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 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.035%
Price spread now: Extended against Bybit−0.398%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$2852.848% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.398%, 7d avg −0.114%
Together, before fees+0.439%+ Points / potential airdropExtended: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.284% cheaper against Bybit than usual: you would sell low and buy high (spread −0.398% now, against its 7-day average of −0.114%). If the spread goes back, that is −$28 on $10k: about 7.9 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SHOPUSDT139.280get 0.0000% / 8h22m 12s$846K$99K25x
ShortExtended SHOP-USD138.720.0120get 0.0015% / 1h22m 12s$263K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: −0.398% → −0.114%
−$28.4
Slippage, 4 orders
−$268.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$287.96
Costs to cover
2.848%
Break-even
87.0 days
Slippage from Bybit: live order book, 13 min ago; Extended: live order book, 15 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 Bybit live order book, 13 min ago5.74 bp116.3 bp −$1161060.2 bp −$10.6Kdoesn't fitdoesn't fit
Sell Extended live order book, 15 min ago33.30 bp35.8 bp −$36doesn'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
Binance SHOPUSDT0.0000%8h139.14−0.098%$380K$942K20xas long as short
Bybit SHOPUSDTlong0.0000%8h139.28long leg$846K$99K25x
OKX SHOP-USDT-SWAP0.0000%8h138.82−0.330%$122K$330K20xas long as short
Bitget SHOPUSDT0.0000%8h139.15−0.093%$298K$198K20xas long as short
HTX SHOP-USDT+0.0100%8h139.05−0.165%$9K$352K10xas long as short
Extended SHOP-USDshort+0.0120%1h138.72−0.398%$263K$6K10x
Gate SHOP_USDT+0.0455%8h139.02−0.187%$268K$63K20xas long as short
edgeX SHOPUSDC+0.0786%4h139.11−0.120%$18K$227K10xas long as short