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

SHLD

all SHLD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.095%
Price spread now: SunX against OKX−0.032%7-day average · 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−0.460%−$46 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SunX is 0.032% cheaper against OKX than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.460%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHLD-USDT-SWAP63.1800get 0.0000% / 8h4h 11m$61K$15K10x
ShortSunX SHLD-USDT63.1600.0100get 0.0100% / 8h4h 11m$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$21
Price spread: −0.032% → 0.000%
−$3.17
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$0.17
Costs to cover
0.180%
Break-even
7.1 days
Slippage unknown: OKX: no order-book sample; SunX: live order book, 8 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 no order-book sample
Sell SunX live order book, 8 min ago501.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHLD on 5 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHLD-USDT-SWAPlong0.0000%8h63.180long leg$61K$15K10x
Gate SHLD_USDT0.0000%8h63.120−0.095%$17K$80210xas long as short
MEXC SHLD_USDT0.0000%8h63.170−0.016%$98K$83K20xas long as short
SunX SHLD-USDTshort+0.0100%8h63.160−0.032%$1.5M10x
HTX SHLD-USDT+0.0100%8h63.070−0.174%$5K$37K10xas long as short