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

SPY

RWAall SPY markets
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Funding spread now, next payment 20:00 UTC+0.0224%/8h
paid, last 24h−0.160%paid, last 3 days−0.850%to open and close $10k−$29
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPYUSDT774.070get 0.0000% / 8h5h 21m$29.0M$82.7M50x
ShortedgeX SPYUSDC774.040.0224get 0.0112% / 4h1h 21m$640K$240K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$47.04
Slippage, 4 orders
−$10.34
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$17.7
Break-even
4.4 days
Slippage from Binance: live order book, 7 min ago; edgeX: live order book, 13 min ago.

Price risk

price view
Price gap now
−0.005%
Avg gap 7d
−0.009%
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, 7 min ago0.06 bp5.1 bp −$55.1 bp −$519.0 bp −$90126.7 bp −$13.4K
Sell edgeX live order book, 13 min ago5.10 bp9.6 bp −$1010.3 bp −$103doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0404%1h$161K$295K20xas long as short
Ondo Perps SPY-USD.P−0.0166%1h$4.7M$778K20xas long as short
BloFin SPY-USDT−0.0120%8h$430K$716K50xas long as short
Nado SPY-PERP−0.0035%1h$1.5M$268K20xas long as short
Binance SPYUSDTlong0.0000%8h$29.0M$82.7M50x
Bybit SPYUSDT0.0000%8h$6.2M$2.2M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h$8.1M$3.2M50xas long as short
RISEx SPY/USDC0.0000%1h$7.0M$5.7M25xas long as short
Gate SPY_USDT0.0000%8h$739K$2.0M75xas long as short
MEXC SPY_USDT0.0000%8h$29.2M$11.2M100xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX SPY-USDT0.0000%8h$2K$1.6M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h$22K$73K20xas long as short
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Aster SPYUSDT+0.0002%8h$864K$274K20xas long as short
Lighter SPY+0.0032%1h$9.0M$21.3M50xas long as short
Lighter RH SPY+0.0032%1h$57.0M$123.8M50xas long as short
Arcus SPY-USD+0.0040%1h$943K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$100K50xas long as short
Bitget SPYUSDT+0.0094%8h$10.9M$3.1M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$154K$32K50xas 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$932K$606K20xas long as short
edgeX SPYUSDCshort+0.0224%4h$640K$240K20x
GMX SPY/USD [ETH-USDC]L +0.0327% / S −0.2140%1h$24K53xas long as short