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

SHAZ

RWAall SHAZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h −0.208%
Price spread now: edgeX against KuCoin−0.083%68s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,859as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,74717.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.126%−$113 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.083%, 7d avg −0.045%
Together, before fees−1.030%+ Points / potential airdropedgeX: Active · farm board−$103 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.045%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −1.126%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHAZUSDTM58.570−0.0886get 0.0886% / 8h10m 21s$71K$360K20x
ShortedgeX SHAZUSDC58.521−0.0777pay 0.0389% / 4h10m 21s$16K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$22.85
Price spread: −0.083% → −0.045%
−$3.8
Slippage, 4 orders
−$1,725.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$1,727.49
Costs to cover
17.465%
Break-even
536.2 days
Slippage from KuCoin: live order book, 22 min ago; edgeX: live order book, 28 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 KuCoin live order book, 22 min ago21.18 bp347.4 bp −$347doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 28 min ago8.49 bp17.1 bp −$17doesn'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%8h58.630+0.102%$473K$2.0M10xas long as short
Variational Omni SHAZ−0.1924%8h58.588+0.030%$25K$34Kas long as short
tradeXYZ xyz:SHAZ−0.1182%1h58.525−0.077%$1.2M$294K10xas long as short
KuCoin SHAZUSDTMlong−0.0886%8h58.570long leg$71K$360K20x
edgeX SHAZUSDCshort−0.0777%4h58.521−0.083%$16K$292K10x
Bybit SHAZUSDT−0.0616%8h58.650+0.137%$156K$435K25xas long as short
OKX SHAZ-USDT-SWAP−0.0235%8h58.630+0.102%$440K$263K10xas long as short
QFEX SHAZ-USD0.0000%1h58.620+0.085%$1.1M$1.8M10xas long as short
Gate SHAZ_USDT0.0000%8h58.640+0.120%$181K$39K20xas long as short
Bitget SHAZUSDT0.0000%8h58.540−0.051%$201K$161K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SHAZ-USDT0.0000%8h58.721+0.258%$6K$40K10xas long as short