Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against Bitget+0.370%56s7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5455.447% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.370%, 7d avg +0.165%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.205% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.165%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHOPUSDT | 140.40 | 0 | get 0.0000% / 8h | 5h 53m | $341K | $257K | 20x |
| Short | HTX SHOP-USDT | 140.92 | 0.0100 | get 0.0100% / 8h | 5h 53m | $9K | $352K | 10x |
Bitget SHOPUSDT
HTX SHOP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.370% → +0.165%
- $20.54
- Slippage, 4 orders
- −$520.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$503.19
- Costs to cover
- 5.447%
- Break-even
- 174.7 days
Slippage from Bitget: live order book, 53 min ago; HTX: 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, 53 min ago | 7.55 bp | 52.9 bp −$53 | 87.0 bp −$870 | doesn't fit | doesn't fit |
| Sell HTX live order book, 57 min ago | 39.38 bp | 235.3 bp −$235 | 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 | 140.49 | +0.064% | $851K | $110K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.44 | +0.028% | $118K | $358K | 20x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 140.43 | +0.021% | $276K | $69K | 20x | as long as short |
| Bitget SHOPUSDTlong | 0.0000% | 8h | 140.40 | long leg | $341K | $257K | 20x | |
| Binance SHOPUSDT | +0.0031% | 8h | 140.53 | +0.096% | $380K | $1.1M | 20x | as long as short |
| HTX SHOP-USDTshort | +0.0100% | 8h | 140.92 | +0.370% | $9K | $352K | 10x | |
| Extended SHOP-USD | +0.0120% | 1h | 140.41 | +0.007% | $265K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0574% | 4h | 140.51 | +0.081% | $18K | $226K | 10x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Gate SHOP_USDT
Binance SHOPUSDT
Extended SHOP-USD
edgeX SHOPUSDC