SPY funding rate on Decibel
Over the last 9.8 days, SPY funding on Decibel averaged -4.3% APR and stayed positive 58.9% of the time, ranging from -189.2% to +110.3%. Right now it pays longs pay shorts at +10.5% APR, settled every 1h across 6 venues we track. The most reliable delta-neutral pairing for SPY right now is long Grvt / short Lighter at +1.7% net APR (low risk, ~1.4d to break even).
SPY funding history on Decibellast 10d
- Backtested (30d)
- +8.7%
- Stability
- 43.1%
- Risk
- low
- Breakeven
- ~1.4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How SPY funding compares across venues
Frequently asked
What is the current SPY funding rate on Decibel?
SPY on Decibel is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-06-13 14:09 UTC.
How often does Decibel pay funding on SPY?
Every 1 hour.
How do I earn SPY funding without price risk?
Open a delta-neutral position: long Grvt and short Lighter, currently 1.7% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.