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

SHELL

all SHELL markets
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: KuCoin against OKX−0.258%7-day average −0.005% · 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−0.147%−$15 on $10k
Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.258%, 7d avg −0.005%
Together, before fees+0.124%+$12 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: KuCoin is 0.253% cheaper against OKX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHELL-USDT-SWAP0.027110.0100pay 0.0050% / 4h1h 49m$171K$462K10x
ShortKuCoin SHELLUSDTM0.027040.0100get 0.0050% / 4h1h 49m$342K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.258% → −0.005%
−$25.3
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$47.3
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 57 min ago; KuCoin: live order book, 69 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, 57 min ago7.30 bp60.7 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 69 min ago14.60 bp777.9 bp −$778doesn'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%4h0.02699−0.442%$1K$10K5xas long as short
OKX SHELL-USDT-SWAPlong+0.0100%4h0.02711long leg$171K$462K10x
Gate SHELL_USDT+0.0100%4h0.02708−0.111%$411K$207K10xas long as short
KuCoin SHELLUSDTMshort+0.0100%4h0.02704−0.258%$342K$35K10x
Variational Omni SHELL+0.0100%4h0.02693−0.662%$1K$1Kas long as short
MEXC SHELL_USDT+0.0126%4h0.02700−0.406%$280K$143K50xas long as short
Binance SHELLUSDT+0.0127%4h0.02702−0.317%$2.1M$2.9M10xas long as short
Bybit SHELLUSDT+0.0562%4h0.02701−0.369%$509K$216K13xas long as short
BingX SHELL-USDT+0.1130%4h0.02705−0.221%$6.5Mas long as short
Bitget SHELLUSDT+0.1220%4h0.02706−0.184%$568K$247K10xas long as short