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

SPY

RWAall SPY markets
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Funding spread now, next payment 16:00 UTC+0.0153%/8h
next payment, per $10,000+$1.53paid, last 24h+0.030%paid, last 7 days+0.090%to open and close $10k−$14
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPYUSDT767.340get 0.0000% / 8h3h 29m$6.4M$1.4M100x
ShortMEXC SPY_USDT767.410.0153get 0.0153% / 8h3h 29m$19.7M$14.4M100x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$32.13
Slippage, 4 orders
−$2.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
$18.62
Break-even
2.9 days
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.009%
Avg gap 7d
+0.020%
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 Bybit live order book, 5 min ago0.06 bp6.7 bp −$78.5 bp −$8518.1 bp −$1,811doesn't fit
Sell MEXC live order book, 1 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$61.3 bp −$638

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC−0.0813%4h$639K$217K20xas long as short
Phoenix SPY−0.0240%1h$191K$229K20xas long as short
Bybit SPYUSDTlong0.0000%8h$6.4M$1.4M100x
Gate SPY_USDT0.0000%8h$874K$608K75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.1M10xas long as short
HTX SPY-USDT0.0000%8h$306K$23K50xas long as short
BloFin SPY-USDT+0.0034%8h$446K$519K50xas long as short
Arcus SPY-USD+0.0040%1h$1.1M$735K50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$245K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH SPY+0.0056%1h$58.4M$104.1M50xas long as short
OKX SPY-USDT-SWAP+0.0081%8h$8.3M$2.1M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.4M$1.3M20xas 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+0.0127%1h$1.5M$349K20xas long as short
Coinbase International SPY-PERP-INTX+0.0152%1h$964K$538K20xas long as short
MEXC SPY_USDTshort+0.0153%8h$19.7M$14.4M100x
Binance SPYUSDT+0.0154%8h$34.1M$49.2M50xas long as short
Bitget SPYUSDT+0.0164%8h$11.1M$2.3M50xas long as short
Aster SPYUSDT+0.0177%8h$864K$138K20xas long as short
RISEx SPY/USDC+0.0211%1h$6.9M$4.7M25xas long as short
Deribit SPY_USDC-PERPETUAL+0.0259%1h$17K$46K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0307% / S −0.0724%1h$5K26xas long as short
Lighter SPY+0.0344%1h$10.9M$12.9M50xas long as short