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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0100%/8h
paid, last 24h−0.030%paid, last 7 days−0.210%to open and close $10k−$61
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPYUSDT769.360.0100pay 0.0013% / 1h26m 32s$154K$31K50x
ShortBybit SPYUSDT769.920get 0.0000% / 8h1h 26m$6.2M$1.7M100x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$40.11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$82.11
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.073%
Avg gap 7d
−0.005%
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, 26 min ago2.54 bp28.8 bp −$2993.8 bp −$938doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.32 bp7.1 bp −$710.1 bp −$10119.2 bp −$1,923doesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0240%1h$176K$229K20xas long as short
Nado SPY-PERP−0.0006%1h$1.5M$360K20xas long as short
Bybit SPYUSDTshort0.0000%8h$6.2M$1.7M100x
Gate SPY_USDT0.0000%8h$813K$1.2M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.3M10xas long as short
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
Ondo Perps SPY-USD.P+0.0030%1h$4.8M$384K20xas long as short
BloFin SPY-USDT+0.0035%8h$443K$629K50xas long as short
Arcus SPY-USD+0.0040%1h$1.0M$957K50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH SPY+0.0064%1h$57.6M$112.3M50xas long as short
RISEx SPY/USDC+0.0079%1h$6.8M$5.4M25xas long as short
Lighter SPY+0.0096%1h$10.8M$14.2M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.4M$1.2M20xas long as short
ApeX Omni SPYUSDTlong+0.0100%1h$154K$31K50x
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
OKX SPY-USDT-SWAP+0.0102%8h$8.3M$2.5M50xas long as short
Aevo SPY-PERP+0.0104%1h$86K10xas long as short
Deribit SPY_USDC-PERPETUAL+0.0127%1h$18K$54K20xas long as short
Binance SPYUSDT+0.0155%8h$33.4M$58.4M50xas long as short
Aster SPYUSDT+0.0155%8h$860K$156K20xas long as short
MEXC SPY_USDT+0.0155%8h$19.9M$11.4M100xas long as short
edgeX SPYUSDC+0.0180%4h$641K$233K20xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$959K$554K20xas long as short
Bitget SPYUSDT+0.0242%8h$11.0M$2.6M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0429% / S −0.3519%1h$20K26xas long as short