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

SPY

RWAall SPY markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.0083%/8h
next payment, per $10,000−$0.83paid, last 24h−0.010%paid, last 3 days+0.163%to open and close $10k−$36
Long on BinanceShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPYUSDT767.170.0183pay 0.0183% / 8h2h 26m$33.6M$51.7M50x
ShortKuCoin SPYUSDTM766.700.0100get 0.0100% / 8h2h 26m$2.4M$1.2M20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$17.48
Slippage, 4 orders
−$13.68
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$53.16
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 7 min ago.

Price risk

price view
Price gap now
−0.061%
Avg gap 7d
−0.080%
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, 3 min ago0.06 bp5.1 bp −$55.3 bp −$539.9 bp −$99524.8 bp −$12.4K
Sell KuCoin live order book, 7 min ago5.09 bp11.7 bp −$1279.0 bp −$790doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC−0.0174%4h$639K$218K20xas 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$876K$693K75xas long as short
SunX SPY-USDT0.0000%8h$1K$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$57.3M$107.2M50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$248K20xas long as short
RISEx SPY/USDC+0.0062%1h$6.9M$5.2M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin SPY-USDT+0.0063%8h$447K$543K50xas long as short
Arcus SPY-USD+0.0083%1h$1.1M$716K50xas long as short
KuCoin SPYUSDTMshort+0.0100%8h$2.4M$1.2M20x
ApeX Omni SPYUSDT+0.0100%1h$154K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K—20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0102%1h$17K$49K20xas long as short
Nado SPY-PERP+0.0103%1h$1.5M$342K20xas long as short
Aevo SPY-PERP+0.0104%1h$86K—10xas long as short
OKX SPY-USDT-SWAP+0.0128%8h$8.4M$2.2M50xas long as short
MEXC SPY_USDT+0.0183%8h$19.7M$13.2M100xas long as short
Binance SPYUSDTlong+0.0183%8h$33.6M$51.7M50x
Aster SPYUSDT+0.0188%8h$858K$138K20xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$959K$549K20xas long as short
Lighter SPY+0.0240%1h$10.8M$13.0M50xas long as short
Bitget SPYUSDT+0.0244%8h$11.0M$2.3M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0307% / S −0.0724%1h$5K—26xas long as short