SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC0.000%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as 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−0.252%−$25 on $10k

Price spread, last 1 day (all we have)−0.005%−$1 · spread now 0.000%, 7d avg −0.005%

Together, before fees−0.257%−$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SPY_USDT	774.93	0	get 0.0000% / 8h	4h 22m	$22.6M	$12.3M	100x
Short	Binance SPYUSDT	774.93	0	get 0.0000% / 8h	4h 22m	$28.9M	$85.5M	50x

Funding history

latest

Range statsloading…

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Slippage from MEXC: live order book, 10 min ago; Binance: live order book, 9 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 10 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$6	1.4 bp −$710
Sell Binance live order book, 9 min ago	0.06 bp	5.1 bp −$5	5.4 bp −$54	9.4 bp −$939	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
Phoenix SPY	−0.0300%	1h	774.02	−0.117%	$161K	$295K	20x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.89	−0.005%	$422K	$719K	50x	as long as short
Aster SPYUSDT	0.0000%	8h	774.67	−0.034%	$864K	$275K	20x	as long as short
Binance SPYUSDTshort	0.0000%	8h	774.93	0.000%	$28.9M	$85.5M	50x
Bybit SPYUSDT	0.0000%	8h	774.98	+0.006%	$6.2M	$2.2M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	775.01	+0.010%	$8.0M	$3.5M	50x	as long as short
RISEx SPY/USDC	0.0000%	1h	775.00	+0.009%	$6.9M	$5.7M	25x	as long as short
Gate SPY_USDT	0.0000%	8h	774.45	−0.062%	$739K	$2.1M	75x	as long as short
MEXC SPY_USDTlong	0.0000%	8h	774.93	long leg	$22.6M	$12.3M	100x
GRVT SPY_USDT_Perp	0.0000%	8h	774.93	0.000%	$158K	$509K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPY-USDT	0.0000%	8h	776.06	+0.146%	$2K	$1.6M	10x	as long as short
HTX SPY-USDT	0.0000%	8h	774.99	+0.008%	$308K	$20K	50x	as long as short
Lighter SPY	+0.0032%	1h	774.99	+0.008%	$8.8M	$21.9M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	775.34	+0.053%	$56.9M	$126.6M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	774.25	−0.088%	$951K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.91	−0.132%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	774.16	−0.099%	$4.8M	$937K	20x	as long as short
Bitget SPYUSDT	+0.0058%	8h	774.97	+0.005%	$10.8M	$3.1M	50x	as long as short
Nado SPY-PERP	+0.0071%	1h	774.58	−0.045%	$1.5M	$306K	20x	as long as short
Coinbase International SPY-PERP-INTX	+0.0080%	1h	774.48	−0.058%	$936K	$629K	20x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0086%	1h	774.87	−0.008%	$22K	$74K	20x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	774.36	−0.074%	$2.5M	$1.0M	20x	as long as short
ApeX Omni SPYUSDT	+0.0100%	1h	774.58	−0.045%	$154K	$32K	50x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.93	0.000%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	774.49	−0.057%	$87K	—	10x	as long as short
edgeX SPYUSDC	+0.0131%	4h	774.86	−0.009%	$640K	$240K	20x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0326% / S −0.1264%	1h	774.96	+0.003%	$25K	—	53x	as long as short