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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0032%/8h
paid, last 24h−0.017%paid, last 7 days−0.119%to open and close $10k−$239
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SPY770.960.0032pay 0.0004% / 1h21m 44s$57.3M$118.4M50x
ShortSunX SPY-USDT771.870get 0.0000% / 8h21m 44s$2K$1.4M10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$6.72
Slippage, 4 orders
−$228.89
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SunX: 5 bp × 2 orders
−$10
Net
−$245.61
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; SunX: live order book, 9 min ago.

Price risk

price view
Price gap now
+0.118%
Avg gap 7d
+0.137%
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 Lighter RH live order book, 4 min ago0.06 bp0.5 bp −$11.1 bp −$112.9 bp −$28617.0 bp −$8,494
Sell SunX live order book, 9 min ago29.03 bp129.8 bp −$130doesn't fitdoesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0375%1h$157K$264K20xas long as short
Bybit SPYUSDT0.0000%8h$6.2M$1.8M100xas long as short
Gate SPY_USDT0.0000%8h$814K$1.4M75xas long as short
SunX SPY-USDTshort0.0000%8h$2K$1.4M10x
HTX SPY-USDT0.0000%8h$307K$23K50xas long as short
BloFin SPY-USDT+0.0022%8h$442K$668K50xas long as short
Lighter SPY+0.0032%1h$9.5M$18.2M50xas long as short
Lighter RH SPYlong+0.0032%1h$57.3M$118.4M50x
Nado SPY-PERP+0.0036%1h$1.6M$368K20xas long as short
Arcus SPY-USD+0.0040%1h$1.0M$1.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Vest SPY-USD-PERP+0.0046%1h$61K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.8M$415K20xas long as short
OKX SPY-USDT-SWAP+0.0100%8h$8.2M$2.7M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.4M$1.2M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$154K$31K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aevo SPY-PERP+0.0104%1h$86K10xas long as short
MEXC SPY_USDT+0.0142%8h$23.9M$10.6M100xas long as short
Binance SPYUSDT+0.0142%8h$32.7M$61.8M50xas long as short
Aster SPYUSDT+0.0165%8h$863K$166K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0178%1h$18K$58K20xas long as short
Coinbase International SPY-PERP-INTX+0.0192%1h$953K$565K20xas long as short
Bitget SPYUSDT+0.0235%8h$11.1M$2.8M50xas long as short
RISEx SPY/USDC+0.0258%1h$6.9M$5.6M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0462% / S −0.4251%1h$24K53xas long as short
edgeX SPYUSDC+0.0927%4h$642K$234K20xas long as short