SPY Funding Rate | Live Chart & Heatmap

Compare SPY perpetual funding rates across 25+ centralized and decentralized exchanges. View live rates, 30-day historical charts, and color-coded heatmaps to spot arbitrage opportunities.

SPY Funding Rates by Exchange

Track SPY funding rates on Binance, Bybit, OKX, Hyperliquid, Bitget, BingX, Gate.io, MEXC, KuCoin, Drift, and other exchanges. Identify which venues pay the highest or lowest SPY funding and how rates shift across different market conditions.

Why Track SPY Funding Rates?

Funding rates are periodic payments between long and short holders in SPY perpetual futures. Positive rates mean longs pay shorts (bullish crowding); negative rates mean shorts pay longs (bearish crowding). By comparing SPY funding across exchanges, traders can identify delta-neutral arbitrage strategies—going long on one exchange and short on another to capture the funding rate spread.

Key SPY Funding Metrics

• Current Rate: Live SPY funding rate in basis points and annualized APY across all exchanges.
• Historical Chart: 30-day SPY funding rate history with per-exchange overlays.
• Heatmap: Color-coded matrix showing SPY funding intensity across exchanges and time periods.