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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHAZ | 58.562 | −0.3671 | get 0.0459% / 1h | 52m 38s | $1.2M | $275K | 10x |
| Short | Gate SHAZ_USDT | 58.770 | 0 | get 0.0000% / 8h | 1h 52m | $182K | $39K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 4 min ago | 3.07 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 25.24 bp | 191.2 bp −$191 | 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:SHAZlong | −0.3671% | 1h | 58.562 | long leg | $1.2M | $275K | 10x | |
| Binance SHAZUSDT | −0.1756% | 8h | 58.550 | −0.021% | $473K | $1.8M | 10x | as long as short |
| Variational Omni SHAZ | −0.1460% | 8h | 58.610 | +0.082% | $20K | $29K | — | as long as short |
| Bybit SHAZUSDT | −0.1008% | 8h | 58.630 | +0.116% | $153K | $232K | 25x | as long as short |
| KuCoin SHAZUSDTM | −0.0470% | 8h | 58.690 | +0.219% | $73K | $351K | 20x | as long as short |
| OKX SHAZ-USDT-SWAP | −0.0226% | 8h | 58.500 | −0.106% | $440K | $258K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.440 | −0.208% | $1.1M | $1.6M | 10x | as long as short |
| Gate SHAZ_USDTshort | 0.0000% | 8h | 58.770 | +0.355% | $182K | $39K | 20x | |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.590 | +0.048% | $200K | $150K | 20x | as long as short |
| HTX SHAZ-USDT | 0.0000% | 8h | 58.838 | +0.471% | $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 SHAZUSDC | +0.0457% | 4h | 58.612 | +0.085% | $16K | $290K | 10x | as long as short |
tradeXYZ xyz:SHAZ
Gate SHAZ_USDT
Binance SHAZUSDT
Variational Omni SHAZ
Bybit SHAZUSDT
KuCoin SHAZUSDTM
OKX SHAZ-USDT-SWAP
Bitget SHAZUSDT
HTX SHAZ-USDT
edgeX SHAZUSDC