Spread before costs (cost unknown: a leg has no order-book sample)+0.023%
7d average—if it closes, per $10,000$2funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPY-USDT-SWAP | 774.09 | 0 | get 0.0000% / 8h | 5h 21m | $8.1M | $3.2M | 50x |
| Short | Orderly PERP_SPY_USDC_mythos | 774.27 | 0.0100 | get 0.0100% / 8h | 5h 21m | $1K | — | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.33
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.67
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- Average in range /8h
- —
Cost to enter
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, 3 min ago | 0.06 bp | 5.6 bp −$6 | 7.7 bp −$77 | 18.2 bp −$1,820 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPY price on every exchange
against the cheapest. Click to use as the short leg.SPY on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SPY-USD.P | −0.141% | −0.0166% | 1h | $4.7M | $778K | 20x | as long as short |
| Vest SPY-USD-PERP | −0.084% | +0.0046% | 1h | — | $100K | 50x | as long as short |
| KuCoin SPYUSDTM | −0.083% | +0.0100% | 8h | $2.5M | $1.1M | 20x | as long as short |
| Phoenix SPY | −0.070% | −0.0404% | 1h | $161K | $295K | 20x | as long as short |
| Arcus SPY-USD | −0.061% | +0.0040% | 1h | $943K | $1.3M | 50x | as long as short |
| Aevo SPY-PERP | −0.055% | +0.0104% | 1h | $87K | — | 10x | as long as short |
| Gate SPY_USDT | −0.054% | 0.0000% | 8h | $739K | $2.0M | 75x | as long as short |
| Nado SPY-PERP | −0.054% | −0.0035% | 1h | $1.5M | $268K | 20x | as long as short |
| ApeX Omni SPYUSDT | −0.032% | +0.0100% | 1h | $154K | $32K | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | −0.018% | +0.0104% | 1h | $932K | $606K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.018% | −0.0120% | 8h | $430K | $716K | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | −0.008% | 0.0000% | 1h | $22K | $73K | 20x | as long as short |
| Aster SPYUSDT | −0.007% | +0.0001% | 8h | $864K | $274K | 20x | as long as short |
| edgeX SPYUSDC | −0.007% | +0.0224% | 4h | $640K | $240K | 20x | as long as short |
| Bybit SPYUSDT | −0.006% | 0.0000% | 8h | $6.2M | $2.2M | 100x | as long as short |
| OKX SPY-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $8.1M | $3.2M | 50x | |
| GMX SPY/USD [ETH-USDC] | +0.007% | L +0.0327% / S −0.2140% | 1h | $24K | — | 53x | as long as short |
| MEXC SPY_USDT | +0.008% | 0.0000% | 8h | $29.2M | $11.2M | 100x | as long as short |
| Binance SPYUSDT | +0.009% | 0.0000% | 8h | $29.0M | $82.7M | 50x | as long as short |
| HTX SPY-USDT | +0.009% | 0.0000% | 8h | $308K | $23K | 50x | as long as short |
| Bitget SPYUSDT | +0.017% | +0.0093% | 8h | $10.9M | $3.1M | 50x | as long as short |
| RISEx SPY/USDC | +0.018% | 0.0000% | 1h | $7.0M | $5.7M | 25x | as long as short |
| Lighter SPY | +0.021% | +0.0032% | 1h | $9.0M | $21.3M | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythosshort | +0.023% | +0.0100% | 8h | $1K | — | 20x | |
| Lighter RH SPY | +0.076% | +0.0032% | 1h | $57.0M | $123.9M | 50x | as long as short |
| SunX SPY-USDT | +0.145% | 0.0000% | 8h | $2K | $1.6M | 10x | as long as short |
OKX SPY-USDT-SWAP
KuCoin
Phoenix
Gate
ApeX Omni
Coinbase International
BloFin
Deribit
Aster
Bybit
GMX
MEXC
Binance
HTX
Bitget
RISEx
Lighter
Lighter RH
SunX