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

SHAZ

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.3671%/8h= +402.0% APRpaid last 24h +0.204%
Price spread now: Gate against tradeXYZ+0.355%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$4244.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.355%, 7d avg +0.093%
Together, before fees−0.188%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$110 a day on $10k at the current rate, and Gate is 0.262% dearer against tradeXYZ than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.093%. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SHAZ58.562−0.3671get 0.0459% / 1h52m 38s$1.2M$275K10x
ShortGate SHAZ_USDT58.7700get 0.0000% / 8h1h 52m$182K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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
$770.98
Price spread: +0.355% → +0.093%
$26.24
Slippage, 4 orders
−$390.68
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$373.54
Costs to cover
4.237%
Break-even
3.6 days
Slippage from tradeXYZ: live order book, 4 min ago; Gate: live order book, 48 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 tradeXYZ live order book, 4 min ago3.07 bp53.3 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 48 min ago25.24 bp191.2 bp −$191doesn'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:SHAZlong−0.3671%1h58.562long leg$1.2M$275K10x
Binance SHAZUSDT−0.1756%8h58.550−0.021%$473K$1.8M10xas long as short
Variational Omni SHAZ−0.1460%8h58.610+0.082%$20K$29Kas long as short
Bybit SHAZUSDT−0.1008%8h58.630+0.116%$153K$232K25xas long as short
KuCoin SHAZUSDTM−0.0470%8h58.690+0.219%$73K$351K20xas long as short
OKX SHAZ-USDT-SWAP−0.0226%8h58.500−0.106%$440K$258K10xas long as short
QFEX SHAZ-USD0.0000%1h58.440−0.208%$1.1M$1.6M10xas long as short
Gate SHAZ_USDTshort0.0000%8h58.770+0.355%$182K$39K20x
Bitget SHAZUSDT0.0000%8h58.590+0.048%$200K$150K20xas long as short
HTX SHAZ-USDT0.0000%8h58.838+0.471%$6K$40K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SHAZUSDC+0.0457%4h58.612+0.085%$16K$290K10xas long as short