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

SHAZ

RWAall SHAZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0539%/8h= +59.1% APRpaid last 24h +0.142%
Price spread now: OKX against edgeX+0.186%71s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4774.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.436%+$44 on $10k
Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.186%, 7d avg −0.017%
Together, before fees+0.168%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and OKX is 0.203% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SHAZUSDC58.521−0.0777get 0.0389% / 4h12m 25s$16K$292K10x
ShortOKX SHAZ-USDT-SWAP58.630−0.0238pay 0.0238% / 8h12m 25s$440K$263K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$113.29
Price spread: +0.186% → −0.017%
$20.29
Slippage, 4 orders
−$458.06
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$343.48
Costs to cover
4.771%
Break-even
28.2 days
Slippage from edgeX: live order book, 25 min ago; OKX: live order book, 23 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, 25 min ago8.49 bp17.5 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 23 min ago9.35 bp154.1 bp −$154doesn'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
Binance SHAZUSDT−0.2240%8h58.640+0.203%$473K$2.0M10xas long as short
Variational Omni SHAZ−0.1915%8h58.496−0.043%$25K$34Kas long as short
tradeXYZ xyz:SHAZ−0.1137%1h58.520−0.002%$1.2M$294K10xas long as short
KuCoin SHAZUSDTM−0.0887%8h58.580+0.100%$72K$360K20xas long as short
edgeX SHAZUSDClong−0.0777%4h58.521long leg$16K$292K10x
Bybit SHAZUSDT−0.0625%8h58.680+0.271%$156K$435K25xas long as short
OKX SHAZ-USDT-SWAPshort−0.0238%8h58.630+0.186%$440K$263K10x
QFEX SHAZ-USD0.0000%1h58.300−0.378%$1.1M$1.8M10xas long as short
Gate SHAZ_USDT0.0000%8h58.680+0.271%$181K$39K20xas long as short
Bitget SHAZUSDT0.0000%8h58.540+0.032%$201K$161K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SHAZ-USDT0.0000%8h58.721+0.341%$6K$40K10xas long as short