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

SHAZ

RWAall SHAZ markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0697%/8h= +76.3% APRpaid last 24h +0.004%
Price spread now: edgeX against Bitget+0.105%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$426as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$4044.035% of the position
Long on BitgetShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.105%, 7d avg −0.044%
Together, before fees−0.278%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.148% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, 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 -0.221% in total (about -11.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SHAZUSDT58.4500get 0.0000% / 8h22m 54s$201K$161K20x
ShortedgeX SHAZUSDC58.5110.0697get 0.0348% / 4h22m 54s$16K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$146.33
Price spread: +0.105% → −0.044%
$14.83
Slippage, 4 orders
−$382.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$242.38
Costs to cover
4.035%
Break-even
18.6 days
Slippage from Bitget: live order book, 7 min ago; edgeX: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 7 min ago15.30 bp187.0 bp −$187236.9 bp −$2,369472.7 bp −$47.3Kdoesn't fit
Sell edgeX live order book, 15 min ago8.49 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit

SHAZ on 11 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
Binance SHAZUSDT−0.2149%8h58.520+0.120%$471K$2.0M10xas long as short
Variational Omni SHAZ−0.1815%8h58.609+0.272%$23K$33K—as long as short
KuCoin SHAZUSDTM−0.0788%8h58.670+0.376%$72K$353K20xas long as short
tradeXYZ xyz:SHAZ−0.0657%1h58.526+0.130%$1.2M$293K10xas long as short
Bybit SHAZUSDT−0.0607%8h58.610+0.274%$154K$434K25xas long as short
OKX SHAZ-USDT-SWAP−0.0235%8h58.660+0.359%$440K$264K10xas long as short
QFEX SHAZ-USD0.0000%1h58.840+0.667%$1.1M$1.8M10xas long as short
Gate SHAZ_USDT0.0000%8h58.650+0.342%$181K$39K20xas long as short
Bitget SHAZUSDTlong0.0000%8h58.450long leg$201K$161K20x
HTX SHAZ-USDT0.0000%8h58.314−0.233%$6K$40K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SHAZUSDCshort+0.0697%4h58.511+0.105%$16K$290K10x