Settings8H · net · $10k
Funding arb · Price arb /

SHELL

all SHELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.644%7-day average −0.147% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.644%, 7d avg −0.147%
Together, before fees+0.497%+$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.498% cheaper against Gate than usual: you would sell low and buy high, −$50 on $10k if it goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHELL_USDT0.027200.0100pay 0.0050% / 4h2h 32m$414K$207K10x
ShortBinance SHELLUSDT0.027020.0100get 0.0050% / 4h2h 32m$2.1M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.644% → −0.147%
−$49.76
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$74.76
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 13 min ago; Binance: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 13 min ago7.29 bp1494.6 bp −$1,49562824.7 bp −$628.2Kdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago3.67 bp38.8 bp −$39244.0 bp −$2,440doesn't fitdoesn't fit

SHELL on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SHELLUSDT+0.0100%4h0.02708−0.448%$1K$10K5xas long as short
Binance SHELLUSDTshort+0.0100%4h0.02702−0.644%$2.1M$2.9M10x
OKX SHELL-USDT-SWAP+0.0100%4h0.02714−0.221%$175K$467K10xas long as short
Gate SHELL_USDTlong+0.0100%4h0.02720long leg$414K$207K10x
MEXC SHELL_USDT+0.0100%4h0.02700−0.735%$281K$143K50xas long as short
KuCoin SHELLUSDTM+0.0100%4h0.02708−0.441%$345K$34K10xas long as short
Variational Omni SHELL+0.0100%4h0.02721+0.040%$1K$1Kas long as short
Bybit SHELLUSDT+0.0176%4h0.02702−0.662%$511K$217K13xas long as short
BingX SHELL-USDT+0.0802%4h0.02707−0.478%$6.5Mas long as short
Bitget SHELLUSDT+0.0854%4h0.02706−0.515%$565K$230K10xas long as short