SPY 永续合约
同一币种，跨交易所比较资金成本。
数据更新于 2026-11-11 02:39 UTC
SPY 在 6 个合约上有报价。当前费率数值最高的是 Aster（年化 +27.92%，费率基期 8 小时）， 最低的是 欧易（0.00%），相差 27.92 个百分点。 这些合约的费率基期都是 8 小时。
当前费率最高
+27.92%
Aster · 8h
当前费率最低
0.00%
欧易 · 8h
费率差
27.92
个百分点
30 天区间年化最高
+7.88%
Bitget
各场所对比
| 场所 | 费率 | 年化 | 30 天实付年化 | 最大杠杆 | 24h 成交额 | 操作 |
|---|---|---|---|---|---|---|
| Aster链上SPYUSDT | +0.0255%8小时 | +27.92% | +5.00% |
20x | 618.6K | |
| Gate中心化SPY_USDT | +0.0243%8小时 | +26.61% | +2.30% |
75x | 11.5M | |
| Bitget中心化SPYUSDT | +0.0075%8小时 | +8.21% | +7.88% |
50x | 2.7M | |
| Lighter链上SPY | +0.0032%8小时 | +3.50% | — 暂无历史 |
50x | 23.8M | |
| Bybit中心化SPYUSDT | 0.0000%8小时 | 0.00% | +2.50% |
100x | 18.3M | |
| 欧易中心化SPY-USDT-SWAP | 0.0000%8小时 | 0.00% | +2.88% |
50x | 12.1M |
常见问题
哪些交易所有 SPY 永续合约？
SPY 目前共有 6 个永续合约，分布在 6 个场所：Aster、Bitget、Bybit、Gate、Lighter 和欧易。成交最活跃的是 Lighter，过去 24 小时成交 $23.8M，占全部场所的 34%。
SPY 的资金费率现在哪里最低？
对多头最有利的是年化 0.00%，在欧易；对空头最有利的是 +27.92%，在 Aster，两者相差 27.92 个百分点。
10,000 USDT 的 SPY 仓位每天要付多少资金费？
按当前费率，10,000 USDT 的多头每天约付 +7.65 USDT（Aster）和 0.00 USDT（欧易）。过去 30 天，Aster 实际结算下来，同样仓位平均每天 +1.37 USDT。
SPY 的资金费多久结算一次？
各场所不同：Lighter 每 1 小时；Aster、Bitget、Bybit、Gate 和欧易每 8 小时。
SPY 过去 30 天的资金费实际付了多少？
实际结算最高的是 Bitget：年化 +7.88%，共 90 次结算，其中 0% 为负。最低的是 Gate，年化 +2.30%。5 个合约（共 6 个）有至少一周的已结算历史可供衡量。
SPY 最高能开多少倍杠杆？
已采集的最高杠杆上限是 100x，在 Bybit。Bybit 的这一上限适用于名义价值 10K USDT 以内，超过后降到 50x。
延伸阅读美股永续合约 6 家交易所对比：杠杆、资金费率与深度跨所资金费率差：从毛费率差算到净损益资金费用怎么算：正负费率、仓位与结算强平价格怎么算：分档维持保证金与速算扣减
SPY 对比范围与资金费方向
本页保留 SPY 的低成交额合约，不使用总榜的 100 万美元门槛。正费率多头付空头，负费率反向；“最高/最低”不是收益推荐。这些合约分别以 USD 和 USDT 报价，比较前请打开合约参数核对结算币种和合约乘数。费率年化口径 · 官方来源。
费率与图表说明
区间年化按该合约在窗口内实际结算的费率求和，再按这些结算覆盖的小时数折算成年化——不是把当前费率外推。上市不足 30 天的合约按其自身区间折算。灰线为零轴：线在上方表示多头付费，下方表示空头付费。本列各行共用同一纵向标尺，可直接横向比较波动幅度。
交易链接说明
合作披露：通过部分链接注册并交易，本站可能获得佣金。数据展示与排名不受合作关系影响。
各场所保证金阶梯
Aster · SPYUSDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 1000000 quote | 2.5000% | 20.00x | — |
| 2 | 1000000 – 2000000 quote | 5.0000% | 10.00x | 25000 |
| 3 | 2000000 – 5000000 quote | 10.0000% | 5.00x | 125000 |
| 4 | 5000000 – 10000000 quote | 12.5000% | 4.00x | 250000 |
| 5 | 10000000 – 20000000 quote | 16.6700% | 3.00x | 667000 |
| 6 | 20000000 – 40000000 quote | 25.0000% | 2.00x | 2333000 |
| 7 | 40000000 – 1000000000 quote | 50.0000% | 1.00x | 12333000 |
Gate · SPY_USDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 0.8333% | 75.00x | — |
| 2 | 10000 – 20000 quote | 1.0000% | 60.00x | 16.67 |
| 3 | 20000 – 30000 quote | 1.2000% | 50.00x | 56.67 |
| 4 | 30000 – 50000 quote | 1.5000% | 40.00x | 146.67 |
| 5 | 50000 – 70000 quote | 1.8000% | 35.00x | 296.67 |
| 6 | 70000 – 100000 quote | 2.0000% | 30.00x | 436.67 |
| 7 | 100000 – 200000 quote | 2.5000% | 25.00x | 936.67 |
| 8 | 200000 – 300000 quote | 3.5000% | 20.00x | 2936.67 |
