Funding you earn now, next payment 12:00 UTC+0.0458%/8h= +50.2% APRpaid last 24h +0.034%
Price spread now: edgeX against Bitget−0.031%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.031%, 7d avg +0.025%
=Together, before fees−0.092%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHOPUSDT | 142.09 | 0 | get 0.0000% / 8h | 4h 51m | $344K | $260K | 20x |
| Short | edgeX SHOPUSDC | 142.05 | 0.0458 | get 0.0229% / 4h | 51m 21s | $18K | $227K | 10x |
Bitget SHOPUSDT
edgeX SHOPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $96.25
- Price spread: −0.031% → +0.025%
- −$5.55
- Slippage, 4 orders
- −$105.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$35.44
- Costs to cover
- 1.261%
- Break-even
- 9.6 days
Slippage from Bitget: live order book, 47 min ago; edgeX: live order book, 54 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, 47 min ago | 8.86 bp | 48.0 bp −$48 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 9.91 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
SHOP on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHOPUSDT | 0.0000% | 8h | 142.25 | +0.113% | $863K | $112K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 142.32 | +0.162% | $120K | $381K | 20x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 142.03 | −0.042% | $280K | $68K | 20x | as long as short |
| Bitget SHOPUSDTlong | 0.0000% | 8h | 142.09 | long leg | $344K | $260K | 20x | |
| Binance SHOPUSDT | +0.0027% | 8h | 142.34 | +0.174% | $384K | $1.2M | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 141.82 | −0.190% | $10K | $349K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 141.99 | −0.072% | $270K | $6K | 10x | as long as short |
| edgeX SHOPUSDCshort | +0.0458% | 4h | 142.05 | −0.031% | $18K | $227K | 10x |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Gate SHOP_USDT
Binance SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD