Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.030%
Price spread now: Extended against Binance−0.025%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 2 days (all we have)+0.162%+$16 · spread now −0.025%, 7d avg −0.166%
=Together, before fees+0.355%+ Points / potential airdropExtended: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.140% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SHOPUSDT | 138.11 | 0 | get 0.0000% / 8h | 1h 25m | $425K | $529K | 20x |
| Short | Extended SHOP-USD | 138.07 | 0.0120 | get 0.0015% / 1h | 25m 16s | $261K | $6K | 10x |
Binance SHOPUSDT
Extended SHOP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $25.2
- Price spread: −0.025% → −0.166%
- $14.05
- Slippage, 4 orders
- −$80.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.41
- Costs to cover
- 0.957%
- Break-even
- 22.7 days
Slippage from Binance: live order book, 37 min ago; Extended: live order book, 57 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, 37 min ago | 4.35 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 16.51 bp | 19.0 bp −$19 | 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 SHOPUSDC | −0.0104% | 4h | 138.14 | +0.024% | $18K | $219K | 10x | as long as short |
| Binance SHOPUSDTlong | 0.0000% | 8h | 138.11 | long leg | $425K | $529K | 20x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 138.32 | +0.152% | $847K | $71K | 25x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 138.09 | −0.014% | $264K | $56K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 138.17 | +0.043% | $294K | $129K | 20x | as long as short |
| OKX SHOP-USDT-SWAP | +0.0014% | 8h | 138.42 | +0.224% | $132K | $183K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 138.33 | +0.159% | $9K | $344K | 10x | as long as short |
| Extended SHOP-USDshort | +0.0120% | 1h | 138.07 | −0.025% | $261K | $6K | 10x |
edgeX SHOPUSDC
Bybit SHOPUSDT
Gate SHOP_USDT
Bitget SHOPUSDT
OKX SHOP-USDT-SWAP
HTX SHOP-USDT