Funding you earn now, next payment 16:00 UTC+0.0619%/8h= +67.8% APRnext payment +$6.19 per $10,000 · paid last 24h −0.099%
Price spread now: Bitget against KuCoin+0.190%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,061as in the Price arb table
costs, in and out, $10k−$2,08120.808% of the position
Funding, last 7 days−0.878%−$88 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.190%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Bitget is 0.194% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.878%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHAZUSDTM | 57.750 | −0.0619 | get 0.0619% / 8h | 7h 25m | $71K | $411K | 20x |
| Short | Bitget SHAZUSDT | 57.860 | 0 | get 0.0000% / 8h | 7h 25m | $198K | $158K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $129.99
- Price spread: +0.190% → −0.004%
- $19.42
- Slippage, 4 orders
- −$2,056.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,931.41
- Costs to cover
- 20.808%
- Break-even
- 111.0 days
Slippage from KuCoin: live order book, 67 min ago; Bitget: live order book, 64 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 KuCoin live order book, 67 min ago | 21.18 bp | 347.4 bp −$347 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 64 min ago | 15.30 bp | 181.9 bp −$182 | 218.1 bp −$2,181 | 391.0 bp −$39.1K | 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 | −0.3520% | 1h | 57.713 | −0.064% | $1.2M | $298K | 10x | as long as short |
| Binance SHAZUSDT | −0.2099% | 8h | 57.746 | −0.006% | $466K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1771% | 8h | 57.804 | +0.093% | $23K | $36K | — | as long as short |
| edgeX SHAZUSDC | −0.0939% | 4h | 57.724 | −0.044% | $16K | $290K | 10x | as long as short |
| KuCoin SHAZUSDTMlong | −0.0619% | 8h | 57.750 | long leg | $71K | $411K | 20x | |
| OKX SHAZ-USDT-SWAP | 0.0000% | 8h | 57.640 | −0.190% | $432K | $254K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 56.580 | −2.026% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 57.730 | −0.035% | $179K | $39K | 20x | as long as short |
| Bitget SHAZUSDTshort | 0.0000% | 8h | 57.860 | +0.190% | $198K | $158K | 20x | |
| HTX SHAZ-USDT | 0.0000% | 8h | 57.764 | +0.024% | $6K | $40K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDT | +0.3475% | 8h | 57.830 | +0.139% | $152K | $438K | 25x | as long as short |
KuCoin SHAZUSDTM
Bitget SHAZUSDT
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
edgeX SHAZUSDC
OKX SHAZ-USDT-SWAP
Gate SHAZ_USDT
HTX SHAZ-USDT
Bybit SHAZUSDT