Funding you earn now, next payment 04:00 UTC−0.0275%/8h= −30.1% APRpaid last 24h +0.013%
Price spread now: edgeX against Binance−0.033%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 2 days (all we have)−0.038%−$4 · spread now −0.033%, 7d avg −0.045%
=Together, before fees−0.270%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SHOPUSDT | 140.26 | 0.0079 | pay 0.0079% / 8h | 6h 43m | $400K | $849K | 20x |
| Short | edgeX SHOPUSDC | 140.21 | −0.0196 | pay 0.0098% / 4h | 2h 43m | $18K | $223K | 10x |
Binance SHOPUSDT
edgeX SHOPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$57.78
- Price spread: −0.033% → −0.045%
- $1.25
- Slippage, 4 orders
- −$85.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$160.71
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Binance: live order book, 49 min ago; edgeX: live order book, 24 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 Binance live order book, 49 min ago | 4.68 bp | 22.0 bp −$22 | 86.4 bp −$864 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 16.88 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
SHOP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDCshort | −0.0196% | 4h | 140.21 | −0.033% | $18K | $223K | 10x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.42 | +0.114% | $859K | $80K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.24 | −0.014% | $137K | $294K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.24 | −0.014% | $327K | $140K | 20x | as long as short |
| Binance SHOPUSDTlong | +0.0079% | 8h | 140.26 | long leg | $400K | $849K | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 140.29 | +0.021% | $9K | $345K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.094% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0610% | 8h | 140.06 | −0.143% | $270K | $63K | 20x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT