Funding you earn now, next payment 08:00 UTC+0.1306%/8h= +143.1% APRpaid last 24h +0.245%
Price spread now: edgeX against tradeXYZ+0.088%66s7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1781.776% of the position
Funding, last 7 days−0.315%−$31 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.088%, 7d avg +0.086%
=Together, before fees−0.230%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$39 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.315%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.315% in total (about -16.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHAZ | 58.536 | −0.1249 | get 0.0156% / 1h | 6m 22s | $1.2M | $294K | 10x |
| Short | edgeX SHAZUSDC | 58.588 | 0.0057 | get 0.0029% / 4h | 6m 22s | $16K | $290K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- $274.35
- Price spread: +0.088% → +0.086%
- $0.27
- Slippage, 4 orders
- −$150.6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $97.02
- Costs to cover
- 1.776%
- Break-even
- 4.5 days
Slippage from tradeXYZ: live order book, 1 min ago; edgeX: live order book, 31 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 tradeXYZ live order book, 1 min ago | 3.16 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 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 | −0.2237% | 8h | 58.630 | +0.161% | $472K | $2.0M | 10x | as long as short |
| Variational Omni SHAZ | −0.1924% | 8h | 58.588 | +0.088% | $25K | $34K | — | as long as short |
| tradeXYZ xyz:SHAZlong | −0.1249% | 1h | 58.536 | long leg | $1.2M | $294K | 10x | |
| KuCoin SHAZUSDTM | −0.0881% | 8h | 58.590 | +0.092% | $71K | $365K | 20x | as long as short |
| Bybit SHAZUSDT | −0.0598% | 8h | 58.650 | +0.195% | $156K | $435K | 25x | as long as short |
| OKX SHAZ-USDT-SWAP | −0.0230% | 8h | 58.630 | +0.161% | $440K | $263K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.620 | +0.144% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.640 | +0.178% | $181K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.540 | +0.007% | $201K | $161K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.513 | −0.039% | $6K | $40K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHAZUSDCshort | +0.0057% | 4h | 58.588 | +0.088% | $16K | $290K | 10x |
tradeXYZ xyz:SHAZ
edgeX SHAZUSDC
Binance SHAZUSDT
Variational Omni SHAZ
KuCoin SHAZUSDTM
Bybit SHAZUSDT
OKX SHAZ-USDT-SWAP
Gate SHAZ_USDT
Bitget SHAZUSDT
HTX SHAZ-USDT