SHOP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSHOP2USD-USDT	160.00	+0.0050	pay 0.0050% / 8h	54m 02s	$925K	$1.3M	—	Long BingX
SHORT	MEXCSHOPSTOCK_USDT	160.04	0	0.0000% / 8h	54m 02s	$2.1M	$108K	50x	Short MEXC

Price gap+0.025%

Funding gap−0.0050% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.1 days.

If you open now and hold

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

Funding−$11−0.0050% /8h now · paid −0.105% over the last 7D

Price+$3spread +0.025% now, avg −0.006% → +0.031% if it goes back

Costs−$1001.002% of $10k · taker + slippage, in and out

Result−$108−1.08%no pointsWhat the last 7D really paid, hour by hour → backtest

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+0.025%

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 size23.4 / 23.6 bp
At $10k entering MEXC costs 23.6 bp, fee and slippage, 1.0× BingX’s.
Note: Margin at max leverage— + $200
BingX —, MEXC 50x. 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 BingX: 3 payments, −$1.50; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you+0.025% vs −0.006%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$925K vs $2.1M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · MEXC Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0050%/8h × 21 periods−$10.50

Price spread+0.025% → −0.006% (7d avg)+$3.09

Slippage, 4 orderslive order books−$90.19

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$107.59

Costs to cover1.002%Break-evennever at this rate

Slippage: BingX: live order book, 10 min ago; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX9.3723.4 bp−$2371.1 bp−$711130.2 bp−$13.0K567.5 bp−$283.8K

SELL · SHORTMEXC6.2523.6 bp−$24119.3 bp−$1,193212.5 bp−$21.2Kdoesn’t fit

Closing costs about the same again.

SHOP news

posts that mention SHOP or Shopify, from every exchangeSearch all news →

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 $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:13	Avantis	Listing	new market SHOP/USD ($SHOP) seen by our collector
09-22 00:45	Kalshi	Other	BREAKING: Shopify partners with Muse to bring agentic checkout with Shop Pay to all Shopify stores @Kalshi on X ↗
09-15 18:05	Orderly	Other	Creating a Perp DEX from scratch used to cost $500,000+ and take hundreds of hours. Build a matching engine. Bootstrap liquidity. Onboard market makers. Get your own smart contracts audited. Then relist every market by hand. Then hope anyone shows up. Now... $10. One time. 30 minutes to live. Orderly One is Shopify for Perp DEXs, you bring the brand, we bring the orderbook, the liquidity, and the markets. The time to build is now👇🏼 @OrderlyNetwork on X ↗