Funding spread now, next payment 16:00 UTC+0.0056%/8h
next payment, per $10,000+$0.56paid, last 24h+0.025%paid, last 3 days+0.017%to open and close $10k−$21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPY-USDT-SWAP | 767.01 | 0.0127 | pay 0.0127% / 8h | 2h 27m | $8.4M | $2.2M | 50x |
| Short | Binance SPYUSDT | 766.87 | 0.0183 | get 0.0183% / 8h | 2h 27m | $33.6M | $51.4M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $11.68
- Slippage, 4 orders
- −$0.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.09
- Break-even
- 12.4 days
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 16 min ago.
Price risk
price view- Price gap now
- −0.019%
- Avg gap 7d
- +0.010%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 0.06 bp | 5.1 bp −$5 | 7.5 bp −$75 | 16.0 bp −$1,595 | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.06 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.5 bp −$947 | 24.9 bp −$12.5K |
SPY on 26 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| edgeX SPYUSDC | −0.0611% | 4h | $639K | $217K | 20x | as long as short |
| Phoenix SPY | −0.0084% | 1h | $191K | $229K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | $6.3M | $1.5M | 100x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | $876K | $682K | 75x | as long as short |
| SunX SPY-USDT | 0.0000% | 8h | $2K | $1.2M | 10x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | $306K | $23K | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | — | $61K | 50x | as long as short |
| Lighter RH SPY | +0.0048% | 1h | $57.3M | $107.0M | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | $4.7M | $248K | 20x | as long as short |
| RISEx SPY/USDC | +0.0062% | 1h | $6.9M | $5.2M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BloFin SPY-USDT | +0.0062% | 8h | $447K | $543K | 50x | as long as short |
| Arcus SPY-USD | +0.0083% | 1h | $1.1M | $716K | 50x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | $2.4M | $1.2M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | $154K | $31K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | $86K | — | 10x | as long as short |
| Nado SPY-PERP | +0.0107% | 1h | $1.5M | $342K | 20x | as long as short |
| OKX SPY-USDT-SWAPlong | +0.0127% | 8h | $8.4M | $2.2M | 50x | |
| MEXC SPY_USDT | +0.0182% | 8h | $19.7M | $13.2M | 100x | as long as short |
| Binance SPYUSDTshort | +0.0183% | 8h | $33.6M | $51.4M | 50x | |
| Aster SPYUSDT | +0.0188% | 8h | $858K | $143K | 20x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0207% | 1h | $17K | $49K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0208% | 1h | $959K | $549K | 20x | as long as short |
| Lighter SPY | +0.0240% | 1h | $10.8M | $13.0M | 50x | as long as short |
| Bitget SPYUSDT | +0.0242% | 8h | $11.0M | $2.3M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0307% / S −0.0724% | 1h | $5K | — | 26x | as long as short |
OKX SPY-USDT-SWAP
Binance SPYUSDT
Phoenix SPY
Bybit SPYUSDT
Gate SPY_USDT
SunX SPY-USDT
HTX SPY-USDT
Lighter RH SPY
RISEx SPY/USDC
BloFin SPY-USDT
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
MEXC SPY_USDT
Aster SPYUSDT
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
Lighter SPY
Bitget SPYUSDT
GMX SPY/USD [ETH-USDC]