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

SPY

RWAall SPY markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC+0.0032%/8h
paid, last 24h+0.017%paid, last 7 days+0.117%to open and close $10k−$239
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPY-USDT775.880get 0.0000% / 8h5h 07m$2K$1.6M10x
ShortLighter RH SPY775.290.0032get 0.0004% / 1h7m 37s$57.3M$125.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$6.72
Slippage, 4 orders
−$229.1
Fee SunX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$232.38
Break-even
249.1 days
Slippage from SunX: live order book, 4 min ago; Lighter RH: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.076%
Avg gap 7d
−0.136%
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 SunX live order book, 4 min ago29.07 bp108.5 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago0.13 bp0.2 bp $00.5 bp −$510.1 bp −$1,013322.9 bp −$161.4K

SPY on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Phoenix SPY−0.0404%1h$161K$295K20xas long as short
Ondo Perps SPY-USD.P−0.0146%1h$4.8M$833K20xas long as short
BloFin SPY-USDT−0.0120%8h$430K$717K50xas long as short
Nado SPY-PERP−0.0027%1h$1.6M$277K20xas long as short
Aster SPYUSDT0.0000%8h$865K$274K20xas long as short
Binance SPYUSDT0.0000%8h$29.0M$83.6M50xas long as short
Bybit SPYUSDT0.0000%8h$6.3M$2.2M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h$8.1M$3.4M50xas long as short
RISEx SPY/USDC0.0000%1h$6.9M$5.7M25xas long as short
Gate SPY_USDT0.0000%8h$739K$2.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC SPY_USDT0.0000%8h$22.6M$12.3M100xas long as short
SunX SPY-USDTlong0.0000%8h$2K$1.6M10x
HTX SPY-USDT0.0000%8h$308K$23K50xas long as short
Deribit SPY_USDC-PERPETUAL+0.0008%1h$22K$74K20xas long as short
Lighter SPY+0.0032%1h$9.0M$21.6M50xas long as short
Lighter RH SPYshort+0.0032%1h$57.3M$125.0M50x
Arcus SPY-USD+0.0040%1h$956K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h$100K50xas long as short
Bitget SPYUSDT+0.0081%8h$10.8M$3.1M50xas long as short
KuCoin SPYUSDTM+0.0100%8h$2.5M$1.1M20xas long as short
ApeX Omni SPYUSDT+0.0100%1h$154K$32K50xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h$1K20xas long as short
Aevo SPY-PERP+0.0104%1h$87K10xas long as short
Coinbase International SPY-PERP-INTX+0.0104%1h$933K$617K20xas long as short
edgeX SPYUSDC+0.0318%4h$640K$240K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0327% / S −0.2140%1h$24K53xas long as short