Funding spread now, next payment 18:00 UTC−0.0027%/8h
paid, last 24h+0.041%paid, last 7 days+0.041%to open and close $10k−$26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPY-PERP-INTX | 774.43 | 0.0104 | pay 0.0013% / 1h | 1m 33s | $933K | $617K | 20x |
| Short | Bitget SPYUSDT | 774.81 | 0.0077 | get 0.0077% / 8h | 5h 01m | $10.8M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$5.67
- Slippage, 4 orders
- −$4.44
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$32.11
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 38 min ago; Bitget: live order book, 3 min ago.
Price risk
price view- Price gap now
- +0.049%
- Avg gap 7d
- +0.085%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 38 min ago | 0.06 bp | 7.3 bp −$7 | 9.4 bp −$94 | 30.3 bp −$3,032 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.26 bp | 7.0 bp −$7 | 8.5 bp −$85 | 17.7 bp −$1,775 | doesn't fit |
SPY on 26 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0404% | 1h | $161K | $295K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | $430K | $717K | 50x | as long as short |
| Ondo Perps SPY-USD.P | −0.0119% | 1h | $4.8M | $865K | 20x | as long as short |
| Nado SPY-PERP | −0.0027% | 1h | $1.6M | $277K | 20x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | $865K | $274K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | $29.0M | $83.9M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | $8.0M | $3.5M | 50x | as long as short |
| RISEx SPY/USDC | 0.0000% | 1h | $6.9M | $5.7M | 25x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | $739K | $2.0M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| MEXC SPY_USDT | 0.0000% | 8h | $22.6M | $12.3M | 100x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | $2K | $1.6M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | $22K | $74K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | $309K | $20K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | $9.0M | $21.6M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | $57.3M | $125.8M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | $955K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | — | $100K | 50x | as long as short |
| Bitget SPYUSDTshort | +0.0077% | 8h | $10.8M | $3.1M | 50x | |
| KuCoin SPYUSDTM | +0.0100% | 8h | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | $154K | $32K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Coinbase International SPY-PERP-INTXlong | +0.0104% | 1h | $933K | $617K | 20x | |
| GMX SPY/USD [ETH-USDC] | L +0.0327% / S −0.1264% | 1h | $25K | — | 53x | as long as short |
| edgeX SPYUSDC | +0.0791% | 4h | $640K | $240K | 20x | as long as short |
Coinbase International SPY-PERP-INTX
Bitget SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
RISEx SPY/USDC
Gate SPY_USDT
MEXC SPY_USDT
SunX SPY-USDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
GMX SPY/USD [ETH-USDC]