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

SPY

RWAall SPY markets
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Funding spread now, next payment 14:00 UTC+0.0099%/8h
paid, last 24h+0.017%paid, last 3 days−0.047%to open and close $10k−$23
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SPY-USD766.300.0083pay 0.0010% / 1h29m 56s$1.1M$714K50x
ShortBinance SPYUSDT767.100.0182get 0.0182% / 8h2h 29m$33.8M$50.8M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$20.83
Slippage, 4 orders
−$8.35
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$2.01
Break-even
7.7 days
Slippage from Arcus: live order book, just now; Binance: live order book, 14 min ago.

Price risk

price view
Price gap now
+0.104%
Avg gap 7d
+0.074%
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 Arcus live order book, just now0.06 bp4.8 bp −$516.6 bp −$166doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.06 bp5.1 bp −$55.1 bp −$519.5 bp −$94724.9 bp −$12.5K

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC−0.0611%4h$639K$217K20xas long as short
Phoenix SPY−0.0084%1h$191K$229K20xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$1.5M100xas long as short
Gate SPY_USDT0.0000%8h$880K$673K75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.2M10xas long as short
HTX SPY-USDT0.0000%8h$306K$23K50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Lighter RH SPY+0.0048%1h$57.2M$106.8M50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$247K20xas long as short
BloFin SPY-USDT+0.0061%8h$447K$543K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
RISEx SPY/USDC+0.0062%1h$6.9M$5.2M25xas long as short
Arcus SPY-USDlong+0.0083%1h$1.1M$714K50x
KuCoin SPYUSDTM+0.0100%8h$2.4M$1.2M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$154K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aevo SPY-PERP+0.0104%1h$86K10xas long as short
Nado SPY-PERP+0.0109%1h$1.5M$342K20xas long as short
OKX SPY-USDT-SWAP+0.0125%8h$8.4M$2.1M50xas long as short
MEXC SPY_USDT+0.0181%8h$19.7M$13.2M100xas long as short
Binance SPYUSDTshort+0.0182%8h$33.8M$50.8M50x
Aster SPYUSDT+0.0187%8h$858K$143K20xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$959K$549K20xas long as short
Bitget SPYUSDT+0.0240%8h$11.1M$2.3M50xas long as short
Lighter SPY+0.0248%1h$10.8M$13.0M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0259%1h$18K$49K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0307% / S −0.0724%1h$5K26xas long as short