Funding you earn now, next payment 08:00 UTC−0.0862%/8h= −94.4% APRnext payment −$8.62 per $10,000 · paid last 24h +0.212%
Price spread now: KuCoin against Gate−0.119%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,981as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,086as in the Price arb table
costs, in and out, $10k−$2,07020.698% of the position
Funding, last 7 days+0.892%+$89 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.119%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and KuCoin is 0.162% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.892%, 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 | Gate SHAZ_USDT | 58.630 | 0 | get 0.0000% / 8h | 16m 53s | $181K | $39K | 20x |
| Short | KuCoin SHAZUSDTM | 58.560 | −0.0862 | pay 0.0862% / 8h | 16m 53s | $71K | $357K | 20x |
Gate SHAZ_USDT
KuCoin SHAZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$181.02
- Price spread: −0.119% → +0.043%
- −$16.24
- Slippage, 4 orders
- −$2,042.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,267.04
- Costs to cover
- 20.698%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; KuCoin: live order book, 16 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 Gate live order book, 14 min ago | 36.53 bp | 183.4 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 21.18 bp | 1364.5 bp −$1,364 | 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 | −0.222% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1873% | 8h | 58.500 | −0.222% | $25K | $34K | — | as long as short |
| tradeXYZ xyz:SHAZ | −0.0991% | 1h | 58.466 | −0.280% | $1.2M | $293K | 10x | as long as short |
| KuCoin SHAZUSDTMshort | −0.0862% | 8h | 58.560 | −0.119% | $71K | $357K | 20x | |
| Bybit SHAZUSDT | −0.0634% | 8h | 58.650 | +0.034% | $155K | $434K | 25x | as long as short |
| edgeX SHAZUSDC | −0.0493% | 4h | 58.500 | −0.222% | $16K | $292K | 10x | as long as short |
| OKX SHAZ-USDT-SWAP | −0.0245% | 8h | 58.660 | +0.051% | $440K | $264K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.290 | −0.580% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDTlong | 0.0000% | 8h | 58.630 | long leg | $181K | $39K | 20x | |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.460 | −0.290% | $201K | $161K | 20x | as long as short |
Binance SHAZUSDT
Variational Omni SHAZ
tradeXYZ xyz:SHAZ
Bybit SHAZUSDT
edgeX SHAZUSDC
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USD
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 | +0.065% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT