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

SPY

RWAall SPY markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.037%
7d averageif it closes, per $10,000$4funding while held, a day−$1.20
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SPY-PERP772.620.0104pay 0.0013% / 1h28m 45s$87K10x
ShortMEXC SPY_USDT772.900.0064get 0.0064% / 8h6h 28m$20.2M$9.8M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
$3.65
Funding while held
−$1.2
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee MEXC: 0 bp × 2 orders
$0
Net
−$13.55
Spread needed to break even
0.160%
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0040%
Per $10,000 a day
$1.20
Average in range /8h

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 MEXC live order book, 1 min ago0.06 bp0.1 bp $00.1 bp −$10.1 bp −$60.4 bp −$211
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 price on every exchange

against the cheapest. Click to use as the short leg.

SPY on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Ondo Perps SPY-USD.P−0.118%−0.0019%1h$4.7M$725K20xas long as short
KuCoin SPYUSDTM−0.045%+0.0100%8h$2.5M$1.1M20xas long as short
Phoenix SPY−0.039%−0.0290%1h$160K$266K20xas long as short
Vest SPY-USD-PERP−0.015%+0.0046%1h$84K50xas long as short
Arcus SPY-USD−0.014%+0.0040%1h$936K$1.2M50xas long as short
Aevo SPY-PERPlong0.000%+0.0104%1h$87K10x
Gate SPY_USDT+0.002%0.0000%8h$737K$1.9M75xas long as short
ApeX Omni SPYUSDT+0.002%+0.0100%1h$155K$31K50xas long as short
BloFin SPY-USDT+0.014%−0.0057%8h$432K$704K50xas long as short
Coinbase International SPY-PERP-INTX+0.016%+0.0136%1h$932K$609K20xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster SPYUSDT+0.024%+0.0065%8h$859K$221K20xas long as short
Nado SPY-PERP+0.027%+0.0008%1h$1.6M$255K20xas long as short
edgeX SPYUSDC+0.028%+0.0001%4h$639K$241K20xas long as short
Deribit SPY_USDC-PERPETUAL+0.031%0.0000%1h$22K$73K20xas long as short
MEXC SPY_USDTshort+0.037%+0.0064%8h$20.2M$9.8M100x
OKX SPY-USDT-SWAP+0.038%+0.0044%8h$8.1M$3.1M50xas long as short
Binance SPYUSDT+0.039%+0.0063%8h$29.6M$77.5M50xas long as short
GMX SPY/USD [ETH-USDC]+0.048%L +0.0369% / S −0.2805%1h$24K53xas long as short
Bybit SPYUSDT+0.048%0.0000%8h$6.3M$2.1M100xas long as short
RISEx SPY/USDC+0.051%+0.0126%1h$7.0M$5.7M25xas long as short
HTX SPY-USDT+0.055%0.0000%8h$308K$23K50xas long as short
Lighter SPY+0.056%+0.0032%1h$9.0M$21.4M50xas long as short
Orderly PERP_SPY_USDC_mythos+0.060%+0.0100%8h$1K20xas long as short
Bitget SPYUSDT+0.061%+0.0156%8h$10.9M$3.0M50xas long as short
Lighter RH SPY+0.112%+0.0032%1h$56.9M$122.7M50xas long as short
SunX SPY-USDT+0.189%0.0000%8h$2K$1.6M10xas long as short