Funding you earn now, next payment 10:00 UTC+0.3693%/8h= +404.4% APRpaid last 24h −0.253%
Price spread now: tradeXYZ against Binance+0.150%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 7 days−0.263%−$26 · spread now +0.150%, 7d avg −0.063%
=Together, before fees−0.704%+ Points / potential airdroptradeXYZ: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$111 a day on $10k at the current rate, and tradeXYZ is 0.213% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 7 days funding on this pair cost −0.441%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.441% in total (about -23.0% a year). A funding rate is set anew for every payment. 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 SHAZUSDT | 58.610 | −0.1540 | get 0.1540% / 8h | 6h 57m | $469K | $2.0M | 10x |
| Short | tradeXYZ xyz:SHAZ | 58.698 | 0.2153 | get 0.0269% / 1h | 57m 24s | $1.2M | $293K | 10x |
Binance SHAZUSDT
tradeXYZ xyz:SHAZFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $775.62
- Price spread: +0.150% → −0.063%
- $21.29
- Slippage, 4 orders
- −$208.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $560.26
- Costs to cover
- 2.367%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 10 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, 7 min ago | 5.11 bp | 46.3 bp −$46 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 5.70 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
SHAZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHAZUSDTlong | −0.1540% | 8h | 58.610 | long leg | $469K | $2.0M | 10x | |
| Variational Omni SHAZ | −0.1359% | 8h | 58.729 | +0.203% | $23K | $36K | — | as long as short |
| edgeX SHAZUSDC | −0.0336% | 4h | 58.705 | +0.162% | $16K | $290K | 10x | as long as short |
| KuCoin SHAZUSDTM | −0.0326% | 8h | 58.850 | +0.409% | $72K | $439K | 20x | as long as short |
| OKX SHAZ-USDT-SWAP | 0.0000% | 8h | 58.560 | −0.085% | $439K | $258K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 59.000 | +0.665% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.640 | +0.051% | $180K | $40K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.720 | +0.188% | $200K | $157K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.906 | +0.505% | $6K | $40K | 10x | as long as short |
| Bybit SHAZUSDT | +0.1435% | 8h | 58.820 | +0.358% | $152K | $441K | 25x | as long as short |
Variational Omni SHAZ
edgeX SHAZUSDC
KuCoin SHAZUSDTM
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USD
Gate SHAZ_USDT
Bitget SHAZUSDT
HTX SHAZ-USDT
Bybit SHAZUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SHAZshort | +0.2153% | 1h | 58.698 | +0.150% | $1.2M | $293K | 10x |