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

SPY

RWAall SPY markets
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Funding spread now, next payment 00:00 UTC+0.0096%/8h
next payment, per $10,000+$0.96paid, last 24h+0.042%paid, last 3 days+0.042%to open and close $10k−$34
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPY_USDT772.260get 0.0000% / 8h6h 49m$738K$1.8M75x
ShortBinance SPYUSDT772.640.0096get 0.0096% / 8h6h 49m$31.3M$72.9M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$20.26
Slippage, 4 orders
−$9.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$13.84
Break-even
11.8 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 9 min ago.

Price risk

price view
Price gap now
+0.049%
Avg gap 7d
+0.031%
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 Gate live order book, 4 min ago1.10 bp14.8 bp −$1522.0 bp −$220doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.06 bp5.1 bp −$55.1 bp −$519.1 bp −$90826.6 bp −$13.3K

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0290%1h$160K$266K20xas long as short
BloFin SPY-USDT−0.0021%8h$431K$695K50xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.0M100xas long as short
Gate SPY_USDTlong0.0000%8h$738K$1.8M75x
SunX SPY-USDT0.0000%8h$2K$1.5M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h$22K$73K20xas long as short
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Lighter SPY+0.0032%1h$9.1M$20.9M50xas long as short
Lighter RH SPY+0.0032%1h$56.6M$120.7M50xas long as short
Arcus SPY-USD+0.0040%1h$950K$1.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Vest SPY-USD-PERP+0.0046%1h$84K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$518K20xas long as short
Nado SPY-PERP+0.0068%1h$1.6M$367K20xas long as short
OKX SPY-USDT-SWAP+0.0070%8h$8.1M$3.0M50xas long as short
Binance SPYUSDTshort+0.0096%8h$31.3M$72.9M50x
MEXC SPY_USDT+0.0097%8h$19.7M$9.7M100xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$155K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aster SPYUSDT+0.0103%8h$859K$221K20xas long as short
Aevo SPY-PERP+0.0104%1h$87K10xas long as short
RISEx SPY/USDC+0.0126%1h$6.9M$5.6M25xas long as short
Coinbase International SPY-PERP-INTX+0.0136%1h$938K$597K20xas long as short
Bitget SPYUSDT+0.0180%8h$10.9M$3.0M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0414% / S −0.3519%1h$24K53xas long as short
edgeX SPYUSDC+0.0464%4h$639K$240K20xas long as short