Funding you earn now, next payment 08:00 UTC−0.0139%/8h= −15.3% APRnext payment −$1.39 per $10,000 · paid last 24h +0.145%
Price spread now: OKX against Bitget−0.136%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5165.155% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.136%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.069% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.215%, 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 | 58.750 | 0 | get 0.0000% / 8h | 1h 57m | $201K | $150K | 20x |
| Short | OKX SHAZ-USDT-SWAP | 58.670 | −0.0139 | pay 0.0139% / 8h | 1h 57m | $440K | $259K | 10x |
Bitget SHAZUSDT
OKX SHAZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$29.25
- Price spread: −0.136% → −0.067%
- −$6.95
- Slippage, 4 orders
- −$493.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$551.72
- Costs to cover
- 5.155%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 42 min ago; OKX: live order book, 48 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, 42 min ago | 25.41 bp | 107.6 bp −$108 | 145.8 bp −$1,458 | 376.0 bp −$37.6K | doesn't fit |
| Sell OKX live order book, 48 min ago | 10.91 bp | 78.2 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SHAZ | −0.3257% | 1h | 58.642 | −0.184% | $1.2M | $273K | 10x | as long as short |
| Binance SHAZUSDT | −0.1622% | 8h | 58.736 | −0.023% | $476K | $1.8M | 10x | as long as short |
| Variational Omni SHAZ | −0.1364% | 8h | 58.734 | −0.027% | $20K | $29K | — | as long as short |
| Bybit SHAZUSDT | −0.0934% | 8h | 58.770 | +0.034% | $153K | $232K | 25x | as long as short |
| KuCoin SHAZUSDTM | −0.0341% | 8h | 58.830 | +0.136% | $74K | $348K | 20x | as long as short |
| edgeX SHAZUSDC | −0.0160% | 4h | 58.730 | −0.033% | $16K | $289K | 10x | as long as short |
| OKX SHAZ-USDT-SWAPshort | −0.0139% | 8h | 58.670 | −0.136% | $440K | $259K | 10x | |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.680 | −0.119% | $1.1M | $1.6M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.860 | +0.187% | $183K | $39K | 20x | as long as short |
| Bitget SHAZUSDTlong | 0.0000% | 8h | 58.750 | long leg | $201K | $150K | 20x |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
Bybit SHAZUSDT
KuCoin SHAZUSDTM
edgeX SHAZUSDC
QFEX SHAZ-USD
Gate SHAZ_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SHAZ-USDT | 0.0000% | 8h | 58.913 | +0.277% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT