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 0.000%

Price spread now: MEXC against Binance+0.004%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs+$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$100.103% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.004%, 7d avg −0.006%

Together, before fees+0.244%+$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPYUSDT	774.27	0	get 0.0000% / 8h	1h 39m	$28.6M	$78.7M	50x
Short	MEXC SPY_USDT	774.30	0	get 0.0000% / 8h	1h 39m	$29.7M	$11.9M	100x

Funding history

latest

Range statsloading…

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now +0.004%Rate

Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 4 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	0.06 bp	5.1 bp −$5	5.3 bp −$53	10.0 bp −$995	27.1 bp −$13.5K
Sell MEXC live order book, 4 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$6	0.8 bp −$402

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
ApeX Omni SPYUSDT	−0.0254%	1h	773.03	−0.160%	$164K	$25K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.09	−0.023%	$419K	$472K	50x	as long as short
Phoenix SPY	−0.0114%	1h	773.76	−0.065%	$161K	$294K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0068%	1h	773.14	−0.146%	$4.7M	$832K	20x	as long as short
Nado SPY-PERP	−0.0030%	1h	774.09	−0.023%	$1.5M	$255K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.13	−0.018%	$863K	$196K	20x	as long as short
Binance SPYUSDTlong	0.0000%	8h	774.27	long leg	$28.6M	$78.7M	50x
Bybit SPYUSDT	0.0000%	8h	774.12	−0.019%	$6.2M	$1.7M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.20	−0.009%	$8.0M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	774.15	−0.015%	$770K	$2.4M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SPY_USDTshort	0.0000%	8h	774.30	+0.004%	$29.7M	$11.9M	100x
Bitget SPYUSDT	0.0000%	8h	774.48	+0.028%	$10.9M	$1.8M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.46	+0.025%	$169K	$351K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.44	+0.151%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.06	−0.027%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.63	+0.047%	$300K	$38K	50x	as long as short
Lighter SPY	+0.0032%	1h	774.42	+0.020%	$8.2M	$18.6M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.70	+0.056%	$56.3M	$118.2M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0032%	1h	773.77	−0.064%	$950K	$555K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.48	−0.102%	$927K	$1.4M	50x	as long as short
RISEx SPY/USDC	+0.0043%	1h	774.56	+0.038%	$7.0M	$4.1M	25x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.31	−0.124%	—	$123K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.62	−0.084%	$2.5M	$996K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.24	−0.003%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.76	−0.066%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.33	+0.007%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0249%	4h	774.19	−0.010%	$640K	$243K	20x	as long as short