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 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: MEXC against Nado+0.038%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$140.137% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.044%+$4 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.038%, 7d avg +0.020%
Together, before fees−0.007%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SPY-PERP773.880.0000pay 0.0000% / 1h4m 46s$1.6M$275K20x
ShortMEXC SPY_USDT774.170get 0.0000% / 8h3h 04m$29.7M$12.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Nado. 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
−$0.02
Price spread: +0.038% → +0.020%
$1.83
Slippage, 4 orders
−$6.67
Fee Nado: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
−$11.87
Costs to cover
0.137%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; MEXC: live order book, 4 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 Nado live order book, 4 min ago0.13 bp6.5 bp −$717.3 bp −$17359.2 bp −$5,922doesn't fit
Sell MEXC live order book, 4 min ago0.06 bp0.1 bp $00.1 bp −$10.3 bp −$311.4 bp −$720

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
BloFin SPY-USDT−0.0120%8h774.14+0.034%$417K$471K50xas long as short
ApeX Omni SPYUSDT−0.0046%1h773.16−0.093%$163K$24K50xas long as short
Phoenix SPY−0.0010%1h773.62−0.033%$161K$295K20xas long as short
Aster SPYUSDT0.0000%8h774.07+0.025%$864K$194K20xas long as short
Binance SPYUSDT0.0000%8h774.19+0.040%$28.3M$79.7M50xas long as short
Bybit SPYUSDT0.0000%8h774.22+0.044%$6.3M$1.9M100xas long as short
OKX SPY-USDT-SWAP0.0000%8h774.10+0.029%$7.9M$3.3M50xas long as short
Gate SPY_USDT0.0000%8h773.73−0.019%$775K$2.4M75xas long as short
MEXC SPY_USDTshort0.0000%8h774.17+0.038%$29.7M$12.5M100x
Bitget SPYUSDT0.0000%8h774.35+0.061%$10.9M$1.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SPY_USDT_Perp0.0000%8h774.29+0.054%$158K$359K10xas long as short
SunX SPY-USDT0.0000%8h775.32+0.186%$2K$1.4M10xas long as short
Deribit SPY_USDC-PERPETUAL0.0000%1h774.00+0.016%$23K$56K20xas long as short
HTX SPY-USDT0.0000%8h774.43+0.071%$308K$20K50xas long as short
Nado SPY-PERPlong0.0000%1h773.88long leg$1.6M$275K20x
Lighter RH SPY+0.0040%1h774.55+0.087%$56.3M$118.7M50xas long as short
Ondo Perps SPY-USD.P+0.0040%1h773.00−0.113%$4.7M$831K20xas long as short
Arcus SPY-USD+0.0040%1h773.44−0.057%$928K$1.4M50xas long as short
Vest SPY-USD-PERP+0.0046%1h773.10−0.100%$123K50xas long as short
Coinbase International SPY-PERP-INTX+0.0056%1h773.90+0.003%$951K$558K20xas long as short
Lighter SPY+0.0088%1h774.30+0.055%$8.2M$19.3M50xas long as short
KuCoin SPYUSDTM+0.0100%8h773.45−0.055%$2.5M$972K20xas long as short
Orderly PERP_SPY_USDC_mythos+0.0100%8h774.16+0.037%$1K20xas long as short
RISEx SPY/USDC+0.0100%1h774.35+0.061%$7.0M$5.0M25xas long as short
Aevo SPY-PERP+0.0104%1h773.60−0.036%$87K10xas long as short
GMX SPY/USD [ETH-USDC]L +0.0209% / S −0.0429%1h774.18+0.040%$10K26xas long as short
edgeX SPYUSDC+0.0586%4h774.07+0.025%$640K$242K20xas long as short