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 −0.043%

Price spread now: Bybit against MEXC0.000%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$150.149% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 7 days−0.057%−$6 · spread now 0.000%, 7d avg −0.016%

Together, before fees−0.149%−$15 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	774.26	0	get 0.0000% / 8h	1h 51m	$29.7M	$11.9M	100x
Short	Bybit SPYUSDT	774.26	0	get 0.0000% / 8h	1h 51m	$6.2M	$1.9M	100x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$10	1.6 bp −$811
Sell Bybit live order book, 1 min ago	0.65 bp	7.9 bp −$8	10.5 bp −$105	34.2 bp −$3,415	doesn't fit

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	−0.0219%	1h	773.48	−0.101%	$164K	$25K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.10	−0.021%	$419K	$473K	50x	as long as short
Phoenix SPY	−0.0114%	1h	773.72	−0.070%	$161K	$294K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0042%	1h	773.12	−0.147%	$4.7M	$832K	20x	as long as short
Nado SPY-PERP	−0.0030%	1h	774.10	−0.021%	$1.6M	$251K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.08	−0.023%	$864K	$195K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.26	0.000%	$28.6M	$79.0M	50x	as long as short
Bybit SPYUSDTshort	0.0000%	8h	774.26	0.000%	$6.2M	$1.9M	100x
OKX SPY-USDT-SWAP	0.0000%	8h	774.20	−0.008%	$8.0M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.85	−0.053%	$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_USDTlong	0.0000%	8h	774.26	long leg	$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	+0.026%	$169K	$351K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.39	+0.146%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.06	−0.026%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.45	+0.025%	$300K	$38K	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.62	+0.046%	$56.3M	$117.4M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0032%	1h	773.77	−0.063%	$950K	$556K	20x	as long as short
Lighter SPY	+0.0040%	1h	774.37	+0.014%	$8.2M	$18.5M	50x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.45	−0.105%	$927K	$1.4M	50x	as long as short
RISEx SPY/USDC	+0.0043%	1h	774.49	+0.030%	$7.0M	$4.2M	25x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.29	−0.125%	—	$123K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.51	−0.097%	$2.5M	$986K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.23	−0.004%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.68	−0.075%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.26	+0.001%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0615%	4h	774.11	−0.019%	$640K	$242K	20x	as long as short