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SPDR S&P 500 ETF Trust (SPY) arbitrage

SPY on 3 exchanges spot and 20 in futures: live routes, past spreads and how long they last.

Prices at · open routes a minute older; real time in the scanners on paid plans · How we count

Price
$763.8550
24h volume
$65.5M
Exchanges
21
3 spot · 20 futures
Routes now
0
0 take · 0 risky
Gaps in 7 days
46
46 over a minute

SPDR S&P 500 ETF Trust (SPY) right now

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 46 times, and 46 of them lasted a minute or longer; one usually closed within 11 h 35 min.

Funding per 8 hours runs from −0.0120% on BloFin to 0.0100% on Deepcoin, across 15 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

SPDR S&P 500 ETF Trust (SPY) arbitrage opportunities now

No route is profitable after fees right now.

SPDR S&P 500 ETF Trust (SPY) arbitrage strategy

No SPY route worth taking with an open transfer right now. Fresh routes are in the scanner.

SPDR S&P 500 ETF Trust (SPY) price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 3

ExchangeBidAskBook spread24h volume
XTSPY/USDT762.3200765.39000.40%$275.6K
HyperliquidSPY/USDC700.0000800.000013.33%no trades
WEEXSPY/USDT760.1600760.26000.01%no trades

Perpetual futures · 20

ExchangeBidAskBook spreadFunding24h volume
BybitSPY/USDT762.6500762.66000.00%0.0000%/8h$21.9M
DeepcoinSPY/USDT762.7300762.74000.00%0.0100%/8h$14.7M
LighterSPY/USDC761.7100761.75000.01%0.0004%/1h$7.9M
XTSPY/USDT762.7300762.74000.00%0.0000%/8h$4.8M
MEXCSPY/USDT762.7300762.74000.00%0.0000%/8h$4M
GateSPY/USDT762.7300762.74000.00%0.0000%/8h$3M
OKXSPY/USDT762.7400762.75000.00%0.0000%/8h$2.9M
WEEXSPY/USDT762.7000762.74000.01%−0.0016%/8h$2.8M
BTSESPY/USDT762.7400762.76000.00%0.0000%/8h$830K
KuCoinSPY/USDT762.2100762.32000.01%0.0000%/8h$799.3K
BitgetSPY/USDT762.7500762.76000.00%0.0000%/8h$658.5K
BloFinSPY/USDT762.7200762.75000.00%−0.0120%/8h$325K

How often SPDR S&P 500 ETF Trust (SPY) spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

MarketRouteOver a minuteGapsMedian lifetime
spot ↔ perpWEEX spot → MEXC perp8848 min 33 s
spot ↔ perpWEEX spot → Aster perp331 h 48 min
spot ↔ perpWEEX spot → WEEX perp2210 h 23 min
spot ↔ perpWEEX spot → Gate perp2211 h 39 min
spot ↔ perpWEEX spot → Toobit perp2210 h 29 min
perp ↔ perpMEXC perp → XT perp115 min 51 s
perp ↔ perpMEXC perp → Crypto.com perp117 min 54 s
perp ↔ perpMEXC perp → Bitget perp116 min 12 s
spot ↔ perpWEEX spot → Mode Trade perp1111 h 39 min
spot ↔ perpWEEX spot → OKX perp1111 h 39 min
perp ↔ perpMEXC perp → WEEX perp115 min 30 s
spot ↔ perpWEEX spot → KuCoin perp1111 h 38 min
perp ↔ perpMEXC perp → WhiteBIT perp115 min 38 s
perp ↔ perpMEXC perp → Toobit perp115 min 53 s
spot ↔ perpWEEX spot → Bybit perp1111 h 38 min
perp ↔ perpMEXC perp → OKX perp115 min 48 s
spot ↔ perpWEEX spot → BTSE perp1111 h 39 min
perp ↔ perpMEXC perp → KuCoin perp115 min 48 s
spot ↔ perpWEEX spot → WhiteBIT perp1111 h 39 min
perp ↔ perpMEXC perp → Binance perp116 min 09 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

NetworkExchangeDepositWithdrawWithdrawal fee
BSCLATOKENBSC_TOKENn/an/a—
MEXCclosedopen0 SPY
ETHGateclosedclosed—
ROBINHOODXTclosedclosed0.01 SPY
SPYLBankspyn/aclosed—