| 9 | 300000 – 500000 quote | 4.0000% | 16.00x | 4436.67 |
| 10 | 500000 – 700000 quote | 5.0000% | 12.00x | 9436.67 |
| 11 | 700000 – 1000000 quote | 6.0000% | 10.00x | 16436.67 |
| 12 | 1000000 – 1500000 quote | 8.0000% | 8.00x | 36436.67 |
| 13 | 1500000 – 2000000 quote | 10.0000% | 5.00x | 66436.67 |
| 14 | 2000000 – 3000000 quote | 15.0000% | 4.00x | 166436.67 |
| 15 | 3000000 – 5000000 quote | 20.0000% | 3.00x | 316436.67 |
| 16 | 5000000 – 7000000 quote | 30.0000% | 2.00x | 816436.67 |
| 17 | 7000000 – 10000000 quote | 40.0000% | 1.80x | 1516436.67 |
| 18 | 10000000 – 15000000 quote | 50.0000% | 1.50x | 2516436.67 |
| 19 | 15000000 – 20000000 quote | 60.0000% | 1.20x | 4016436.67 |
| 20 | 20000000 – ∞ quote | 80.0000% | 1.05x | 8016436.67 |
Bitget · SPYUSDT 无扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 1.0000% | 50.00x | — |
| 2 | 10000 – 100000 quote | 2.0000% | 25.00x | — |
| 3 | 100000 – 500000 quote | 2.5000% | 20.00x | — |
| 4 | 500000 – 2000000 quote | 5.0000% | 10.00x | — |
| 5 | 2000000 – 5000000 quote | 10.0000% | 5.00x | — |
| 6 | 5000000 – 10000000 quote | 12.5000% | 4.00x | — |
| 7 | 10000000 – 20000000 quote | 30.0000% | 2.00x | — |
| 8 | 20000000 – ∞ quote | 60.0000% | 1.00x | — |
Lighter · SPY 无扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 1.2000% | 50.00x | — |
Bybit · SPYUSDT 带扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 0.7000% | 100.00x | — |
| 2 | 10000 – 50000 quote | 1.0000% | 50.00x | 30 |
| 3 | 50000 – 100000 quote | 1.2500% | 40.00x | 155 |
| 4 | 100000 – 150000 quote | 1.6700% | 30.00x | 575 |
| 5 | 150000 – 200000 quote | 2.0000% | 25.00x | 1070 |
| 6 | 200000 – 300000 quote | 2.0800% | 24.00x | 1230 |
| 7 | 300000 – 400000 quote | 2.1700% | 23.00x | 1500 |
| 8 | 400000 – 500000 quote | 2.2700% | 22.00x | 1900 |
| 9 | 500000 – 600000 quote | 2.3800% | 21.00x | 2450 |
| 10 | 600000 – 800000 quote | 2.5000% | 20.00x | 3170 |
| 11 | 800000 – 1000000 quote | 2.6300% | 19.00x | 4210 |
| 12 | 1000000 – 1500000 quote | 2.7800% | 18.00x | 5710 |
| 13 | 1500000 – 2000000 quote | 2.9400% | 17.00x | 8110 |
| 14 | 2000000 – 2500000 quote | 3.1300% | 16.00x | 11910 |
| 15 | 2500000 – 3000000 quote | 3.3300% | 15.00x | 16910 |
| 16 | 3000000 – 3500000 quote | 3.5700% | 14.00x | 24110 |
| 17 | 3500000 – 4000000 quote | 3.8500% | 13.00x | 33910 |
| 18 | 4000000 – 4500000 quote | 4.1700% | 12.00x | 46710 |
| 19 | 4500000 – 5000000 quote | 4.5500% | 11.00x | 63810 |
| 20 | 5000000 – 6000000 quote | 5.0000% | 10.00x | 86310 |
| 21 | 6000000 – 7000000 quote | 5.5600% | 9.00x | 119910 |
| 22 | 7000000 – 8000000 quote | 6.2500% | 8.00x | 168210 |
| 23 | 8000000 – 9000000 quote | 7.1400% | 7.00x | 239410 |
| 24 | 9000000 – 10000000 quote | 8.3300% | 6.00x | 346510 |
