SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.160%7-day average +0.164% · you sell dearer than you buy

Net, funding: paid 7d − costs−$251as in the Funding arb table

Net, price: spread back to 7d avg − costs−$251as in the Price arb table

costs, in and out, $10k−$2512.508% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.160%, 7d avg +0.164%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPYUSDT	773.67	0	get 0.0000% / 8h	6m 57s	$6.2M	$1.6M	100x
Short	SunX SPY-USDT	774.91	0	get 0.0000% / 8h	6m 57s	$2K	$1.3M	10x

Funding history

latest

Range statsloading…

SunX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now +0.160%Rate

Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 7 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	0.26 bp	7.1 bp −$7	11.1 bp −$111	57.3 bp −$5,725	doesn't fit
Sell SunX live order book, 7 min ago	29.09 bp	129.0 bp −$129	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SPY	−0.0155%	1h	773.28	−0.050%	$158K	$254K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	773.83	+0.021%	$418K	$444K	50x	as long as short
ApeX Omni SPYUSDT	−0.0025%	1h	773.36	−0.040%	$164K	$25K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	773.83	+0.021%	$863K	$193K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	773.81	+0.018%	$28.6M	$75.5M	50x	as long as short
Bybit SPYUSDTlong	0.0000%	8h	773.67	long leg	$6.2M	$1.6M	100x
OKX SPY-USDT-SWAP	0.0000%	8h	773.74	+0.009%	$7.9M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.29	−0.049%	$770K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.80	+0.017%	$29.7M	$11.8M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	773.93	+0.034%	$10.9M	$1.6M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.10	+0.056%	$169K	$341K	10x	as long as short
SunX SPY-USDTshort	0.0000%	8h	774.91	+0.160%	$2K	$1.3M	10x
HTX SPY-USDT	0.0000%	8h	774.16	+0.063%	$300K	$38K	50x	as long as short
RISEx SPY/USDC	+0.0014%	1h	774.00	+0.043%	$7.1M	$4.0M	25x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0022%	1h	773.53	−0.018%	$23K	$54K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0024%	1h	773.80	+0.017%	$951K	$509K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	773.98	+0.040%	$56.5M	$121.2M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.31	−0.047%	$923K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.69	−0.127%	—	$123K	50x	as long as short
Nado SPY-PERP	+0.0049%	1h	773.36	−0.040%	$1.6M	$247K	20x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.10	−0.074%	$4.8M	$865K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.25	−0.054%	$2.5M	$997K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.85	+0.023%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.29	−0.049%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	773.84	+0.022%	$7.9M	$18.0M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	773.82	+0.019%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0299%	4h	773.83	+0.021%	$639K	$242K	20x	as long as short