SPY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.043%

Price spread now: SunX against MEXC+0.160%7-day average +0.143% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$235as in the Price arb table

costs, in and out, $10k−$2372.366% 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 3 days (all we have)−0.007%−$1 · spread now +0.160%, 7d avg +0.143%

Together, before fees−0.098%−$10 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	774.38	0.0007	pay 0.0007% / 8h	5h 48m	$21.9M	$11.7M	100x
Short	SunX SPY-USDT	775.62	0	get 0.0000% / 8h	5h 48m	$2K	$1.4M	10x

Funding history

latest

Range statsloading…

SunX 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 SunXbpOrdersPrice spread, now +0.160%Rate

Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 6 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, 5 min ago	0.06 bp	0.1 bp $0	0.1 bp −$1	0.1 bp −$14	1.3 bp −$669
Sell SunX live order book, 6 min ago	29.07 bp	128.9 bp −$129	doesn't fit	doesn't fit	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
Phoenix SPY	−0.0021%	1h	774.14	−0.031%	$161K	$295K	20x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.45	+0.009%	$6.3M	$2.0M	100x	as long as short
OKX SPY-USDT-SWAP	0.0000%	8h	774.58	+0.026%	$7.9M	$3.3M	50x	as long as short
Gate SPY_USDT	0.0000%	8h	773.94	−0.057%	$780K	$2.4M	75x	as long as short
Bitget SPYUSDT	0.0000%	8h	774.51	+0.017%	$10.9M	$2.0M	50x	as long as short
GRVT SPY_USDT_Perp	0.0000%	8h	774.50	+0.015%	$161K	$380K	10x	as long as short
SunX SPY-USDTshort	0.0000%	8h	775.62	+0.160%	$2K	$1.4M	10x
HTX SPY-USDT	0.0000%	8h	774.74	+0.046%	$308K	$20K	50x	as long as short
Aster SPYUSDT	+0.0002%	8h	774.48	+0.013%	$863K	$203K	20x	as long as short
MEXC SPY_USDTlong	+0.0007%	8h	774.38	long leg	$21.9M	$11.7M	100x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SPYUSDT	+0.0008%	8h	774.39	+0.001%	$28.4M	$79.9M	50x	as long as short
ApeX Omni SPYUSDT	+0.0016%	1h	773.25	−0.146%	$162K	$24K	50x	as long as short
Nado SPY-PERP	+0.0029%	1h	774.05	−0.042%	$1.5M	$288K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.53	−0.110%	$935K	$1.3M	50x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.18	−0.155%	—	$123K	50x	as long as short
Ondo Perps SPY-USD.P	+0.0050%	1h	773.71	−0.087%	$4.8M	$841K	20x	as long as short
Lighter SPY	+0.0056%	1h	774.29	−0.012%	$8.3M	$21.0M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0056%	1h	774.05	−0.043%	$954K	$552K	20x	as long as short
RISEx SPY/USDC	+0.0097%	1h	774.56	+0.023%	$7.0M	$5.2M	25x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.64	−0.096%	$2.5M	$972K	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.28	−0.013%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.85	−0.069%	$87K	—	10x	as long as short
Lighter RH SPY	+0.0112%	1h	774.67	+0.037%	$56.6M	$112.3M	50x	as long as short
Deribit SPY_USDC-PERPETUAL	+0.0202%	1h	774.16	−0.028%	$23K	$55K	20x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.43	+0.007%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0867%	4h	774.35	−0.004%	$640K	$241K	20x	as long as short