Funding you earn now, next payment 08:00 UTC+0.0350%/8h= +38.3% APRpaid last 24h +0.204%
Price spread now: HTX against tradeXYZ−0.535%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. HTX is 0.535% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.535% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 5.1 days of funding at the current rate (+$10 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHAZ | 58.930 | −0.0350 | get 0.0044% / 1h | 57m 23s | $1.2M | $286K | 10x |
| Short | HTX SHAZ-USDT | 58.615 | 0 | get 0.0000% / 8h | 57m 23s | $6K | $40K | 10x |
tradeXYZ xyz:SHAZ
HTX SHAZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $73.49
- Price spread: −0.535% → 0.000%
- −$53.45
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$9.96
- Costs to cover
- 0.300%
- Break-even
- 7.9 days
Slippage unknown: tradeXYZ: live order book, 10 min ago; HTX: no order-book sample. Net counts fees only.
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, 10 min ago | 3.64 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.2176% | 8h | 58.943 | +0.022% | $478K | $1.9M | 10x | as long as short |
| Variational Omni SHAZ | −0.1883% | 8h | 59.030 | +0.169% | $20K | $30K | — | as long as short |
| edgeX SHAZUSDC | −0.0926% | 4h | 59.003 | +0.123% | $17K | $290K | 10x | as long as short |
| KuCoin SHAZUSDTM | −0.0833% | 8h | 59.050 | +0.204% | $72K | $352K | 20x | as long as short |
| Bybit SHAZUSDT | −0.0748% | 8h | 59.040 | +0.187% | $155K | $430K | 25x | as long as short |
| tradeXYZ xyz:SHAZlong | −0.0350% | 1h | 58.930 | long leg | $1.2M | $286K | 10x | |
| OKX SHAZ-USDT-SWAP | −0.0332% | 8h | 58.910 | −0.034% | $442K | $266K | 10x | as long as short |
| QFEX SHAZ-USD | 0.0000% | 1h | 58.780 | −0.255% | $1.1M | $1.8M | 10x | as long as short |
| Gate SHAZ_USDT | 0.0000% | 8h | 58.970 | +0.068% | $182K | $39K | 20x | as long as short |
| Bitget SHAZUSDT | 0.0000% | 8h | 58.930 | 0.000% | $204K | $160K | 20x | as long as short |
Binance SHAZUSDT
Variational Omni SHAZ
edgeX SHAZUSDC
KuCoin SHAZUSDTM
Bybit SHAZUSDT
OKX SHAZ-USDT-SWAP
QFEX SHAZ-USD
Gate SHAZ_USDT
Bitget SHAZUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SHAZ-USDTshort | 0.0000% | 8h | 58.615 | −0.535% | $6K | $40K | 10x |