SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: Arcus against Lighter RH−0.090%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$110.114% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.024%+$2 on $10k

Price spread, last 7 days−0.027%−$3 · spread now −0.090%, 7d avg −0.109%

Together, before fees−0.003%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SPY	773.98	0.0032	pay 0.0004% / 1h	6m 21s	$56.5M	$121.2M	50x
Short	Arcus SPY-USD	773.28	0.0040	get 0.0005% / 1h	6m 21s	$923K	$1.3M	50x

Funding history

latest

Range statsloading…

Arcus against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Lighter RHbpFee ArcusbpOrdersPrice spread, now −0.090%Rate

Slippage from Lighter RH: live order book, 3 min ago; Arcus: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 3 min ago	0.06 bp	0.2 bp $0	0.8 bp −$8	4.2 bp −$420	doesn't fit
Sell Arcus live order book, 3 min ago	0.06 bp	8.5 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SPY	−0.0155%	1h	773.28	−0.090%	$158K	$254K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	773.83	−0.019%	$418K	$444K	50x	as long as short
ApeX Omni SPYUSDT	−0.0025%	1h	773.36	−0.080%	$164K	$25K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	773.81	−0.022%	$863K	$193K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	773.79	−0.025%	$28.6M	$75.5M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	773.67	−0.040%	$6.2M	$1.6M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	773.74	−0.031%	$7.9M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.29	−0.089%	$770K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.80	−0.023%	$29.7M	$11.8M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	773.93	−0.006%	$10.9M	$1.6M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.10	+0.016%	$169K	$341K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	774.91	+0.120%	$2K	$1.3M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.16	+0.023%	$300K	$38K	50x	as long as short
RISEx SPY/USDC	+0.0014%	1h	774.02	+0.005%	$7.1M	$4.0M	25x	as long as short
Coinbase International SPY-PERP-INTX	+0.0024%	1h	773.80	−0.023%	$951K	$509K	20x	as long as short
Lighter RH SPYlong	+0.0032%	1h	773.98	long leg	$56.5M	$121.2M	50x
Arcus SPY-USDshort	+0.0040%	1h	773.28	−0.090%	$923K	$1.3M	50x
Vest SPY-USD-PERP	+0.0046%	1h	772.64	−0.173%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.10	−0.114%	$4.8M	$865K	20x	as long as short
Nado SPY-PERP	+0.0050%	1h	773.37	−0.079%	$1.6M	$247K	20x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0060%	1h	773.49	−0.063%	$23K	$54K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.24	−0.096%	$2.5M	$997K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.83	−0.019%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.26	−0.093%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	773.86	−0.016%	$7.9M	$18.0M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	773.82	−0.021%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0299%	4h	773.83	−0.019%	$639K	$242K	20x	as long as short