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

SHAZ

RWAall SHAZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1300%/8h= −142.4% APRpaid last 24h +0.170%
Price spread now: KuCoin against edgeX+0.048%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$826as in the Price arb table
costs, in and out, $10k−$8268.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.152%+$115 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.048%, 7d avg +0.045%
Together, before fees+1.263%+ Points / potential airdropedgeX: Active · farm board+$126 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: −$39 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.152%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SHAZUSDC58.1020.0760pay 0.0380% / 4h3h 19m$16K$291K10x
ShortKuCoin SHAZUSDTM58.130−0.0540pay 0.0540% / 8h7h 19m$71K$417K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
−$273.01
Price spread: +0.048% → +0.045%
$0.3
Slippage, 4 orders
−$805.08
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,098.79
Costs to cover
8.261%
Break-even
never at this rate
Slippage from edgeX: live order book, 14 min ago; KuCoin: live order book, 4 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 edgeX live order book, 14 min ago13.81 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago18.95 bp399.8 bp −$400doesn'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
tradeXYZ xyz:SHAZ−0.3391%1h58.112+0.017%$1.2M$298K10xas long as short
Binance SHAZUSDT−0.2019%8h58.207+0.182%$470K$2.0M10xas long as short
Variational Omni SHAZ−0.1737%8h58.107+0.008%$23K$36Kas long as short
KuCoin SHAZUSDTMshort−0.0540%8h58.130+0.048%$71K$417K20x
OKX SHAZ-USDT-SWAP0.0000%8h58.130+0.048%$436K$256K10xas long as short
QFEX SHAZ-USD0.0000%1h58.020−0.141%$1.2M$1.8M10xas long as short
Gate SHAZ_USDT0.0000%8h58.160+0.100%$180K$39K20xas long as short
Bitget SHAZUSDT0.0000%8h58.090−0.020%$199K$157K20xas long as short
HTX SHAZ-USDT0.0000%8h58.078−0.041%$6K$40K10xas long as short
edgeX SHAZUSDClong+0.0760%4h58.102long leg$16K$291K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHAZUSDT+0.3824%8h58.240+0.238%$152K$438K25xas long as short