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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC+0.0023%/8h
paid, last 24h+0.016%paid, last 7 days+0.194%to open and close $10k−$40
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPY-USDT-SWAP772.610.0077pay 0.0077% / 8h7h 10m$8.2M$3.0M50x
ShortApeX Omni SPYUSDT772.240.0100get 0.0013% / 1h10m 17s$155K$31K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$4.84
Slippage, 4 orders
−$20.15
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$35.31
Break-even
58.0 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 32 min ago.

Price risk

price view
Price gap now
−0.048%
Avg gap 7d
−0.004%
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 OKX live order book, 4 min ago0.06 bp5.2 bp −$57.0 bp −$7015.6 bp −$1,565doesn't fit
Sell ApeX Omni live order book, 32 min ago2.33 bp17.3 bp −$1785.8 bp −$858doesn't fitdoesn't fit

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0280%1h$160K$266K20xas long as short
BloFin SPY-USDT−0.0011%8h$432K$695K50xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.0M100xas long as short
Gate SPY_USDT0.0000%8h$728K$1.8M75xas long as short
SunX SPY-USDT0.0000%8h$2K$1.5M10xas long as short
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Lighter SPY+0.0032%1h$9.1M$20.1M50xas long as short
Lighter RH SPY+0.0032%1h$56.4M$123.7M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$84K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h$4.7M$491K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX SPYUSDC+0.0072%4h$639K$239K20xas long as short
OKX SPY-USDT-SWAPlong+0.0077%8h$8.2M$3.0M50x
Nado SPY-PERP+0.0083%1h$1.6M$366K20xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDTshort+0.0100%1h$155K$31K50x
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aevo SPY-PERP+0.0104%1h$87K10xas long as short
Binance SPYUSDT+0.0109%8h$31.5M$70.9M50xas long as short
MEXC SPY_USDT+0.0109%8h$19.6M$10.5M100xas long as short
Aster SPYUSDT+0.0120%8h$862K$220K20xas long as short
Coinbase International SPY-PERP-INTX+0.0152%1h$937K$595K20xas long as short
Arcus SPY-USD+0.0154%1h$973K$1.1M50xas long as short
Bitget SPYUSDT+0.0190%8h$10.9M$3.0M50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0229%1h$22K$73K20xas long as short
RISEx SPY/USDC+0.0339%1h$6.9M$5.7M25xas long as short
GMX SPY/USD [ETH-USDC]L +0.0414% / S −0.3519%1h$24K53xas long as short