SPY funding arbitrage: arcus vs variational

Long SPY-USD on arcus against short US500 on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongarcusSPY-USD0.0005% / 1h+4.21%$6.86M$1.15M
ShortvariationalUS5000.0012% / 8h+1.27%$6.81M$56.35M

Live funding and price spread for this pair update on the page.

Data generated at 2026-09-01T05:32:49Z. Live numbers load on this page automatically.