Funding spread now, next payment 00:00 UTC−0.0100%/8h
next payment, per $10,000−$1.00paid, last 24h−0.025%paid, last 7 days−0.193%to open and close $10k−$45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPYUSDTM | 772.17 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $2.5M | $1.1M | 20x |
| Short | Bybit SPYUSDT | 772.69 | 0 | get 0.0000% / 8h | 7h 09m | $6.3M | $2.0M | 100x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$21
- Slippage, 4 orders
- −$21.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$65.87
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 5 min ago.
Price risk
price view- Price gap now
- +0.067%
- Avg gap 7d
- +0.041%
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 KuCoin live order book, 3 min ago | 2.91 bp | 21.3 bp −$21 | 115.7 bp −$1,157 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.06 bp | 6.3 bp −$6 | 9.2 bp −$92 | 16.2 bp −$1,618 | doesn't fit |
SPY on 26 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0280% | 1h | $160K | $266K | 20x | as long as short |
| BloFin SPY-USDT | −0.0011% | 8h | $432K | $695K | 50x | as long as short |
| Bybit SPYUSDTshort | 0.0000% | 8h | $6.3M | $2.0M | 100x | |
| Gate SPY_USDT | 0.0000% | 8h | $728K | $1.8M | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | $2K | $1.5M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Lighter SPY | +0.0032% | 1h | $9.1M | $20.1M | 50x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | $56.4M | $123.7M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | — | $84K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | $4.7M | $491K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| edgeX SPYUSDC | +0.0072% | 4h | $639K | $239K | 20x | as long as short |
| OKX SPY-USDT-SWAP | +0.0077% | 8h | $8.2M | $3.0M | 50x | as long as short |
| Nado SPY-PERP | +0.0083% | 1h | $1.6M | $366K | 20x | as long as short |
| KuCoin SPYUSDTMlong | +0.0100% | 8h | $2.5M | $1.1M | 20x | |
| ApeX Omni SPYUSDT | +0.0100% | 1h | $155K | $31K | 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 |
| Binance SPYUSDT | +0.0109% | 8h | $31.5M | $70.9M | 50x | as long as short |
| MEXC SPY_USDT | +0.0109% | 8h | $19.6M | $10.5M | 100x | as long as short |
| Aster SPYUSDT | +0.0120% | 8h | $862K | $220K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0152% | 1h | $937K | $595K | 20x | as long as short |
| Arcus SPY-USD | +0.0154% | 1h | $973K | $1.1M | 50x | as long as short |
| Bitget SPYUSDT | +0.0190% | 8h | $10.9M | $3.0M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0229% | 1h | $22K | $73K | 20x | as long as short |
| RISEx SPY/USDC | +0.0339% | 1h | $6.9M | $5.7M | 25x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0414% / S −0.3519% | 1h | $24K | — | 53x | as long as short |
KuCoin SPYUSDTM
Bybit SPYUSDT
Phoenix SPY
BloFin SPY-USDT
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
Lighter SPY
Lighter RH SPY
OKX SPY-USDT-SWAP
ApeX Omni SPYUSDT
Binance SPYUSDT
MEXC SPY_USDT
Aster SPYUSDT
Coinbase International SPY-PERP-INTX
Bitget SPYUSDT
Deribit SPY_USDC-PERPETUAL
RISEx SPY/USDC
GMX SPY/USD [ETH-USDC]