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

SPY

RWAall SPY markets
SwapPrice view
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Funding spread now, next payment 16:00 UTC−0.0096%/8h
paid, last 24h−0.016%paid, last 3 days−0.051%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPY_USDT770.750.0142pay 0.0142% / 8h21m 01s$23.9M$10.6M100x
ShortVest SPY-USD-PERP770.220.0046get 0.0006% / 1h21m 01s$61K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$20.23
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$22.23
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Vest: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.069%
Avg gap 7d
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, 4 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$60.5 bp −$273
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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$809K$1.4M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.4M10xas long as short
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$18.3M50xas long as short
Lighter RH SPY+0.0032%1h$57.1M$118.7M50xas long as short
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-PERPshort+0.0046%1h$61K50x
Ondo Perps SPY-USD.P+0.0050%1h$4.8M$415K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.0075%1h$18K$58K20xas long as short
OKX SPY-USDT-SWAP+0.0099%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$87K10xas long as short
Binance SPYUSDT+0.0142%8h$32.7M$61.9M50xas long as short
MEXC SPY_USDTlong+0.0142%8h$23.9M$10.6M100x
Aster SPYUSDT+0.0165%8h$863K$166K20xas long as short
Coinbase International SPY-PERP-INTX+0.0192%1h$953K$565K20xas long as short
Bitget SPYUSDT+0.0234%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