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

SPY

RWAall SPY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Gate against Aevo+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SPY-PERP773.770.0104pay 0.0013% / 1h35m 23s$87K10x
ShortGate SPY_USDT773.840get 0.0000% / 8h35m 23s$770K$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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
−$21.84
Price spread: +0.008% → 0.000%
$0.84
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$52
Costs to cover
0.310%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Gate live order book, 2 min ago2.97 bp14.1 bp −$1415.4 bp −$15455.0 bp −$5,499doesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPY on 27 venues

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−0.0167%1h773.07−0.091%$164K$25K50xas long as short
Phoenix SPY−0.0155%1h773.74−0.005%$160K$254K20xas long as short
BloFin SPY-USDT−0.0120%8h774.09+0.041%$417K$446K50xas long as short
Aster SPYUSDT0.0000%8h774.30+0.068%$863K$193K20xas long as short
Binance SPYUSDT0.0000%8h774.31+0.069%$28.6M$76.1M50xas long as short
Bybit SPYUSDT0.0000%8h774.10+0.042%$6.2M$1.6M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.35+0.074%$7.9M$3.3M50xas long as short
Gate SPY_USDTshort0.0000%8h773.84+0.008%$770K$2.4M75x
MEXC SPY_USDT0.0000%8h774.32+0.070%$29.7M$11.8M100xas long as short
Bitget SPYUSDT0.0000%8h774.49+0.092%$10.9M$1.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perp0.0000%8h774.35+0.074%$169K$364K10xas long as short
SunX SPY-USDT0.0000%8h775.42+0.213%$2K$1.3M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h773.96+0.024%$23K$54K20xas long as short
HTX SPY-USDT0.0000%8h774.50+0.094%$300K$38K50xas long as short
Nado SPY-PERP+0.0011%1h774.05+0.035%$1.6M$245K20xas long as short
RISEx SPY/USDC+0.0014%1h774.57+0.102%$7.1M$4.1M25xas long as short
Coinbase International SPY-PERP-INTX+0.0024%1h773.92+0.019%$950K$530K20xas long as short
Lighter RH SPY+0.0032%1h774.64+0.112%$56.8M$118.5M50xas long as short
Arcus SPY-USD+0.0040%1h773.62−0.020%$926K$1.4M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.27−0.065%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.46−0.041%$4.8M$865K20xas long as short
Lighter SPY+0.0080%1h774.47+0.090%$8.0M$17.8M50xas long as short
KuCoin SPYUSDTM+0.0100%8h773.67−0.014%$2.5M$1.0M20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.21+0.056%$1K20xas long as short
Aevo SPY-PERPlong+0.0104%1h773.77long leg$87K10x
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.33+0.071%$10K26xas long as short
edgeX SPYUSDC+0.0868%4h774.14+0.047%$640K$242K20xas long as short