Funding you earn now, next payment 16:00 UTC−0.0619%/8h= −67.8% APRnext payment −$6.19 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against Bitget−0.190%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,993as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,100as in the Price arb table
costs, in and out, $10k−$2,08120.808% of the position
Funding, last 7 days+0.878%+$88 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.190%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.194% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.878%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHAZUSDT | 57.860 | 0 | get 0.0000% / 8h | 7h 25m | $198K | $158K | 20x |
| Short | KuCoin SHAZUSDTM | 57.750 | −0.0619 | pay 0.0619% / 8h | 7h 25m | $71K | $411K | 20x |
Bitget SHAZUSDT
KuCoin SHAZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$129.99
- Price spread: −0.190% → +0.004%
- −$19.38
- Slippage, 4 orders
- −$2,056.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,230.2
- Costs to cover
- 20.808%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 64 min ago; KuCoin: live order book, 67 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 Bitget live order book, 64 min ago | 15.30 bp | 187.0 bp −$187 | 236.9 bp −$2,369 | 472.7 bp −$47.3K | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 21.18 bp | 1364.5 bp −$1,364 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SHAZ | −0.3520% | 1h | 57.713 | −0.254% | $1.2M | $298K | 10x | as long as short |
| Binance SHAZUSDT | −0.2099% | 8h | 57.746 | −0.197% | $466K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1771% | 8h | 57.804 | −0.097% | $23K | $36K | — | as long as short |
| edgeX SHAZUSDC | −0.0939% | 4h | 57.724 | −0.234% | $16K | $290K | 10x | as long as short |
| KuCoin SHAZUSDTMshort | −0.0619% | 8h | 57.750 | −0.190% | $71K | $411K | 20x | |
| OKX SHAZ-USDT-SWAP | 0.0000% | 8h | 57.640 | −0.380% | $432K | $254K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 56.580 | −2.212% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 57.730 | −0.225% | $179K | $39K | 20x | as long as short |
| Bitget SHAZUSDTlong | 0.0000% | 8h | 57.860 | long leg | $198K | $158K | 20x | |
| HTX SHAZ-USDT | 0.0000% | 8h | 57.764 | −0.166% | $6K | $40K | 10x | as long as short |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
edgeX SHAZUSDC
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USD
Gate SHAZ_USDT
HTX SHAZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDT | +0.3475% | 8h | 57.830 | −0.052% | $152K | $438K | 25x | as long as short |
Bybit SHAZUSDT