Price chart
Loading EdgeX candles…
About SPDR S&P 500 ETF Trust
SPY tracks the value of 1 share of the SPDR S&P 500 ETF Trust. The ETF seeks to track the investment results of an index composed of the 500 largest U.S. companies by market capitalization.
On EdgeX, SPY is a synthetic perpetual market. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently.
SPY is listed as a EdgeX synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Equity Indices.
Frequently Asked Questions
- What is SPY?
- SPY tracks the value of 1 share of the SPDR S&P 500 ETF Trust. The ETF seeks to track the investment results of an index composed of the 500 largest U.S. companies by market capitalization.
- Does trading SPY give me any of the rights of owning SPDR S&P 500 ETF shares?
- No. SPY is a synthetic perpetual with no delivery mechanism or arbitrage bridge to SPDR S&P 500 ETF shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying shares.
- Where does the SPDR S&P 500 ETF Trust trade, and in what currency?
- The SPDR S&P 500 ETF Trust trades on NYSE Arca, and its shares trade in U.S. dollars. SPY's price already reflects that USD-denominated ETF, with no currency conversion involved.
- What is SPY on EdgeX?
- SPY on EdgeX is a synthetic perpetual market that tracks price exposure linked to 1 share of the SPDR S&P 500 ETF Trust. It trades on EdgeX with its own book, so you can go long or short without holding any shares.
- Does EdgeX quote SPY independently of other venues?
- Yes. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently and can differ from the same instrument on another venue.
- What does it mean that EdgeX runs its own funding schedule?
- Funding is a periodic payment between long and short positions that keeps a perpetual's price anchored to its underlying. EdgeX sets and settles its own funding on its own schedule, so the funding rate on EdgeX can differ from the funding rate on other venues.
Related instruments
Other EdgeX markets sharing this asset's sectors.
Related articles
- Leveraged ETF Perps: Three Kinds of Leverage in One PositionSOXL, TQQQ, SOXS and TZA trade as perpetual futures on crypto venues. Work through the daily-reset arithmetic that makes a flat index cost money in both directions, what the perp wrapper adds on top, and why shorting both sides is a path bet rather than a free harvest.
- Trading Perpetual Futures: How They Work and What You Need to KnowUnderstand perpetual swaps (perps), how they differ from dated futures, how funding rates anchor their price to spot, and basis risk.
- Crypto Funding Rates: What They Are, Who Pays, and How to Trade ThemLearn how crypto funding rates work, how to calculate positive and negative funding fees, and how to read funding dashboards like Coinglass to predict market moves.
