Funding you earn now, next payment 12:00 UTC−0.1891%/8h= −207.0% APRpaid last 24h −0.043%
Price spread now: edgeX against Bybit+0.773%101s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2572.571% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)−0.932%−$93 · spread now +0.773%, 7d avg +0.012%
=Together, before fees−1.102%+ Points / potential airdropedgeX: Active · farm board−$110 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.760% dearer against Bybit than usual: you sell high and buy low (spread +0.773% now, against its 7-day average of +0.012%): +$76 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.170% in total) that is about 31 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.170% in total (about -8.9% 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 | Bybit SHAZUSDT | 57.840 | 0.2279 | pay 0.2279% / 8h | 7h 37m | $152K | $436K | 25x |
| Short | edgeX SHAZUSDC | 58.287 | 0.0388 | get 0.0194% / 4h | 3h 37m | $16K | $290K | 10x |
Bybit SHAZUSDT
edgeX SHAZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$397.06
- Price spread: +0.773% → +0.012%
- $76.02
- Slippage, 4 orders
- −$237.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$578.13
- Costs to cover
- 2.571%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 52 min ago; edgeX: live order book, 60 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 Bybit live order book, 52 min ago | 4.24 bp | 97.2 bp −$97 | 242.3 bp −$2,423 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 60 min ago | 8.49 bp | 17.1 bp −$17 | 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 | −0.2595% | 1h | 58.257 | +0.721% | $1.2M | $296K | 10x | as long as short |
| Binance SHAZUSDT | −0.2125% | 8h | 58.160 | +0.553% | $470K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1833% | 8h | 58.310 | +0.813% | $24K | $34K | — | as long as short |
| KuCoin SHAZUSDTM | −0.0664% | 8h | 58.230 | +0.674% | $71K | $397K | 20x | as long as short |
| OKX SHAZ-USDT-SWAP | −0.0003% | 8h | 58.090 | +0.432% | $436K | $256K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 57.400 | −0.761% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.130 | +0.501% | $180K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.160 | +0.553% | $199K | $158K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.227 | +0.669% | $6K | $40K | 10x | as long as short |
| edgeX SHAZUSDCshort | +0.0388% | 4h | 58.287 | +0.773% | $16K | $290K | 10x |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
KuCoin SHAZUSDTM
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USD
Gate SHAZ_USDT
Bitget SHAZUSDT
HTX SHAZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDTlong | +0.2279% | 8h | 57.840 | long leg | $152K | $436K | 25x |