Settings8H · net · $10k
Funding arb · Price arb /

SPY

RWAall SPY markets
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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 −0.026%
Price spread now: SunX against Bitget+0.127%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2502.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.127%, 7d avg +0.131%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPYUSDT773.930get 0.0000% / 8h4m 58s$10.9M$1.6M50x
ShortSunX SPY-USDT774.910get 0.0000% / 8h4m 58s$2K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.127% → +0.131%
−$0.45
Slippage, 4 orders
−$230.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$250.8
Costs to cover
2.504%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago0.06 bp7.0 bp −$78.6 bp −$8612.5 bp −$1,25219.8 bp −$9,903
Sell SunX live order book, 9 min ago29.09 bp129.0 bp −$129doesn't fitdoesn't fitdoesn't fit

SPY on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SPY−0.0155%1h773.18−0.097%$158K$254K20xas long as short
BloFin SPY-USDT−0.0120%8h773.81−0.016%$418K$444K50xas long as short
Aster SPYUSDT0.0000%8h773.77−0.020%$863K$193K20xas long as short
Binance SPYUSDT0.0000%8h773.73−0.026%$28.6M$75.6M50xas long as short
Bybit SPYUSDT0.0000%8h773.65−0.036%$6.2M$1.6M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h773.68−0.032%$7.9M$3.1M50xas long as short
Gate SPY_USDT0.0000%8h773.24−0.089%$770K$2.5M75xas long as short
MEXC SPY_USDT0.0000%8h773.71−0.028%$29.7M$11.8M100xas long as short
Bitget SPYUSDTlong0.0000%8h773.93long leg$10.9M$1.6M50x
GRVT SPY_USDT_Perp0.0000%8h773.99+0.008%$160K$350K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPY-USDTshort0.0000%8h774.91+0.127%$2K$1.3M10x
Deribit SPY_USDC-PERPETUAL0.0000%1h773.49−0.057%$23K$54K20xas long as short
HTX SPY-USDT0.0000%8h774.16+0.030%$300K$38K50xas long as short
RISEx SPY/USDC+0.0014%1h773.97+0.005%$7.1M$4.0M25xas long as short
ApeX Omni SPYUSDT+0.0016%1h773.33−0.078%$164K$25K50xas long as short
Coinbase International SPY-PERP-INTX+0.0024%1h773.80−0.017%$951K$509K20xas long as short
Lighter RH SPY+0.0032%1h773.94+0.001%$56.5M$121.3M50xas long as short
Arcus SPY-USD+0.0040%1h773.25−0.088%$923K$1.3M50xas long as short
Vest SPY-USD-PERP+0.0046%1h772.61−0.171%$123K50xas long as short
Ondo Perps SPY-USD.P+0.0050%1h773.03−0.116%$4.8M$865K20xas long as short
Nado SPY-PERP+0.0052%1h773.36−0.074%$1.6M$247K20xas long as short
KuCoin SPYUSDTM+0.0100%8h773.19−0.096%$2.5M$997K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h773.78−0.019%$1K20xas long as short
Aevo SPY-PERP+0.0104%1h773.26−0.086%$87K10xas long as short
Lighter SPY+0.0120%1h773.77−0.021%$7.9M$18.0M50xas long as short
edgeX SPYUSDC+0.0147%4h773.74−0.025%$639K$242K20xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h773.74−0.025%$10K26xas long as short