SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.001%

Price spread now: KuCoin against Nado−0.051%7-day average −0.042% · 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−$37as in the Price arb table

costs, in and out, $10k−$360.359% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.093%+$9 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.051%, 7d avg −0.042%

Together, before fees+0.054%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPY-PERP	774.01	0.0093	pay 0.0012% / 1h	14m 09s	$1.5M	$288K	20x
Short	KuCoin SPYUSDTM	773.61	0.0100	get 0.0100% / 8h	6h 14m	$2.5M	$962K	20x

Funding history

latest

Range statsloading…

KuCoin against Nado. 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 NadobpFee KuCoinbpOrdersPrice spread, now −0.051%Rate

Slippage from Nado: live order book, 4 min ago; KuCoin: 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 Nado live order book, 4 min ago	0.19 bp	7.0 bp −$7	15.7 bp −$157	57.3 bp −$5,726	doesn't fit
Sell KuCoin live order book, 3 min ago	3.10 bp	10.0 bp −$10	792.1 bp −$7,921	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
Bybit SPYUSDT	0.0000%	8h	774.46	+0.059%	$6.3M	$2.0M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.36	+0.046%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.94	−0.009%	$780K	$2.3M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.55	+0.070%	$10.9M	$2.1M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.36	+0.046%	$162K	$379K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.49	+0.192%	$2K	$1.4M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.33	+0.042%	$308K	$20K	50x	as long as short
Aster SPYUSDT	+0.0004%	8h	774.48	+0.061%	$863K	$204K	20x	as long as short
MEXC SPY_USDT	+0.0013%	8h	774.35	+0.044%	$20.3M	$12.0M	100x	as long as short
Binance SPYUSDT	+0.0013%	8h	774.35	+0.044%	$28.4M	$80.3M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPY	+0.0032%	1h	774.28	+0.035%	$8.3M	$21.4M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.42	−0.076%	$935K	$1.4M	50x	as long as short
Phoenix SPY	+0.0041%	1h	773.80	−0.027%	$161K	$296K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.21	−0.103%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.58	−0.055%	$4.8M	$841K	20x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0060%	1h	774.17	+0.021%	$23K	$55K	20x	as long as short
Lighter RH SPY	+0.0064%	1h	774.82	+0.105%	$56.8M	$114.5M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0088%	1h	773.74	−0.034%	$954K	$556K	20x	as long as short
Nado SPY-PERPlong	+0.0093%	1h	774.01	long leg	$1.5M	$288K	20x
KuCoin SPYUSDTMshort	+0.0100%	8h	773.61	−0.051%	$2.5M	$962K	20x
ApeX Omni SPYUSDT	+0.0100%	1h	773.99	−0.002%	$160K	$23K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.34	+0.043%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.76	−0.031%	$87K	—	10x	as long as short
RISEx SPY/USDC	+0.0190%	1h	774.50	+0.064%	$7.0M	$5.2M	25x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.36	+0.045%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0256%	4h	774.20	+0.025%	$640K	$242K	20x	as long as short