Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Bitget−0.285%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$1781.778% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 2 days (all we have)+0.406%+$41 · spread now −0.285%, 7d avg +0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.396% cheaper against Bitget than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHOPUSDT | 140.22 | 0 | get 0.0000% / 8h | 1h 35m | $325K | $186K | 20x |
| Short | Binance SHOPUSDT | 139.82 | 0 | get 0.0000% / 8h | 1h 35m | $383K | $916K | 20x |
Bitget SHOPUSDT
Binance SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.285% → +0.111%
- −$39.59
- Slippage, 4 orders
- −$155.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$217.35
- Costs to cover
- 1.778%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 65 min ago; Binance: 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 Bitget live order book, 65 min ago | 5.72 bp | 58.5 bp −$59 | 112.4 bp −$1,124 | doesn't fit | doesn't fit |
| Sell Binance live order book, 57 min ago | 4.99 bp | 15.6 bp −$16 | 75.8 bp −$758 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDTshort | 0.0000% | 8h | 139.82 | −0.285% | $383K | $916K | 20x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.03 | −0.136% | $853K | $96K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 139.86 | −0.257% | $125K | $332K | 20x | as long as short |
| Bitget SHOPUSDTlong | 0.0000% | 8h | 140.22 | long leg | $325K | $186K | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 139.97 | −0.178% | $9K | $351K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.066% | $263K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0487% | 4h | 139.79 | −0.304% | $18K | $226K | 10x | as long as short |
| Gate SHOP_USDT | +0.0794% | 8h | 139.78 | −0.314% | $269K | $63K | 20x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
HTX SHOP-USDT
Extended SHOP-USD
edgeX SHOPUSDC
Gate SHOP_USDT