SHOP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceSHOPUSDT	142.23	0	0.0000% / 8h	2h 04m	$393K	$814K	20x	Long Binance
SHORT	BingXNCSKSHOP2USD-USDT	142.26	+0.0050	get 0.0050% / 8h	2h 04m	$925K	$678K	—	Short BingX

Price gap+0.021%

Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$2+0.0050% /8h now · paid −0.019% over the last 7D

Price+$4spread +0.021% now, avg −0.016% → +0.037% if it goes back

Costs−$910.915% of $10k · taker + slippage, in and out

Result−$90−0.90%no points

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.021%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SHOP on 12 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size28.8 / 16.6 bp
At $10k entering Binance costs 28.8 bp, fee and slippage, 1.7× BingX’s.
Note: Margin at max leverage$500 + —
Binance 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
OK: Entry gap works for you+0.021% vs −0.016%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$393K vs $925K OI
Binance sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · BingX Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0009%/8h × 21 periods−$1.90

Price spread+0.021% → −0.016% (7d avg)+$3.71

Slippage, 4 orderslive order books−$73.48

Fee Binance bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$89.67

Costs to cover0.915%Break-evennever at this rate

Slippage: Binance: live order book, 45 min ago; BingX: live order book, 62 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance4.9028.8 bp−$29117.8 bp−$1,178doesn’t fitdoesn’t fit

SELL · SHORTBingX8.6616.6 bp−$1762.2 bp−$622112.0 bp−$11.2K643.5 bp−$321.7K

Closing costs about the same again.

SHOP news

posts that mention SHOP or Shopify, from every exchange

11-03 12:30	OKX	Other	This week, $SHOP, $AMD, $CRCL & $QCOM report earnings after market close. Trade both names 24/7 with Tokenized Stocks, or take a long or short view with up to 10x leverage on X-Perps. Markets move. You do too. @okx on X ↗
11-03 12:20	Kalshi	Other	JUST IN: Shopify reports $3.74 billion in Q3 revenue, missing estimates by $10 million @Kalshi on X ↗
11-02 03:49	Backpack	Other	Earnings & macro to watch for Nov 2–6 ▸ Macro: US midterm elections, BoE decision, Oct jobs report ▸ Earnings: $AAPL $PLTR $AMD $SHOP $SMCI $ANET $UBER $APP $MCD $QCOM $ARM $CRCL $NET $IONQ $SOUN $ABNB $IREN $OKLO $XYZ $AFRM $DKNG Full market calendar → @Backpack on X ↗
10-11 12:00	KuCoin	Other	Solana’s stablecoin supply is holding above $15 billion, and holder addresses just hit a record 14.02 million, up more than 4 million since the start of 2026. Payments are driving the next leg. Samsung Wallet plans USDC transfers for its ~82 million US Galaxy devices by late October, and Open USD launched natively on Solana with Visa, Mastercard, Stripe, and Shopify among its founding partners. Can Solana turn that scale into everyday payments? Find out on the KuCoin Blog 👇 @kucoincom on X ↗
10-02 17:56	Variational Omni	Listing	new market SHOP ($SHOP) seen by our collector
09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