SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against OKX−0.008%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.248% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days−0.026%−$3 · spread now −0.008%, 7d avg −0.004%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPY-USDT-SWAP	773.85	0	get 0.0000% / 8h	9m 00s	$7.9M	$3.1M	50x
Short	Bybit SPYUSDT	773.79	0	get 0.0000% / 8h	9m 00s	$6.2M	$1.6M	100x

Funding history

latest

Range statsloading…

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.008%Rate

Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 min ago.

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, 4 min ago	0.06 bp	5.1 bp −$5	6.8 bp −$68	17.2 bp −$1,721	doesn't fit
Sell Bybit live order book, 4 min ago	0.06 bp	7.0 bp −$7	10.6 bp −$106	31.7 bp −$3,174	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
Phoenix SPY	−0.0155%	1h	773.28	−0.074%	$158K	$254K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	773.93	+0.010%	$418K	$445K	50x	as long as short
ApeX Omni SPYUSDT	−0.0025%	1h	773.36	−0.063%	$164K	$25K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	773.89	+0.005%	$863K	$193K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	773.88	+0.004%	$28.6M	$75.6M	50x	as long as short
Bybit SPYUSDTshort	0.0000%	8h	773.79	−0.008%	$6.2M	$1.6M	100x
OKX SPY-USDT-SWAPlong	0.0000%	8h	773.85	long leg	$7.9M	$3.1M	50x
Gate SPY_USDT	0.0000%	8h	773.36	−0.063%	$770K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.87	+0.003%	$29.7M	$11.8M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.05	+0.026%	$10.9M	$1.6M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.10	+0.033%	$169K	$341K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.05	+0.155%	$2K	$1.3M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.48	+0.081%	$300K	$38K	50x	as long as short
RISEx SPY/USDC	+0.0014%	1h	774.10	+0.032%	$7.1M	$4.0M	25x	as long as short
Coinbase International SPY-PERP-INTX	+0.0024%	1h	773.80	−0.006%	$951K	$509K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	774.10	+0.032%	$56.4M	$121.0M	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0034%	1h	773.62	−0.030%	$23K	$54K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.35	−0.065%	$923K	$1.3M	50x	as long as short
Nado SPY-PERP	+0.0045%	1h	773.49	−0.047%	$1.6M	$247K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.77	−0.140%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.10	−0.097%	$4.8M	$865K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.31	−0.070%	$2.5M	$997K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.91	+0.008%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.38	−0.060%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	773.92	+0.009%	$7.9M	$18.0M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	773.92	+0.010%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0299%	4h	773.83	−0.002%	$639K	$242K	20x	as long as short