Funding you earn now, next payment 08:00 UTC+0.0867%/8h= +94.9% APRnext payment +$8.67 per $10,000 · paid last 24h −0.212%
Price spread now: Gate against KuCoin+0.154%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,050as 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)−0.205%−$21 · spread now +0.154%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Gate is 0.197% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.892%, 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 | 58.550 | −0.0867 | get 0.0867% / 8h | 16m 05s | $71K | $357K | 20x |
| Short | Gate SHAZ_USDT | 58.640 | 0 | get 0.0000% / 8h | 16m 05s | $181K | $39K | 20x |
KuCoin SHAZUSDTM
Gate SHAZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $182.07
- Price spread: +0.154% → −0.043%
- $19.67
- Slippage, 4 orders
- −$2,042.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,868.04
- Costs to cover
- 20.698%
- Break-even
- 78.8 days
Slippage from KuCoin: live order book, 17 min ago; Gate: live order book, 15 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, 17 min ago | 21.18 bp | 347.4 bp −$347 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 36.53 bp | 174.4 bp −$174 | 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 | −0.2223% | 8h | 58.530 | −0.034% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1873% | 8h | 58.500 | −0.086% | $25K | $34K | — | as long as short |
| tradeXYZ xyz:SHAZ | −0.1032% | 1h | 58.456 | −0.161% | $1.2M | $293K | 10x | as long as short |
| KuCoin SHAZUSDTMlong | −0.0867% | 8h | 58.550 | long leg | $71K | $357K | 20x | |
| Bybit SHAZUSDT | −0.0636% | 8h | 58.650 | +0.171% | $155K | $434K | 25x | as long as short |
| edgeX SHAZUSDC | −0.0493% | 4h | 58.500 | −0.086% | $16K | $292K | 10x | as long as short |
| OKX SHAZ-USDT-SWAP | −0.0243% | 8h | 58.660 | +0.188% | $440K | $264K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.720 | +0.290% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDTshort | 0.0000% | 8h | 58.640 | +0.154% | $181K | $39K | 20x | |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.460 | −0.154% | $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 | 58.626 | +0.130% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT