Funding you earn now, next payment 08:00 UTC+0.0389%/8h= +42.6% APRnext payment +$3.89 per $10,000 · paid last 24h +0.116%
Price spread now: OKX against Bybit+0.017%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs−$663as in the Price arb table
costs, in and out, $10k−$6656.649% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.017%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SHAZUSDT | 58.650 | −0.0634 | get 0.0634% / 8h | 16m 53s | $155K | $434K | 25x |
| Short | OKX SHAZ-USDT-SWAP | 58.660 | −0.0245 | pay 0.0245% / 8h | 16m 53s | $440K | $264K | 10x |
Bybit SHAZUSDT
OKX SHAZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $81.72
- Price spread: +0.017% → −0.003%
- $1.96
- Slippage, 4 orders
- −$643.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$581.2
- Costs to cover
- 6.649%
- Break-even
- 56.8 days
Slippage from Bybit: live order book, 13 min ago; OKX: live order book, 19 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, 13 min ago | 4.24 bp | 97.2 bp −$97 | 242.3 bp −$2,423 | doesn't fit | doesn't fit |
| Sell OKX live order book, 19 min ago | 9.35 bp | 154.1 bp −$154 | 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 SHAZUSDT | −0.2215% | 8h | 58.500 | −0.256% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1873% | 8h | 58.500 | −0.256% | $25K | $34K | — | as long as short |
| tradeXYZ xyz:SHAZ | −0.0991% | 1h | 58.466 | −0.314% | $1.2M | $293K | 10x | as long as short |
| KuCoin SHAZUSDTM | −0.0862% | 8h | 58.560 | −0.153% | $71K | $357K | 20x | as long as short |
| Bybit SHAZUSDTlong | −0.0634% | 8h | 58.650 | long leg | $155K | $434K | 25x | |
| edgeX SHAZUSDC | −0.0493% | 4h | 58.500 | −0.256% | $16K | $292K | 10x | as long as short |
| OKX SHAZ-USDT-SWAPshort | −0.0245% | 8h | 58.660 | +0.017% | $440K | $264K | 10x | |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.290 | −0.614% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.630 | −0.034% | $181K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.460 | −0.324% | $201K | $161K | 20x | as long as short |
Binance SHAZUSDT
Variational Omni SHAZ
tradeXYZ xyz:SHAZ
KuCoin SHAZUSDTM
edgeX SHAZUSDC
QFEX SHAZ-USD
Gate SHAZ_USDT
Bitget SHAZUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SHAZ-USDT | 0.0000% | 8h | 58.668 | +0.031% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT