SPY Funding Rates: Live Across 19 Exchanges

As of 2026-10-03 07:58 UTC, SPY perpetual funding averages 0.0007% per 8 hours (0.82% APR) across all 19 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: WhiteBIT at 0.0100% per 8h (10.95% APR). Lowest: Aster at 0.0000% per 8h (0.00% APR). Going long on Aster and short on WhiteBIT collects a gross spread of 0.0100% per 8 hours (10.95% APR) before fees.

Long SPY on Aster and short on WhiteBIT for a funding gap of 0.0100% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the SPY funding rate positive right now?

Mostly no. SPY funding is positive on 6 of the 19 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest SPY funding rate?

WhiteBIT at 0.0100% per 8h (10.95% APR). The lowest is Aster at 0.0000% per 8h (0.00% APR).

What is the SPY funding arbitrage spread?

The gross spread is 0.0100% per 8 hours (10.95% APR): long SPY on Aster and short on WhiteBIT. Trading fees, slippage and price basis reduce the net return.

How often is SPY funding paid?

SPY funding is paid every 8 hours on WhiteBIT, Deepcoin, WOOFi Pro, WEEX, Lighter, Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, HTX, BTSE, XT.COM, LBank, Toobit, and Aster; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.