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

SPY

RWAall SPY markets
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Funding spread now, next payment 16:00 UTC+0.0026%/8h
next payment, per $10,000+$0.26paid, last 24h+0.002%paid, last 3 days+0.050%to open and close $10k−$20
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPYUSDT770.630.0146pay 0.0146% / 8h37m 42s$33.0M$60.8M50x
ShortAster SPYUSDT770.660.0172get 0.0172% / 8h37m 42s$864K$163K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.49
Slippage, 4 orders
−$1.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$14.38
Break-even
25.3 days
Slippage from Binance: live order book, 6 min ago; Aster: live order book, 12 min ago.

Price risk

price view
Price gap now
+0.004%
Avg gap 7d
+0.013%
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 Binance live order book, 6 min ago0.06 bp5.4 bp −$56.3 bp −$6310.1 bp −$1,00626.1 bp −$13.1K
Sell Aster live order book, 12 min ago0.65 bp4.8 bp −$54.9 bp −$49doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0375%1h$157K$264K20xas long as short
Bybit SPYUSDT0.0000%8h$6.2M$1.8M100xas long as short
Gate SPY_USDT0.0000%8h$814K$1.3M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.4M10xas long as short
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
edgeX SPYUSDC+0.0007%4h$642K$234K20xas long as short
Nado SPY-PERP+0.0015%1h$1.6M$368K20xas long as short
BloFin SPY-USDT+0.0026%8h$440K$666K50xas long as short
Lighter SPY+0.0032%1h$9.5M$18.1M50xas long as short
Lighter RH SPY+0.0032%1h$57.5M$116.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus SPY-USD+0.0040%1h$1.0M$1.0M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.8M$414K20xas long as short
OKX SPY-USDT-SWAP+0.0097%8h$8.2M$2.7M50xas long as short
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
Deribit SPY_USDC-PERPETUAL+0.0127%1h$18K$57K20xas long as short
MEXC SPY_USDT+0.0145%8h$23.4M$10.5M100xas long as short
Binance SPYUSDTlong+0.0146%8h$33.0M$60.8M50x
Aster SPYUSDTshort+0.0172%8h$864K$163K20x
Coinbase International SPY-PERP-INTX+0.0192%1h$953K$565K20xas long as short
Bitget SPYUSDT+0.0241%8h$11.1M$2.8M50xas long as short
RISEx SPY/USDC+0.0258%1h$6.9M$5.6M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0429% / S −0.3519%1h$20K53xas long as short