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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0007%/8h
next payment, per $10,000$0.07paid, last 24h−0.003%paid, last 3 days−0.044%to open and close $10k−$19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPYUSDT773.380.0030pay 0.0030% / 8h5h 53m$861K$273K20x
ShortBinance SPYUSDT773.550.0023get 0.0023% / 8h5h 53m$29.2M$80.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$1.42
Slippage, 4 orders
−$1.03
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.45
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; Binance: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.022%
Avg gap 7d
−0.011%
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 Aster live order book, 45 min ago0.06 bp4.8 bp −$59.7 bp −$97doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.06 bp5.1 bp −$55.1 bp −$519.9 bp −$99026.4 bp −$13.2K

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0404%1h$160K$295K20xas long as short
Ondo Perps SPY-USD.P−0.0164%1h$4.7M$779K20xas long as short
BloFin SPY-USDT−0.0096%8h$431K$706K50xas long as short
Nado SPY-PERP−0.0048%1h$1.6M$258K20xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.1M100xas long as short
RISEx SPY/USDC0.0000%1h$7.0M$5.7M25xas long as short
Gate SPY_USDT0.0000%8h$738K$1.9M75xas 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+0.0009%1h$22K$73K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX SPY-USDT-SWAP+0.0012%8h$8.1M$3.2M50xas long as short
Binance SPYUSDTshort+0.0023%8h$29.2M$80.4M50x
MEXC SPY_USDT+0.0024%8h$27.0M$9.2M100xas long as short
Aster SPYUSDTlong+0.0030%8h$861K$273K20x
Lighter SPY+0.0032%1h$9.0M$21.0M50xas long as short
Lighter RH SPY+0.0032%1h$57.1M$121.4M50xas long as short
Arcus SPY-USD+0.0040%1h$934K$1.2M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$84K50xas 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
Coinbase International SPY-PERP-INTX+0.0104%1h$931K$603K20xas long as short
Bitget SPYUSDT+0.0124%8h$10.8M$3.1M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0327% / S −0.2140%1h$24K53xas long as short
edgeX SPYUSDC+0.0575%4h$639K$239K20xas long as short