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

SPY

RWAall SPY markets
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Funding spread now, next payment 00:00 UTC−0.0092%/8h
next payment, per $10,000$0.92paid, last 24h+0.021%paid, last 7 days+0.043%to open and close $10k−$13
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPYUSDT773.080.0157pay 0.0157% / 8h6h 30m$10.9M$3.0M50x
ShortMEXC SPY_USDT772.930.0065get 0.0065% / 8h6h 30m$20.2M$9.8M100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$19.32
Slippage, 4 orders
−$1.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$32.75
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.019%
Avg gap 7d
−0.005%
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 Bitget live order book, 5 min ago0.06 bp6.6 bp −$79.9 bp −$9914.4 bp −$1,43620.3 bp −$10.1K
Sell MEXC live order book, 5 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$111.1 bp −$549

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0290%1h$160K$266K20xas long as short
BloFin SPY-USDT−0.0055%8h$432K$704K50xas long as short
Ondo Perps SPY-USD.P−0.0007%1h$4.7M$724K20xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.1M100xas long as short
Gate SPY_USDT0.0000%8h$737K$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
edgeX SPYUSDC+0.0001%4h$639K$241K20xas long as short
Nado SPY-PERP+0.0011%1h$1.6M$255K20xas long as short
Lighter SPY+0.0032%1h$9.0M$21.4M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH SPY+0.0032%1h$56.9M$122.6M50xas long as short
Arcus SPY-USD+0.0040%1h$936K$1.2M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$84K50xas long as short
OKX SPY-USDT-SWAP+0.0047%8h$8.1M$3.1M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0061%1h$22K$73K20xas long as short
Binance SPYUSDT+0.0064%8h$29.9M$77.3M50xas long as short
MEXC SPY_USDTshort+0.0065%8h$20.2M$9.8M100x
Aster SPYUSDT+0.0067%8h$859K$221K20xas 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
RISEx SPY/USDC+0.0126%1h$7.0M$5.7M25xas long as short
Coinbase International SPY-PERP-INTX+0.0136%1h$932K$609K20xas long as short
Bitget SPYUSDTlong+0.0157%8h$10.9M$3.0M50x
GMX SPY/USD [ETH-USDC]L +0.0369% / S −0.2805%1h$24K53xas long as short