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

SPY

RWAall SPY markets
SwapPrice view
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Funding spread now, next payment 17:00 UTC−0.0154%/8h
paid, last 24h−0.013%paid, last 3 days−0.078%to open and close $10k−$29
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SPY-USD771.640.0154pay 0.0019% / 1h40m 11s$990K$1.1M50x
ShortGate SPY_USDT771.610get 0.0000% / 8h7h 40m$799K$1.5M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$32.39
Slippage, 4 orders
−$9.7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$61.59
Break-even
never at this rate
Slippage from Arcus: live order book, 5 min ago; Gate: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.004%
Avg gap 7d
+0.093%
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, 5 min ago0.06 bp2.9 bp −$34.7 bp −$478.7 bp −$868doesn't fit
Sell Gate live order book, 4 min ago3.11 bp12.1 bp −$1217.4 bp −$174doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0280%1h$160K$266K20xas long as short
Bybit SPYUSDT0.0000%8h$6.2M$1.9M100xas long as short
Gate SPY_USDTshort0.0000%8h$799K$1.5M75x
SunX SPY-USDT0.0000%8h$2K$1.5M10xas long as short
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
BloFin SPY-USDT+0.0001%8h$433K$688K50xas long as short
Lighter SPY+0.0032%1h$9.0M$19.8M50xas long as short
Lighter RH SPY+0.0032%1h$56.1M$121.2M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$84K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.8M$431K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado SPY-PERP+0.0081%1h$1.6M$365K20xas long as short
OKX SPY-USDT-SWAP+0.0084%8h$8.2M$2.8M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$155K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aevo SPY-PERP+0.0104%1h$87K10xas long as short
MEXC SPY_USDT+0.0121%8h$24.9M$9.3M100xas long as short
Binance SPYUSDT+0.0121%8h$31.7M$68.1M50xas long as short
Aster SPYUSDT+0.0137%8h$862K$220K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0139%1h$22K$71K20xas long as short
Coinbase International SPY-PERP-INTX+0.0152%1h$946K$586K20xas long as short
Arcus SPY-USDlong+0.0154%1h$990K$1.1M50x
Bitget SPYUSDT+0.0206%8h$11.1M$2.8M50xas long as short
RISEx SPY/USDC+0.0339%1h$6.9M$5.6M25xas long as short
edgeX SPYUSDC+0.0394%4h$643K$234K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0414% / S −0.3519%1h$24K53xas long as short