SPY

Alert

Funding spread now, next payment 18:00 UTC−0.0058%/8h

next payment, per $10,000−$0.07paid, last 24h−0.017%paid, last 3 days−0.106%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SPY-PERP	772.70	0.0104	pay 0.0013% / 1h	10m 01s	$87K	—	10x
Short	Vest SPY-USD-PERP	772.50	0.0046	get 0.0006% / 1h	10m 01s	—	$84K	50x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee AevobpFee VestbpOrdersRate

Funding earned: −$12.25
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Vest: 1 bp × 2 orders: −$2
Net: −$30.25
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Vest: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.026%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Aevo and Vest: 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 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix SPY	−0.0290%	1h	$160K	$266K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0104%	1h	$4.7M	$779K	20x	as long as short
BloFin SPY-USDT	−0.0081%	8h	$431K	$705K	50x	as long as short
Nado SPY-PERP	−0.0005%	1h	$1.6M	$257K	20x	as long as short
Bybit SPYUSDT	0.0000%	8h	$6.3M	$2.1M	100x	as long as short
Gate SPY_USDT	0.0000%	8h	$738K	$1.9M	75x	as long as short
SunX SPY-USDT	0.0000%	8h	$2K	$1.6M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	$308K	$23K	50x	as long as short
OKX SPY-USDT-SWAP	+0.0025%	8h	$8.1M	$3.2M	50x	as long as short
Lighter SPY	+0.0032%	1h	$9.1M	$21.6M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH SPY	+0.0032%	1h	$57.1M	$125.2M	50x	as long as short
Binance SPYUSDT	+0.0038%	8h	$29.3M	$79.7M	50x	as long as short
MEXC SPY_USDT	+0.0038%	8h	$26.9M	$10.7M	100x	as long as short
Aster SPYUSDT	+0.0038%	8h	$861K	$273K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	$931K	$1.2M	50x	as long as short
Vest SPY-USD-PERPshort	+0.0046%	1h	—	$84K	50x
Deribit SPY_USDC-PERPETUAL	+0.0099%	1h	$22K	$73K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	$2.5M	$1.1M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	$155K	$31K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	$1K	—	20x	as long as short
Aevo SPY-PERPlong	+0.0104%	1h	$87K	—	10x
RISEx SPY/USDC	+0.0126%	1h	$7.1M	$5.8M	25x	as long as short
Coinbase International SPY-PERP-INTX	+0.0136%	1h	$931K	$610K	20x	as long as short
Bitget SPYUSDT	+0.0138%	8h	$10.8M	$3.1M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0370% / S −0.2805%	1h	$24K	—	53x	as long as short
edgeX SPYUSDC	+0.0995%	4h	$639K	$241K	20x	as long as short