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

SPY

RWAall SPY markets
SwapPrice view
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Funding spread now, next payment 15:00 UTC+0.0079%/8h
paid, last 24h+0.063%paid, last 3 days+0.084%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPYUSDT769.980get 0.0000% / 8h1h 20m$6.2M$1.7M100x
ShortRISEx SPY/USDC770.340.0079get 0.0010% / 1h20m 43s$6.8M$5.4M25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$16.55
Slippage, 4 orders
−$4.27
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$4.72
Break-even
9.0 days
Slippage from Bybit: live order book, 4 min ago; RISEx: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.047%
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 Bybit live order book, 4 min ago0.06 bp6.5 bp −$68.7 bp −$8718.0 bp −$1,799doesn't fit
Sell RISEx live order book, 5 min ago0.13 bp4.7 bp −$55.5 bp −$55doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0240%1h$168K$229K20xas long as short
Bybit SPYUSDTlong0.0000%8h$6.2M$1.7M100x
Gate SPY_USDT0.0000%8h$813K$1.2M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.3M10xas long as short
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
Nado SPY-PERP0.0000%1h$1.5M$360K20xas long as short
BloFin SPY-USDT+0.0033%8h$440K$630K50xas long as short
Arcus SPY-USD+0.0040%1h$1.0M$985K50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Ondo Perps SPY-USD.P+0.0048%1h$4.7M$390K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH SPY+0.0064%1h$57.6M$112.7M50xas long as short
RISEx SPY/USDCshort+0.0079%1h$6.8M$5.4M25x
Lighter SPY+0.0096%1h$10.8M$14.5M50xas 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
OKX SPY-USDT-SWAP+0.0102%8h$8.3M$2.5M50xas long as short
Aevo SPY-PERP+0.0104%1h$86K10xas long as short
Deribit SPY_USDC-PERPETUAL+0.0127%1h$18K$55K20xas long as short
MEXC SPY_USDT+0.0153%8h$19.9M$11.4M100xas long as short
Binance SPYUSDT+0.0153%8h$33.3M$58.9M50xas long as short
Aster SPYUSDT+0.0154%8h$861K$156K20xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$959K$553K20xas long as short
Bitget SPYUSDT+0.0241%8h$11.0M$2.6M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0428% / S −0.3519%1h$20K26xas long as short
edgeX SPYUSDC+0.0524%4h$641K$234K20xas long as short