Settings8H · net · $10k
Funding arb · Price arb /

SPY

RWAall SPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Gate−0.013%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPY_USDT773.850get 0.0000% / 8h5h 27m$780K$2.4M75x
ShortAevo SPY-PERP773.750.0104get 0.0013% / 1h27m 20s$87K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$21.84
Price spread: −0.013% → 0.000%
−$1.31
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.47
Costs to cover
0.310%
Break-even
10.4 days
Slippage unknown: Gate: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago3.04 bp11.4 bp −$1115.6 bp −$156doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPY-USDT−0.0108%8h774.38+0.068%$418K$468K50xas long as short
ApeX Omni SPYUSDT−0.0079%1h773.19−0.085%$162K$24K50xas long as short
Phoenix SPY−0.0021%1h774.06+0.027%$161K$295K20xas long as short
Bybit SPYUSDT0.0000%8h774.37+0.067%$6.3M$2.0M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.41+0.072%$7.9M$3.3M50xas long as short
Gate SPY_USDTlong0.0000%8h773.85long leg$780K$2.4M75x
Bitget SPYUSDT0.0000%8h774.53+0.088%$10.9M$1.9M50xas long as short
GRVT SPY_USDT_Perp0.0000%8h774.43+0.075%$162K$375K10xas long as short
SunX SPY-USDT0.0000%8h775.48+0.211%$2K$1.4M10xas long as short
HTX SPY-USDT0.0000%8h774.69+0.109%$308K$20K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SPYUSDT+0.0006%8h774.43+0.076%$863K$203K20xas long as short
MEXC SPY_USDT+0.0011%8h774.37+0.067%$23.3M$11.9M100xas long as short
Binance SPYUSDT+0.0012%8h774.37+0.067%$28.3M$79.7M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0021%1h773.98+0.017%$23K$55K20xas long as short
Arcus SPY-USD+0.0040%1h773.52−0.043%$932K$1.4M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.08−0.100%$123K50xas long as short
Nado SPY-PERP+0.0046%1h773.91+0.007%$1.5M$292K20xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.58−0.035%$4.8M$842K20xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h774.05+0.026%$954K$552K20xas long as short
Lighter SPY+0.0064%1h774.27+0.054%$8.3M$21.0M50xas long as short
Lighter RH SPY+0.0096%1h774.63+0.101%$56.4M$114.5M50xas long as short
RISEx SPY/USDC+0.0097%1h774.50+0.084%$6.9M$5.0M25xas long as short
KuCoin SPYUSDTM+0.0100%8h773.77−0.010%$2.5M$977K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.26+0.053%$1K20xas long as short
Aevo SPY-PERPshort+0.0104%1h773.75−0.013%$87K10x
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.38+0.068%$10K26xas long as short
edgeX SPYUSDC+0.0727%4h774.31+0.059%$640K$243K20xas long as short