Funding you earn now, next payment 08:00 UTC−0.0493%/8h= −53.9% APRpaid last 24h +0.006%
Price spread now: edgeX against QFEX+0.360%7-day average −0.919% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$2942.941% of the position
Funding, last 4 days (all we have)−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.295%−$29 · spread now +0.360%, 7d avg −0.919%
=Together, before fees−0.531%+ Points / potential airdropedgeX: Active · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.279% dearer against QFEX than usual: you sell high and buy low (spread +0.360% now, against its 7-day average of −0.919%): +$128 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 8.7 days. At the pace of the last 4 days (−0.236% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SHAZ-USD | 58.290 | 0 | get 0.0000% / 1h | 16m 53s | $1.1M | $1.8M | 10x |
| Short | edgeX SHAZUSDC | 58.500 | −0.0493 | pay 0.0246% / 4h | 16m 53s | $16K | $292K | 10x |
QFEX SHAZ-USD
edgeX SHAZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against QFEX. 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
- −$103.46
- Price spread: +0.360% → −0.919%
- $127.88
- Slippage, 4 orders
- −$275.05
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$269.63
- Costs to cover
- 2.941%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; edgeX: live order book, 21 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 QFEX live order book, 10 min ago | 63.78 bp | 68.8 bp −$69 | 71.0 bp −$710 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 8.49 bp | 17.1 bp −$17 | 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 | −0.2215% | 8h | 58.500 | +0.360% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1873% | 8h | 58.500 | +0.360% | $25K | $34K | — | as long as short |
| tradeXYZ xyz:SHAZ | −0.0991% | 1h | 58.466 | +0.302% | $1.2M | $293K | 10x | as long as short |
| KuCoin SHAZUSDTM | −0.0862% | 8h | 58.560 | +0.463% | $71K | $357K | 20x | as long as short |
| Bybit SHAZUSDT | −0.0634% | 8h | 58.650 | +0.618% | $155K | $434K | 25x | as long as short |
| edgeX SHAZUSDCshort | −0.0493% | 4h | 58.500 | +0.360% | $16K | $292K | 10x | |
| OKX SHAZ-USDT-SWAP | −0.0245% | 8h | 58.660 | +0.635% | $440K | $264K | 10x | as long as short |
| QFEX SHAZ-USDlong | 0.0000% | 1h | 58.290 | long leg | $1.1M | $1.8M | 10x | |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.630 | +0.583% | $181K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.460 | +0.292% | $201K | $161K | 20x | as long as short |
Binance SHAZUSDT
Variational Omni SHAZ
tradeXYZ xyz:SHAZ
KuCoin SHAZUSDTM
Bybit SHAZUSDT
OKX SHAZ-USDT-SWAP
Gate SHAZ_USDT
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 | 58.668 | +0.648% | $6K | $40K | 10x | as long as short |
HTX SHAZ-USDT