Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Binance+0.020%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1691.695% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 2 days (all we have)−0.136%−$14 · spread now +0.020%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.057% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SHOPUSDT | 139.91 | 0 | get 0.0000% / 8h | 3h 48m | $391K | $870K | 20x |
| Short | OKX SHOP-USDT-SWAP | 139.94 | 0 | get 0.0000% / 8h | 3h 48m | $126K | $321K | 20x |
Binance SHOPUSDT
OKX SHOP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.020% → −0.037%
- $5.69
- Slippage, 4 orders
- −$149.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$163.77
- Costs to cover
- 1.695%
- Break-even
- never at this rate
Slippage from Binance: live order book, 73 min ago; OKX: live order book, 1 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, 73 min ago | 6.39 bp | 46.6 bp −$47 | 93.9 bp −$939 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 11.42 bp | 60.5 bp −$60 | 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 | −0.0332% | 4h | 140.06 | +0.105% | $18K | $224K | 10x | as long as short |
| Binance SHOPUSDTlong | 0.0000% | 8h | 139.91 | long leg | $391K | $870K | 20x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.21 | +0.213% | $859K | $87K | 25x | as long as short |
| OKX SHOP-USDT-SWAPshort | 0.0000% | 8h | 139.94 | +0.020% | $126K | $321K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.03 | +0.084% | $325K | $176K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.24 | +0.235% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −0.848% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.1541% | 8h | 139.87 | −0.030% | $269K | $60K | 20x | as long as short |
edgeX SHOPUSDC
Bybit SHOPUSDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT