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 +0.013%

Price spread now: Bitget against OKX+0.021%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.236% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.021%, 7d avg +0.017%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPY-USDT-SWAP	774.40	0	get 0.0000% / 8h	1h 16m	$7.9M	$3.3M	50x
Short	Bitget SPYUSDT	774.56	0	get 0.0000% / 8h	1h 16m	$10.9M	$1.8M	50x

Funding history

latest

Range statsloading…

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.021%Rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 2 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	0.06 bp	5.1 bp −$5	7.4 bp −$74	18.2 bp −$1,818	doesn't fit
Sell Bitget live order book, 2 min ago	0.06 bp	6.7 bp −$7	8.9 bp −$89	16.9 bp −$1,685	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	−0.0240%	1h	773.48	−0.119%	$164K	$25K	50x	as long as short
BloFin SPY-USDT	−0.0120%	8h	774.09	−0.040%	$418K	$471K	50x	as long as short
Phoenix SPY	−0.0114%	1h	774.01	−0.050%	$161K	$294K	20x	as long as short
Ondo Perps SPY-USD.P	−0.0028%	1h	773.40	−0.129%	$4.8M	$870K	20x	as long as short
Nado SPY-PERP	−0.0020%	1h	774.24	−0.020%	$1.6M	$253K	20x	as long as short
Aster SPYUSDT	0.0000%	8h	774.34	−0.008%	$864K	$198K	20x	as long as short
Binance SPYUSDT	0.0000%	8h	774.42	+0.003%	$28.7M	$78.9M	50x	as long as short
Bybit SPYUSDT	0.0000%	8h	774.33	−0.009%	$6.2M	$1.7M	100x	as long as short
OKX SPY-USDT-SWAPlong	0.0000%	8h	774.40	long leg	$7.9M	$3.3M	50x
Gate SPY_USDT	0.0000%	8h	773.92	−0.062%	$770K	$2.5M	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_USDT	0.0000%	8h	774.41	+0.001%	$29.7M	$11.9M	100x	as long as short
Bitget SPYUSDTshort	0.0000%	8h	774.56	+0.021%	$10.9M	$1.8M	50x
GRVT SPY_USDT_Perp	0.0000%	8h	774.43	+0.004%	$158K	$361K	10x	as long as short
SunX SPY-USDT	0.0000%	8h	775.53	+0.146%	$2K	$1.4M	10x	as long as short
Deribit SPY_USDC-PERPETUAL	0.0000%	1h	774.10	−0.039%	$23K	$56K	20x	as long as short
HTX SPY-USDT	0.0000%	8h	774.68	+0.036%	$300K	$38K	50x	as long as short
Lighter SPY	+0.0032%	1h	774.53	+0.017%	$8.2M	$18.6M	50x	as long as short
Lighter RH SPY	+0.0032%	1h	774.75	+0.045%	$56.5M	$120.0M	50x	as long as short
Coinbase International SPY-PERP-INTX	+0.0032%	1h	773.92	−0.062%	$950K	$532K	20x	as long as short
Arcus SPY-USD	+0.0040%	1h	773.54	−0.111%	$927K	$1.4M	50x	as long as short
RISEx SPY/USDC	+0.0043%	1h	774.61	+0.028%	$7.1M	$4.1M	25x	as long as short
Vest SPY-USD-PERP	+0.0046%	1h	773.46	−0.121%	—	$123K	50x	as long as short
KuCoin SPYUSDTM	+0.0100%	8h	773.54	−0.111%	$2.5M	$1.0M	20x	as long as short
Orderly PERP_SPY_USDC_mythos	+0.0100%	8h	774.30	−0.013%	$1K	—	20x	as long as short
Aevo SPY-PERP	+0.0104%	1h	773.85	−0.072%	$87K	—	10x	as long as short
GMX SPY/USD [ETH-USDC]	L +0.0209% / S −0.0429%	1h	774.42	+0.003%	$10K	—	26x	as long as short
edgeX SPYUSDC	+0.0817%	4h	774.23	−0.022%	$640K	$242K	20x	as long as short