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

SHAZ

RWAall SHAZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Gate against QFEX−0.323%7-day average −0.863% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$6176.173% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.323%, 7d avg −0.863%
Together, before fees+0.356%+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.540% dearer against QFEX than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of −0.863%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SHAZ-USD58.8400get 0.0000% / 1h22m 38s$1.1M$1.8M10x
ShortGate SHAZ_USDT58.6500get 0.0000% / 8h22m 38s$181K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against QFEX. 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
$0
Price spread: −0.323% → −0.863%
$54.02
Slippage, 4 orders
−$592.28
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$563.26
Costs to cover
6.173%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; Gate: live order book, 8 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 QFEX live order book, 4 min ago63.78 bp68.8 bp −$6971.0 bp −$710doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago36.53 bp174.4 bp −$174doesn'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−0.2165%8h58.510−0.561%$471K$2.0M10xas long as short
Variational Omni SHAZ−0.1815%8h58.609−0.392%$23K$33Kas long as short
KuCoin SHAZUSDTM−0.0805%8h58.660−0.306%$71K$353K20xas long as short
tradeXYZ xyz:SHAZ−0.0681%1h58.519−0.546%$1.2M$293K10xas long as short
Bybit SHAZUSDT−0.0614%8h58.620−0.374%$154K$434K25xas long as short
OKX SHAZ-USDT-SWAP−0.0235%8h58.660−0.306%$440K$264K10xas long as short
QFEX SHAZ-USDlong0.0000%1h58.840long leg$1.1M$1.8M10x
Gate SHAZ_USDTshort0.0000%8h58.650−0.323%$181K$39K20x
Bitget SHAZUSDT0.0000%8h58.450−0.663%$201K$161K20xas long as short
HTX SHAZ-USDT0.0000%8h58.314−0.894%$6K$40K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SHAZUSDC+0.0697%4h58.511−0.559%$16K$290K10xas long as short