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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC+0.0046%/8h
paid, last 24h+0.014%paid, last 3 days+0.038%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPYUSDT767.020get 0.0000% / 8h2h 27m$6.3M$1.5M100x
ShortVest SPY-USD-PERP766.400.0046get 0.0006% / 1h27m 20s$61K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$9.59
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
−$3.41
Break-even
9.5 days
Slippage unknown: Bybit: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.081%
Avg gap 7d
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, 2 min ago0.39 bp7.0 bp −$77.6 bp −$7626.6 bp −$2,662doesn't fit
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC−0.0174%4h$639K$218K20xas long as short
Phoenix SPY−0.0084%1h$191K$229K20xas long as short
Bybit SPYUSDTlong0.0000%8h$6.3M$1.5M100x
Gate SPY_USDT0.0000%8h$876K$687K75xas 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-PERPshort+0.0046%1h$61K50x
Lighter RH SPY+0.0048%1h$57.2M$107.1M50xas 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-USDT+0.0062%8h$447K$543K50xas long as short
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+0.0128%8h$8.4M$2.2M50xas long as short
MEXC SPY_USDT+0.0182%8h$19.7M$13.2M100xas long as short
Binance SPYUSDT+0.0183%8h$33.6M$51.4M50xas long as short
Aster SPYUSDT+0.0188%8h$858K$138K20xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$959K$549K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0220%1h$17K$49K20xas long as short
Lighter SPY+0.0240%1h$10.8M$13.0M50xas long as short
Bitget SPYUSDT+0.0243%8h$11.1M$2.3M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0307% / S −0.0724%1h$5K26xas long as short