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

SHELL

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SwapBacktest
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: Gate against OKX+0.221%7-day average +0.042% · you sell dearer than you buy
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−0.147%−$15 on $10k
Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.221%, 7d avg +0.042%
Together, before fees−0.390%−$39 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: Gate is 0.179% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHELL-USDT-SWAP0.027140.0100pay 0.0050% / 4h2h 32m$175K$467K10x
ShortGate SHELL_USDT0.027200.0100get 0.0050% / 4h2h 32m$414K$207K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: +0.221% → +0.042%
$17.89
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$7.11
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 13 min ago; Gate: live order book, 13 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 OKX live order book, 13 min ago7.30 bp60.7 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 13 min ago7.29 bpdoesn't fitdoesn't fitdoesn'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%4h0.02708−0.233%$1K$10K5xas long as short
Binance SHELLUSDT+0.0100%4h0.02704−0.356%$2.1M$2.9M10xas long as short
OKX SHELL-USDT-SWAPlong+0.0100%4h0.02714long leg$175K$467K10x
Gate SHELL_USDTshort+0.0100%4h0.02720+0.221%$414K$207K10x
MEXC SHELL_USDT+0.0100%4h0.02700−0.516%$281K$143K50xas long as short
KuCoin SHELLUSDTM+0.0100%4h0.02708−0.221%$345K$34K10xas long as short
Variational Omni SHELL+0.0100%4h0.02721+0.261%$1K$1Kas long as short
Bybit SHELLUSDT+0.0176%4h0.02701−0.479%$511K$217K13xas long as short
BingX SHELL-USDT+0.0802%4h0.02707−0.258%$6.5Mas long as short
Bitget SHELLUSDT+0.0854%4h0.02710−0.147%$565K$230K10xas long as short