Settings8H · net · $10k
Funding arb · Price arb /

SHOP

RWAall SHOP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.034%
Price spread now: Extended against Bitget−1.151%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$1801.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.203%+$20 on $10k
Price spread, last 4 days (all we have)+1.215%+$122 · spread now −1.151%, 7d avg +0.075%
Together, before fees+1.418%+ Points / potential airdropExtended: Active · farm board+$142 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 1.226% cheaper against Bitget than usual: you would sell low and buy high (spread −1.151% now, against its 7-day average of +0.075%). If the spread goes back, that is −$123 on $10k: about 34 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SHOPUSDT140.340get 0.0000% / 8h4h 25m$328K$175K20x
ShortExtended SHOP-USD138.720.0120get 0.0015% / 1h25m 04s$263K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −1.151% → +0.075%
−$122.61
Slippage, 4 orders
−$163.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$277.5
Costs to cover
1.801%
Break-even
84.1 days
Slippage from Bitget: live order book, 25 min ago; Extended: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 25 min ago6.40 bp55.6 bp −$5680.7 bp −$807doesn't fitdoesn't fit
Sell Extended live order book, 32 min ago21.44 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit

SHOP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SHOPUSDC−0.0758%4h140.42+0.058%$18K$223K10xas long as short
Binance SHOPUSDT0.0000%8h140.39+0.036%$394K$870K20xas long as short
Bybit SHOPUSDT0.0000%8h140.48+0.100%$859K$84K25xas long as short
OKX SHOP-USDT-SWAP0.0000%8h140.22−0.086%$128K$317K20xas long as short
Bitget SHOPUSDTlong0.0000%8h140.34long leg$328K$175K20x
HTX SHOP-USDT+0.0100%8h140.55+0.150%$9K$350K10xas long as short
Extended SHOP-USDshort+0.0120%1h138.72−1.151%$263K$6K10x
Gate SHOP_USDT+0.1781%8h140.36+0.014%$270K$62K20xas long as short