# SPY Funding Rates

As of 2026-10-03 22:52 UTC, SPY perpetual funding averages 0.0004% per 8 hours (0.49% APR) across all 19 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Deepcoin at 0.0100% per 8h (10.95% APR). Lowest: WhiteBIT at -0.0100% per 8h (-10.95% APR). Going long on WhiteBIT and short on Deepcoin collects a gross spread of 0.0200% per 8 hours (21.90% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Deepcoin](https://arbtide.com/funding-rates/spy/deepcoin) | [SPY/USDT:USDT](https://www.deepcoin.com/en/swap/SPY-USDT) | 0.0100% | 8h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/spy/woofipro) | [SPY/USDC:USDC](https://pro.woofi.com/en/trade/SPY_PERP) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/spy/cryptocom) | [SPY/USD:USD](https://crypto.com/exchange/trade/SPYUSD-PERP) | 0.0006% | 1h | 5.00% | 2026-10-03 23:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/spy/lighter) | [SPY/USDC:USDC](https://app.lighter.xyz/trade/SPY) | 0.0032% | 8h | 3.50% | — |
| [WEEX](https://arbtide.com/funding-rates/spy/weex) | [SPY/USDT:USDT](https://www.weex.com/futures/SPY-USDT) | 0.0001% | 8h | 0.07% | 2026-10-03 22:52 UTC |
| [Binance](https://arbtide.com/funding-rates/spy/binance) | [SPY/USDT:USDT](https://www.binance.com/en/futures/SPYUSDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/spy/bybit) | [SPY/USDT:USDT](https://www.bybit.com/trade/usdt/SPYUSDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/spy/okx) | [SPY/USDT:USDT](https://www.okx.com/trade-swap/spy-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/spy/bitget) | [SPY/USDT:USDT](https://www.bitget.com/futures/usdt/SPYUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/spy/gate) | [SPY/USDT:USDT](https://www.gate.com/futures/USDT/SPY_USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/spy/kucoin) | [SPY/USDT:USDT](https://www.kucoin.com/trade/futures/SPYUSDTM) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/spy/mexc) | [SPY/USDT:USDT](https://www.mexc.com/futures/SPY_USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [HTX](https://arbtide.com/funding-rates/spy/htx) | [SPY/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=SPY-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/spy/btse) | [SPY/USDT:USDT](https://www.btse.com/en/futures/SPY-PERP) | 0.0000% | 8h | 0.00% | — |
| [XT.COM](https://arbtide.com/funding-rates/spy/xt) | [SPY/USDT:USDT](https://www.xt.com/en/futures/trade/spy_usdt) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/spy/lbank) | [SPY/USDT:USDT](https://www.lbank.com/futures/spyusdt) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/spy/toobit) | [SPY/USDT:USDT](https://www.toobit.com/en-US/futures/SPY-SWAP-USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Aster](https://arbtide.com/funding-rates/spy/aster) | [SPY/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SPYUSDT) | 0.0000% | 8h | 0.00% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/spy/whitebit) | [SPY/USDT:USDT](https://whitebit.com/trade/SPY-PERP?type=futures) | -0.0100% | 8h | -10.95% | 2026-10-04 00:00 UTC |

## Frequently asked questions

### Is the SPY funding rate positive right now?

Mostly no. SPY funding is positive on 5 of the 19 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SPY funding rate?

Deepcoin at 0.0100% per 8h (10.95% APR). The lowest is WhiteBIT at -0.0100% per 8h (-10.95% APR).

### What is the SPY funding arbitrage spread?

The gross spread is 0.0200% per 8 hours (21.90% APR): long SPY on WhiteBIT and short on Deepcoin. Trading fees, slippage and price basis reduce the net return.

### How often is SPY funding paid?

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