Settings8H · net · $10k
Funding arb · Price arb /

SPY

RWAall SPY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against RISEx+0.005%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$70.074% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.065%−$7 on $10k
Price spread, last 7 days+0.026%+$3 · spread now +0.005%, 7d avg +0.012%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SPY/USDC774.630get 0.0000% / 1h42m 54s$7.1M$3.3M25x
ShortMEXC SPY_USDT774.670get 0.0000% / 8h5h 42m$29.2M$13.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against RISEx. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.005% → +0.012%
−$0.66
Slippage, 4 orders
−$1.4
Fee RISEx: 3 bp × 2 orders
−$6
Fee MEXC: 0 bp × 2 orders
$0
Net
−$8.06
Costs to cover
0.074%
Break-even
never at this rate
Slippage from RISEx: live order book, 4 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 4 min ago0.06 bp3.1 bp −$33.2 bp −$32doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.06 bp0.1 bp $00.3 bp −$30.7 bp −$752.0 bp −$985

SPY on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SPYUSDT−0.0195%1h774.06−0.074%$223K$51K50xas long as short
BloFin SPY-USDT−0.0120%8h774.69+0.008%$417K$422K50xas long as short
Aster SPYUSDT0.0000%8h774.66+0.004%$863K$200K20xas long as short
Binance SPYUSDT0.0000%8h774.69+0.007%$28.5M$75.8M50xas long as short
Bybit SPYUSDT0.0000%8h774.60−0.004%$6.2M$1.5M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.53−0.013%$7.8M$3.1M50xas long as short
RISEx SPY/USDClong0.0000%1h774.63long leg$7.1M$3.3M25x
Gate SPY_USDT0.0000%8h774.21−0.054%$788K$2.5M75xas long as short
MEXC SPY_USDTshort0.0000%8h774.67+0.005%$29.2M$13.3M100x
Bitget SPYUSDT0.0000%8h774.78+0.019%$11.1M$1.6M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perp0.0000%8h774.88+0.033%$161K$336K10xas long as short
Phoenix SPY0.0000%1h774.24−0.051%$158K$74K20xas long as short
SunX SPY-USDT0.0000%8h775.82+0.153%$2K$1.2M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h774.29−0.044%$23K$39K20xas long as short
HTX SPY-USDT0.0000%8h774.99+0.046%$300K$38K50xas long as short
Nado SPY-PERP+0.0004%1h774.33−0.039%$1.5M$283K20xas long as short
Arcus SPY-USD+0.0015%1h773.76−0.113%$980K$1.4M50xas long as short
Lighter SPY+0.0032%1h774.48−0.020%$7.8M$16.3M50xas long as short
Lighter RH SPY+0.0032%1h774.82+0.024%$56.8M$115.0M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.49−0.147%$85K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.63−0.129%$4.8M$842K20xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h774.22−0.053%$952K$171K20xas long as short
KuCoin SPYUSDTM+0.0100%8h774.07−0.072%$2.5M$1.0M20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.60−0.004%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h774.06−0.074%$87K10xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.71+0.009%$10K26xas long as short
edgeX SPYUSDC+0.0236%4h774.35−0.036%$640K$244K20xas long as short