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 −0.013%

Price spread now: Binance against Bitget−0.010%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

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

costs, in and out, $10k−$240.241% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 7 days+0.005%+$1 · spread now −0.010%, 7d avg 0.000%

Together, before fees−0.197%−$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPYUSDT	775.23	0	get 0.0000% / 8h	5h 07m	$11.1M	$1.5M	50x
Short	Binance SPYUSDT	775.15	0	get 0.0000% / 8h	5h 07m	$28.5M	$73.5M	50x

Funding history

latest

Range statsloading…

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.010%Rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 13 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	0.06 bp	6.6 bp −$7	8.4 bp −$84	15.3 bp −$1,533	23.2 bp −$11.6K
Sell Binance live order book, 13 min ago	0.06 bp	5.1 bp −$5	5.3 bp −$53	10.4 bp −$1,044	24.4 bp −$12.2K

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	775.15	−0.010%	$418K	$377K	50x	as long as short
Nado SPY-PERP	−0.0034%	1h	774.83	−0.051%	$1.5M	$277K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	775.00	−0.030%	$863K	$201K	20x	as long as short
Binance SPYUSDTshort	0.0000%	8h	775.15	−0.010%	$28.5M	$73.5M	50x
Bybit SPYUSDT	0.0000%	8h	775.07	−0.021%	$6.2M	$1.5M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	775.03	−0.026%	$7.8M	$3.0M	50x	as long as short
RISEx SPY/USDC	0.0000%	1h	775.01	−0.029%	$7.1M	$3.1M	25x	as long as short
Gate SPY_USDT	0.0000%	8h	774.78	−0.058%	$788K	$2.5M	75x	as long as short
MEXC SPY_USDT	0.0000%	8h	775.12	−0.014%	$29.2M	$13.3M	100x	as long as short
Bitget SPYUSDTlong	0.0000%	8h	775.23	long leg	$11.1M	$1.5M	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	775.10	−0.017%	$165K	$335K	10x	as long as short
Phoenix SPY	0.0000%	1h	774.52	−0.092%	$158K	$74K	20x	as long as short
SunX SPY-USDT	0.0000%	8h	776.26	+0.133%	$2K	$1.1M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.76	−0.061%	$23K	$38K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	775.33	+0.013%	$300K	$25K	50x	as long as short
Arcus SPY-USD	+0.0015%	1h	774.16	−0.138%	$1.0M	$1.4M	50x	as long as short
Lighter SPY	+0.0032%	1h	774.98	−0.032%	$7.8M	$16.4M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	775.30	+0.009%	$57.1M	$117.0M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.99	−0.160%	—	$85K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.99	−0.160%	$4.8M	$836K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.26	−0.125%	$952K	$172K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	774.43	−0.103%	$2.5M	$1.0M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	774.75	−0.062%	$222K	$52K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.95	−0.036%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.47	−0.099%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.96	−0.035%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0909%	4h	774.82	−0.053%	$640K	$242K	20x	as long as short