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

SPY

RWAall SPY markets
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Funding spread now, next payment 00:00 UTC+0.0085%/8h
next payment, per $10,000+$0.85paid, last 24h−0.021%paid, last 7 days−0.043%to open and close $10k−$14
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPY_USDT772.960.0087pay 0.0087% / 8h6h 43m$19.8M$9.7M100x
ShortBitget SPYUSDT773.030.0172get 0.0172% / 8h6h 43m$10.9M$3.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$17.85
Slippage, 4 orders
−$1.86
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$3.99
Break-even
5.4 days
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.009%
Avg gap 7d
+0.005%
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 MEXC live order book, 2 min ago0.06 bp0.1 bp $00.1 bp −$10.3 bp −$321.2 bp −$607
Sell Bitget live order book, 2 min ago0.06 bp6.9 bp −$78.9 bp −$8917.5 bp −$1,74629.8 bp −$14.9K

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−0.0031%8h$431K$695K50xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.0M100xas long as short
Gate SPY_USDT0.0000%8h$737K$1.9M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.6M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h$22K$73K20xas long as short
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Nado SPY-PERP+0.0030%1h$1.6M$364K20xas long as short
Lighter SPY+0.0032%1h$9.0M$21.2M50xas long as short
Lighter RH SPY+0.0032%1h$56.8M$121.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus SPY-USD+0.0040%1h$950K$1.1M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$84K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$551K20xas long as short
OKX SPY-USDT-SWAP+0.0062%8h$8.1M$3.1M50xas long as short
Binance SPYUSDT+0.0086%8h$30.4M$76.1M50xas long as short
MEXC SPY_USDTlong+0.0087%8h$19.8M$9.7M100x
Aster SPYUSDT+0.0092%8h$859K$221K20xas 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
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 SPYUSDTshort+0.0172%8h$10.9M$3.0M50x
GMX SPY/USD [ETH-USDC]L +0.0415% / S −0.3519%1h$24K53xas long as short
edgeX SPYUSDC+0.0863%4h$639K$241K20xas long as short