SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Bitget against Aster−0.004%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.244% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now −0.004%, 7d avg +0.005%

Together, before fees−0.133%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPYUSDT	774.66	0	get 0.0000% / 8h	5h 54m	$863K	$200K	20x
Short	Bitget SPYUSDT	774.63	0	get 0.0000% / 8h	5h 54m	$11.1M	$1.6M	50x

Funding history

latest

Range statsloading…

Bitget 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 BitgetbpOrdersPrice spread, now −0.004%Rate

Slippage from Aster: live order book, 56 min ago; Bitget: live order book, 2 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, 56 min ago	0.45 bp	5.1 bp −$5	11.9 bp −$119	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.06 bp	7.1 bp −$7	9.3 bp −$93	17.1 bp −$1,714	28.8 bp −$14.4K

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
BloFin SPY-USDT	−0.0120%	8h	774.85	+0.025%	$416K	$419K	50x	as long as short
Nado SPY-PERP	−0.0039%	1h	774.48	−0.023%	$1.5M	$270K	20x	as long as short
Aster SPYUSDTlong	0.0000%	8h	774.66	long leg	$863K	$200K	20x
Binance SPYUSDT	0.0000%	8h	774.88	+0.029%	$28.5M	$75.7M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.89	+0.030%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.83	+0.022%	$7.8M	$3.1M	50x	as long as short
RISEx SPY/USDC	0.0000%	1h	774.76	+0.013%	$7.1M	$3.3M	25x	as long as short
Gate SPY_USDT	0.0000%	8h	774.34	−0.041%	$790K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	774.85	+0.025%	$29.2M	$13.3M	100x	as long as short
Bitget SPYUSDTshort	0.0000%	8h	774.63	−0.004%	$11.1M	$1.6M	50x

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SPY_USDT_Perp	0.0000%	8h	774.65	−0.001%	$161K	$346K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.97	+0.169%	$2K	$1.2M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.54	−0.015%	$23K	$39K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.99	+0.043%	$300K	$38K	50x	as long as short
Phoenix SPY	+0.0010%	1h	774.14	−0.067%	$158K	$74K	20x	as long as short
Arcus SPY-USD	+0.0015%	1h	773.94	−0.093%	$980K	$1.4M	50x	as long as short
Lighter SPY	+0.0032%	1h	774.68	+0.003%	$7.8M	$16.3M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.98	+0.041%	$56.9M	$114.4M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.72	−0.121%	—	$85K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.87	−0.102%	$4.8M	$846K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.22	−0.057%	$952K	$171K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	774.30	−0.046%	$2.5M	$1.0M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	773.48	−0.152%	$164K	$24K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.70	+0.005%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.19	−0.060%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.88	+0.029%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0783%	4h	774.39	−0.035%	$640K	$242K	20x	as long as short