Funding you earn now, next payment 16:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against OKX−0.052%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$808as in the Price arb table
costs, in and out, $10k−$8008.003% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.052%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.075% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHAZ-USDT-SWAP | 58.090 | −0.0005 | get 0.0005% / 8h | 7h 38m | $436K | $256K | 10x |
| Short | Gate SHAZ_USDT | 58.060 | 0 | get 0.0000% / 8h | 7h 38m | $179K | $39K | 20x |
OKX SHAZ-USDT-SWAP
Gate SHAZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $1.08
- Price spread: −0.052% → +0.024%
- −$7.54
- Slippage, 4 orders
- −$775.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$806.75
- Costs to cover
- 8.003%
- Break-even
- 5233.4 days
Slippage from OKX: live order book, 57 min ago; Gate: live order book, 52 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 OKX live order book, 57 min ago | 9.35 bp | 288.4 bp −$288 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SHAZ | −0.2565% | 1h | 58.269 | +0.308% | $1.2M | $296K | 10x | as long as short |
| Binance SHAZUSDT | −0.2125% | 8h | 58.160 | +0.121% | $470K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1833% | 8h | 58.310 | +0.379% | $24K | $34K | — | as long as short |
| KuCoin SHAZUSDTM | −0.0664% | 8h | 58.250 | +0.275% | $71K | $396K | 20x | as long as short |
| OKX SHAZ-USDT-SWAPlong | −0.0005% | 8h | 58.090 | long leg | $436K | $256K | 10x | |
| QFEX SHAZ-USD | 0.0000% | 1h | 57.400 | −1.188% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDTshort | 0.0000% | 8h | 58.060 | −0.052% | $179K | $39K | 20x | |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.160 | +0.121% | $199K | $158K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.310 | +0.379% | $6K | $40K | 10x | as long as short |
| edgeX SHAZUSDC | +0.0388% | 4h | 58.287 | +0.339% | $16K | $290K | 10x | as long as short |
tradeXYZ xyz:SHAZ
Binance SHAZUSDT
Variational Omni SHAZ
KuCoin SHAZUSDTM
QFEX SHAZ-USD
Bitget SHAZUSDT
HTX SHAZ-USDT
edgeX SHAZUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHAZUSDT | +0.2279% | 8h | 57.560 | −0.912% | $151K | $436K | 25x | as long as short |
Bybit SHAZUSDT