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

SPY

RWAall SPY markets
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Funding spread now, next payment 16:00 UTC+0.0121%/8h
next payment, per $10,000+$1.21paid, last 24h+0.036%paid, last 3 days+0.239%to open and close $10k−$23
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SPY-USDT767.320.0062pay 0.0062% / 8h2h 27m$447K$543K50x
ShortBinance SPYUSDT766.870.0183get 0.0183% / 8h2h 27m$33.6M$51.4M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$25.35
Slippage, 4 orders
−$0.52
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$2.83
Break-even
6.2 days
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 16 min ago.

Price risk

price view
Price gap now
−0.059%
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 BloFin live order book, 30 min ago0.20 bp6.2 bp −$66.2 bp −$628.5 bp −$85216.3 bp −$8,141
Sell Binance live order book, 16 min ago0.06 bp5.1 bp −$55.1 bp −$519.5 bp −$94724.9 bp −$12.5K

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC−0.0611%4h$639K$217K20xas 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$682K75xas long as short
SunX SPY-USDT0.0000%8h$2K$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$107.0M50xas 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-USDTlong+0.0062%8h$447K$543K50x
Arcus SPY-USD+0.0083%1h$1.1M$716K50xas 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
Nado SPY-PERP+0.0107%1h$1.5M$342K20xas long as short
OKX SPY-USDT-SWAP+0.0127%8h$8.4M$2.2M50xas long as short
MEXC SPY_USDT+0.0182%8h$19.7M$13.2M100xas long as short
Binance SPYUSDTshort+0.0183%8h$33.6M$51.4M50x
Aster SPYUSDT+0.0188%8h$858K$143K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0207%1h$17K$49K20xas 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+0.0242%8h$11.0M$2.3M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0307% / S −0.0724%1h$5K26xas long as short