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

SHAZ

RWAall SHAZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h −0.143%
Price spread now: edgeX against OKX+0.339%101s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$528as 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−0.507%−$51 on $10k
Price spread, last 4 days (all we have)−0.464%−$46 · spread now +0.339%, 7d avg +0.018%
Together, before fees−0.970%+ Points / potential airdropedgeX: Active · farm board−$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.321% dearer against OKX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.507%, so the current rate has only just turned in your favour. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHAZ-USDT-SWAP58.090−0.0003get 0.0003% / 8h7h 37m$436K$256K10x
ShortedgeX SHAZUSDC58.2870.0388get 0.0194% / 4h3h 37m$16K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$82.3
Price spread: +0.339% → +0.018%
$32.1
Slippage, 4 orders
−$458.06
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$362.66
Costs to cover
4.771%
Break-even
37.8 days
Slippage from OKX: live order book, 58 min ago; edgeX: live order book, 60 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 OKX live order book, 58 min ago9.35 bp288.4 bp −$288doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 60 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
tradeXYZ xyz:SHAZ−0.2595%1h58.257+0.287%$1.2M$296K10xas long as short
Binance SHAZUSDT−0.2125%8h58.160+0.121%$470K$2.0M10xas long as short
Variational Omni SHAZ−0.1833%8h58.310+0.379%$24K$34Kas long as short
KuCoin SHAZUSDTM−0.0664%8h58.230+0.241%$71K$397K20xas long as short
OKX SHAZ-USDT-SWAPlong−0.0003%8h58.090long leg$436K$256K10x
QFEX SHAZ-USD0.0000%1h57.400−1.188%$1.1M$1.8M10xas long as short
Gate SHAZ_USDT0.0000%8h58.130+0.069%$180K$39K20xas long as short
Bitget SHAZUSDT0.0000%8h58.160+0.121%$199K$158K20xas long as short
HTX SHAZ-USDT0.0000%8h58.227+0.236%$6K$40K10xas long as short
edgeX SHAZUSDCshort+0.0388%4h58.287+0.339%$16K$290K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHAZUSDT+0.2279%8h57.840−0.430%$152K$436K25xas long as short