| 25 | 10000000 – 11000000 quote | 10.0000% | 5.00x | 513510 |
| 26 | 11000000 – 20000000 quote | 12.5000% | 4.00x | 788510 |
| 27 | 20000000 – 30000000 quote | 16.6700% | 3.00x | 1622510 |
| 28 | 30000000 – 40000000 quote | 20.0000% | 2.50x | 2621510 |
| 29 | 40000000 – 70000000 quote | 25.0000% | 2.00x | 4621510 |
| 30 | 70000000 – ∞ quote | 50.0000% | 1.00x | 22121510 |
欧易 · SPY-USDT-SWAP 无扣减项
| 档位 | 区间 | 维持保证金率 | 最大杠杆 | 速算扣减 |
|---|---|---|---|---|
| 1 | 0 – 202.5 base | 0.6500% | 50.00x | — |
| 2 | 202.51 – 405 base | 1.0000% | 40.00x | — |
| 3 | 405.01 – 810 base | 1.5000% | 20.00x | — |
| 4 | 810.01 – 1620 base | 2.0000% | 18.18x | — |
| 5 | 1620.01 – 2430 base | 2.5000% | 16.66x | — |
| 6 | 2430.01 – 3240 base | 3.0000% | 15.38x | — |
| 7 | 3240.01 – 4050 base | 3.5000% | 14.28x | — |
| 8 | 4050.01 – 4860 base | 4.0000% | 13.33x | — |
| 9 | 4860.01 – 5670 base | 4.5000% | 12.50x | — |
| 10 | 5670.01 – 6480 base | 5.0000% | 11.76x | — |
| 11 | 6480.01 – 7290 base | 5.5000% | 11.11x | — |
| 12 | 7290.01 – 8100 base | 6.0000% | 10.52x | — |
| 13 | 8100.01 – 8910 base | 6.5000% | 10.00x | — |
| 14 | 8910.01 – 9720 base | 7.0000% | 9.52x | — |
| 15 | 9720.01 – 10530 base | 7.5000% | 9.09x | — |
| 16 | 10530.01 – 11340 base | 8.0000% | 8.69x | — |
| 17 | 11340.01 – 12150 base | 8.5000% | 8.33x | — |
| 18 | 12150.01 – 12960 base | 9.0000% | 8.00x | — |
| 19 | 12960.01 – 13770 base | 9.5000% | 7.69x | — |
| 20 | 13770.01 – 14580 base | 10.0000% | 7.40x | — |
| 21 | 14580.01 – 15390 base | 10.5000% | 7.14x | — |
| 22 | 15390.01 – 16200 base | 11.0000% | 6.89x | — |
| 23 | 16200.01 – 17010 base | 11.5000% | 6.66x | — |
| 24 | 17010.01 – 17820 base | 12.0000% | 6.45x | — |
| 25 | 17820.01 – 18630 base | 12.5000% | 6.25x | — |
| 26 | 18630.01 – 19440 base | 13.0000% | 6.06x | — |
| 27 | 19440.01 – 20250 base | 13.5000% | 5.88x | — |
| 28 | 20250.01 – 21060 base | 14.0000% | 5.71x | — |
| 29 | 21060.01 – 21870 base | 14.5000% | 5.55x | — |
| 30 | 21870.01 – 22680 base | 15.0000% | 5.40x | — |
| 31 | 22680.01 – 23490 base | 15.5000% | 5.26x | — |
| 32 | 23490.01 – 24300 base | 16.0000% | 5.12x | — |
| 33 | 24300.01 – 25110 base | 16.5000% | 5.00x | — |
| 34 | 25110.01 – 25920 base | 17.0000% | 4.87x | — |
| 35 | 25920.01 – 26730 base | 17.5000% | 4.76x | — |
| 36 | 26730.01 – 27540 base | 18.0000% | 4.65x | — |
| 37 | 27540.01 – 28350 base | 18.5000% | 4.54x | — |
| 38 | 28350.01 – 29160 base | 19.0000% | 4.44x | — |
| 39 | 29160.01 – 29970 base | 19.5000% | 4.34x | — |
| 40 | 29970.01 – 30780 base | 20.0000% | 4.25x | — |
| 41 | 30780.01 – 31590 base | 20.5000% | 4.16x | — |
| 42 | 31590.01 – 32400 base | 21.0000% | 4.08x | — |
| 43 | 32400.01 – 33210 base | 21.5000% | 4.00x | — |
| 44 | 33210.01 – 34020 base | 22.0000% | 3.92x | — |
| 45 | 34020.01 – 34830 base | 22.5000% | 3.84x | — |
| 46 | 34830.01 – 35640 base | 23.0000% | 3.77x | — |
| 47 | 35640.01 – 36450 base | 23.5000% | 3.70x | — |
| 48 | 36450.01 – 37260 base | 24.0000% | 3.63x | — |
| 49 | 37260.01 – 38070 base | 24.5000% | 3.57x | — |
| 50 | 38070.01 – 38880 base | 25.0000% | 3.50x | — |
| 51 | 38880.01 – 39690 base | 25.5000% | 3.44x | — |
| 52 | 39690.01 – 40500 base | 26.0000% | 3.38x | — |
| 53 | 40500.01 – 41310 base | 26.5000% | 3.33x | — |
| 54 | 41310.01 – 42120 base | 27.0000% | 3.27x | — |
| 55 | 42120.01 – 42930 base | 27.5000% | 3.22x | — |
| 56 | 42930.01 – 43740 base | 28.0000% | 3.17x | — |
| 57 | 43740.01 – 44550 base | 28.5000% | 3.12x | — |
| 58 | 44550.01 – 45360 base | 29.0000% | 3.07x | — |
| 59 | 45360.01 – 46170 base | 29.5000% | 3.03x | — |
| 60 | 46170.01 – 46980 base | 30.0000% | 2.98x | — |
| 61 | 46980.01 – 47790 base | 30.5000% | 2.94x | — |
| 62 | 47790.01 – 48600 base | 31.0000% | 2.89x | — |
| 63 | 48600.01 – 49410 base | 31.5000% | 2.85x | — |
| 64 | 49410.01 – 50220 base | 32.0000% | 2.81x | — |
| 65 | 50220.01 – 51030 base | 32.5000% | 2.77x | — |
| 66 | 51030.01 – 51840 base | 33.0000% | 2.73x | — |
| 67 | 51840.01 – 52650 base | 33.5000% | 2.70x | — |
| 68 | 52650.01 – 53460 base | 34.0000% | 2.66x | — |
| 69 | 53460.01 – 54270 base | 34.5000% | 2.63x | — |
| 70 | 54270.01 – 55080 base | 35.0000% | 2.59x | — |
| 71 | 55080.01 – 55890 base | 35.5000% | 2.56x | — |
| 72 | 55890.01 – 56700 base | 36.0000% | 2.53x | — |
| 73 | 56700.01 – 57510 base | 36.5000% | 2.50x | — |
| 74 | 57510.01 – 58320 base | 37.0000% | 2.46x | — |
| 75 | 58320.01 – 59130 base | 37.5000% | 2.43x | — |
| 76 | 59130.01 – 59940 base | 38.0000% | 2.40x | — |
| 77 | 59940.01 – 60750 base | 38.5000% | 2.38x | — |
| 78 | 60750.01 – 61560 base | 39.0000% | 2.35x | — |
| 79 | 61560.01 – 62370 base | 39.5000% | 2.32x | — |
| 80 | 62370.01 – 63180 base | 40.0000% | 2.29x | — |
| 81 | 63180.01 – 63990 base | 40.5000% | 2.27x | — |
| 82 | 63990.01 – 64800 base | 41.0000% | 2.24x | — |
| 83 | 64800.01 – 65610 base | 41.5000% | 2.22x | — |
| 84 | 65610.01 – 66420 base | 42.0000% | 2.19x | — |
| 85 | 66420.01 – 67230 base | 42.5000% | 2.17x | — |
| 86 | 67230.01 – 68040 base | 43.0000% | 2.15x | — |
| 87 | 68040.01 – 68850 base | 43.5000% | 2.12x | — |
| 88 | 68850.01 – 69660 base | 44.0000% | 2.10x | — |
| 89 | 69660.01 – 70470 base | 44.5000% | 2.08x | — |
| 90 | 70470.01 – 71280 base | 45.0000% | 2.06x | — |
| 91 | 71280.01 – 72090 base | 45.5000% | 2.04x | — |
| 92 | 72090.01 – 72900 base | 46.0000% | 2.02x | — |
| 93 | 72900.01 – 73710 base | 46.5000% | 2.00x | — |