Gaps of a minute or longer, last 7 days

When (UTC)MarketRouteSpreadLastedTransfer
Oct 23, 08:01 AMspot ↔ perpWEEX → MEXC0.120%19 min 39 s—
Oct 23, 06:14 AMspot ↔ perpWEEX → MEXC0.116%48 min 33 s—
Oct 23, 12:38 AMspot ↔ perpWEEX → MEXC0.125%27 min 42 s—
Oct 22, 09:58 PMspot ↔ perpWEEX → MEXC0.122%1 h 28 min—
Oct 22, 08:01 PMspot ↔ perpWEEX → Aster0.112%7 min 57 s—
Oct 22, 08:00 PMspot ↔ perpWEEX → MEXC0.135%9 min 42 s—
Oct 21, 09:22 AMspot ↔ perpWEEX → MEXC0.112%10 min 39 s—
Oct 21, 07:09 AMspot ↔ perpWEEX → Toobit0.168%1 h 01 min—
Oct 21, 07:08 AMspot ↔ perpWEEX → WEEX0.123%1 h 02 min—
Oct 20, 08:57 PMspot ↔ perpWEEX → Deepcoin0.137%1 h 44 min—
Oct 20, 08:35 PMspot ↔ perpWEEX → BloFin0.271%11 h 36 min—
Oct 20, 08:34 PMspot ↔ perpWEEX → WEEX0.272%10 h 23 min—
Oct 20, 08:33 PMspot ↔ perpWEEX → Bybit0.306%11 h 38 min—
Oct 20, 08:32 PMspot ↔ perpWEEX → Crypto.com0.289%11 h 38 min—
Oct 20, 08:32 PMspot ↔ perpWEEX → KuCoin0.302%11 h 39 min—
Oct 20, 08:32 PMspot ↔ perpWEEX → BTSE0.314%11 h 39 min—
Oct 20, 08:32 PMspot ↔ perpWEEX → Mode Trade0.315%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → WOOFi Pro0.315%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → Gate0.330%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → OKX0.324%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → WhiteBIT0.321%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → XT0.317%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → Lighter0.314%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → Bitget0.320%11 h 39 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → Toobit0.336%10 h 30 min—
Oct 20, 08:31 PMspot ↔ perpWEEX → Binance0.337%11 h 39 min—
Oct 20, 08:28 PMspot ↔ perpWEEX → Aster0.362%11 h 42 min—
Oct 20, 08:00 PMspot ↔ perpWEEX → MEXC0.397%12 h 11 min—
Oct 20, 02:14 AMspot ↔ perpWEEX → Gate0.115%1 h 41 min—
Oct 20, 02:13 AMspot ↔ perpWEEX → Aster0.120%1 h 48 min—
Oct 20, 01:40 AMspot ↔ perpWEEX → MEXC0.142%2 h 45 min—
Oct 18, 10:02 PMperp ↔ perpMEXC → WEEX0.103%5 min 30 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → WhiteBIT0.113%5 min 39 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → KuCoin0.126%5 min 48 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → OKX0.148%5 min 48 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → BTSE0.138%5 min 51 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → Lighter0.139%5 min 51 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → BloFin0.114%5 min 51 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → XT0.140%5 min 51 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → Toobit0.121%5 min 54 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → Bybit0.154%5 min 54 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → Binance0.170%6 min 09 s—
Oct 18, 10:02 PMperp ↔ perpMEXC → Bitget0.161%6 min 12 s—
Oct 18, 10:01 PMperp ↔ perpMEXC → Gate0.156%7 min 09 s—
Oct 18, 10:01 PMperp ↔ perpMEXC → Aster0.219%7 min 09 s—
Oct 18, 10:00 PMperp ↔ perpMEXC → Crypto.com0.200%7 min 54 s—

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on SPDR S&P 500 ETF Trust (SPY)

SPY funding rates by exchange →

SPY trades on: Bybit, Deepcoin, Lighter, XT, MEXC, Gate, OKX, WEEX, BTSE, KuCoin, Bitget, BloFin and 8 more

SPY listings in 30 days

FAQ

Why is the SPDR S&P 500 ETF Trust (SPY) spread so high on some exchanges?

No SPY route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from Hyperliquid and WEEX, so a transfer there cannot be checked.