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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0021%/8h
paid, last 24h+0.044%paid, last 3 days−0.109%to open and close $10k−$34
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SPYUSDTM769.440.0100pay 0.0100% / 8h1h 19m$2.4M$1.2M20x
ShortRISEx SPY/USDC770.160.0079get 0.0010% / 1h19m 09s$6.8M$5.4M25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$4.45
Slippage, 4 orders
−$16.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$38.66
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; RISEx: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.094%
Avg gap 7d
+0.045%
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 KuCoin live order book, 4 min ago3.25 bp15.8 bp −$16114.9 bp −$1,149doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago0.13 bp4.0 bp −$44.3 bp −$43doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0240%1h$157K$229K20xas long as short
Bybit SPYUSDT0.0000%8h$6.2M$1.7M100xas long as short
Gate SPY_USDT0.0000%8h$813K$1.3M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.3M10xas long as short
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
Nado SPY-PERP+0.0002%1h$1.5M$360K20xas long as short
BloFin SPY-USDT+0.0033%8h$441K$651K50xas long as short
Arcus SPY-USD+0.0040%1h$1.0M$987K50xas long as short
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$392K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter RH SPY+0.0064%1h$57.6M$112.8M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0075%1h$18K$55K20xas long as short
RISEx SPY/USDCshort+0.0079%1h$6.8M$5.4M25x
Lighter SPY+0.0096%1h$10.7M$14.6M50xas long as short
KuCoin SPYUSDTMlong+0.0100%8h$2.4M$1.2M20x
ApeX Omni SPYUSDT+0.0100%1h$154K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
OKX SPY-USDT-SWAP+0.0102%8h$8.3M$2.5M50xas long as short
Aevo SPY-PERP+0.0104%1h$86K10xas long as short
Binance SPYUSDT+0.0153%8h$33.3M$59.0M50xas long as short
Aster SPYUSDT+0.0153%8h$861K$156K20xas long as short
MEXC SPY_USDT+0.0153%8h$19.9M$11.4M100xas long as short
Coinbase International SPY-PERP-INTX+0.0208%1h$960K$554K20xas long as short
Bitget SPYUSDT+0.0242%8h$11.0M$2.6M50xas long as short
GMX SPY/USD [ETH-USDC]L +0.0429% / S −0.3519%1h$20K26xas long as short
edgeX SPYUSDC+0.0524%4h$641K$234K20xas long as short