Funding you earn now, next payment 04:00 UTC+0.0616%/8h= +67.5% APRnext payment +$3.08 per $10,000 · paid last 24h +0.121%
Price spread now: Bitget against Binance+0.152%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1971.967% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now +0.152%, 7d avg +0.146%
=The price spread sits at its 7-day average of +0.146%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SHELLUSDT | 0.02738 | 0.0100 | pay 0.0050% / 4h | 8m 48s | $2.2M | $2.8M | 10x |
| Short | Bitget SHELLUSDT | 0.02742 | 0.0716 | get 0.0358% / 4h | 8m 48s | $573K | $222K | 10x |
Binance SHELLUSDT
Bitget SHELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $129.36
- Price spread: +0.152% → +0.146%
- $0.61
- Slippage, 4 orders
- −$174.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.74
- Costs to cover
- 1.967%
- Break-even
- 10.6 days
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 46 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 3.67 bp | 41.1 bp −$41 | 386.7 bp −$3,867 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 5.50 bp | 55.7 bp −$56 | 635.1 bp −$6,351 | doesn't fit | doesn't fit |
SHELL on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SHELLUSDT | +0.0100% | 4h | 0.02740 | +0.084% | $2K | $10K | 5x | as long as short |
| Binance SHELLUSDTlong | +0.0100% | 4h | 0.02738 | long leg | $2.2M | $2.8M | 10x | |
| Bybit SHELLUSDT | +0.0100% | 4h | 0.02739 | +0.042% | $517K | $201K | 13x | as long as short |
| OKX SHELL-USDT-SWAP | +0.0100% | 4h | 0.02737 | −0.031% | $175K | $444K | 10x | as long as short |
| Gate SHELL_USDT | +0.0100% | 4h | 0.02744 | +0.225% | $415K | $201K | 10x | as long as short |
| MEXC SHELL_USDT | +0.0100% | 4h | 0.02739 | +0.042% | $300K | $145K | 50x | as long as short |
| KuCoin SHELLUSDTM | +0.0100% | 4h | 0.02739 | +0.042% | $350K | $35K | 10x | as long as short |
| Variational Omni SHELL | +0.0100% | 4h | 0.02748 | +0.371% | $1K | $1K | — | as long as short |
| BingX SHELL-USDT | +0.0654% | 4h | 0.02740 | +0.079% | — | $6.5M | — | as long as short |
| Bitget SHELLUSDTshort | +0.0716% | 4h | 0.02742 | +0.152% | $573K | $222K | 10x |
Aster SHELLUSDT
Bybit SHELLUSDT
OKX SHELL-USDT-SWAP
Gate SHELL_USDT
MEXC SHELL_USDT
KuCoin SHELLUSDTM
Variational Omni SHELL
BingX SHELL-USDT