short
Lighter RH SPY	+0.0056%	1h	774.75	−0.077%	$57.0M	$113.7M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0088%	1h	774.14	−0.156%	$955K	$555K	20x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0099%	1h	774.04	−0.169%	$23K	$55K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.63	−0.222%	$2.5M	$938K	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.72	−0.210%	$159K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.12	−0.159%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.69	−0.214%	$87K	—	10x	as long as short
Nado SPY-PERP	+0.0116%	1h	774.01	−0.173%	$1.5M	$288K	20x	as long as short
RISEx SPY/USDC	+0.0190%	1h	774.41	−0.121%	$7.0M	$5.2M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.28	−0.137%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0636%	4h	774.03	−0.171%	$640K	$241K	20x	as long as short