data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

SPY

RWAall SPY markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 19:00 UTC−0.0060%/8h
next payment, per $10,000−$0.07paid, last 24h−0.016%paid, last 3 days−0.129%to open and close $10k−$51
Long on ApeX OmniShort on Arcus
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPYUSDT774.000.0100pay 0.0013% / 1h17m 28s$154K$32K50x
ShortArcus SPY-USD773.750.0040get 0.0005% / 1h17m 28s$950K$1.3M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$12.54
Slippage, 4 orders
−$36.52
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$63.56
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 15 min ago; Arcus: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.032%
Avg gap 7d
−0.057%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 15 min ago2.45 bp24.1 bp −$24103.7 bp −$1,037doesn't fitdoesn't fit
Sell Arcus live order book, 3 min ago0.06 bp4.7 bp −$55.1 bp −$5110.2 bp −$1,017doesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0404%1h$161K$295K20xas long as short
Ondo Perps SPY-USD.P−0.0166%1h$4.7M$778K20xas long as short
BloFin SPY-USDT−0.0120%8h$430K$716K50xas long as short
Nado SPY-PERP−0.0025%1h$1.6M$270K20xas long as short
Aster SPYUSDT0.0000%8h$864K$274K20xas long as short
Binance SPYUSDT0.0000%8h$29.0M$82.9M50xas long as short
Bybit SPYUSDT0.0000%8h$6.2M$2.2M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h$8.1M$3.3M50xas long as short
RISEx SPY/USDC0.0000%1h$7.0M$5.7M25xas long as short
Gate SPY_USDT0.0000%8h$739K$2.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC SPY_USDT0.0000%8h$18.9M$11.6M100xas long as short
SunX SPY-USDT0.0000%8h$2K$1.6M10xas long as short
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0021%1h$22K$74K20xas long as short
Lighter SPY+0.0032%1h$9.0M$21.3M50xas long as short
Lighter RH SPY+0.0032%1h$57.1M$124.0M50xas long as short
Arcus SPY-USDshort+0.0040%1h$950K$1.3M50x
Vest SPY-USD-PERP+0.0046%1h—$100K50xas long as short
Bitget SPYUSDT+0.0089%8h$10.9M$3.1M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDTlong+0.0100%1h$154K$32K50x
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K—20xas long as short
Aevo SPY-PERP+0.0104%1h$87K—10xas long as short
Coinbase International SPY-PERP-INTX+0.0104%1h$934K$614K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0327% / S −0.2140%1h$24K—53xas long as short
edgeX SPYUSDC+0.0978%4h$640K$240K20xas long as short