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 −0.003%

Price spread now: Binance against Aster−0.003%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$200.202% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.003%, 7d avg −0.001%

Together, before fees−0.197%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPYUSDT	773.93	0	get 0.0000% / 8h	11m 28s	$863K	$193K	20x
Short	Binance SPYUSDT	773.90	0	get 0.0000% / 8h	11m 28s	$28.6M	$75.6M	50x

Funding history

latest

Range statsloading…

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.003%Rate

Slippage from Aster: live order book, 26 min ago; Binance: live order book, 16 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 26 min ago	0.13 bp	5.4 bp −$5	10.4 bp −$104	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.06 bp	5.1 bp −$5	5.4 bp −$54	9.9 bp −$990	25.0 bp −$12.5K

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	773.70	−0.029%	$158K	$254K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.08	+0.020%	$418K	$445K	50x	as long as short
ApeX Omni SPYUSDT	−0.0040%	1h	773.48	−0.058%	$164K	$25K	50x	as long as short
Aster SPYUSDTlong	0.0000%	8h	773.93	long leg	$863K	$193K	20x
Binance SPYUSDTshort	0.0000%	8h	773.90	−0.003%	$28.6M	$75.6M	50x
Bybit SPYUSDT	0.0000%	8h	773.78	−0.019%	$6.2M	$1.6M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	773.88	−0.006%	$7.9M	$3.1M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.43	−0.064%	$770K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	773.91	−0.002%	$29.7M	$11.8M	100x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.13	+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	774.30	+0.049%	$169K	$341K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.12	+0.154%	$2K	$1.3M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	773.67	−0.033%	$23K	$54K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.48	+0.072%	$300K	$38K	50x	as long as short
RISEx SPY/USDC	+0.0014%	1h	774.14	+0.027%	$7.1M	$4.0M	25x	as long as short
Coinbase International SPY-PERP-INTX	+0.0024%	1h	773.87	−0.007%	$951K	$528K	20x	as long as short
Lighter RH SPY	+0.0032%	1h	774.09	+0.021%	$56.3M	$120.6M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.40	−0.068%	$923K	$1.3M	50x	as long as short
Nado SPY-PERP	+0.0042%	1h	773.49	−0.057%	$1.6M	$247K	20x	as long as short
edgeX SPYUSDC	+0.0043%	4h	773.97	+0.005%	$639K	$243K	20x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	772.80	−0.145%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.28	−0.083%	$4.8M	$865K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.34	−0.076%	$2.5M	$997K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	773.87	−0.007%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.49	−0.057%	$87K	—	10x	as long as short
Lighter SPY	+0.0120%	1h	773.95	+0.003%	$7.9M	$18.0M	50x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.02	+0.013%	$10K	—	26x	as long as short