Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit−0.221%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$714as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7357.353% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.221%, 7d avg +0.022%
=Funding pays, the price is against you. HTX is 0.243% cheaper against Bybit than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of +0.022%). If the spread goes back, that is −$24 on $10k: about 8.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SHOPUSDT | 140.22 | 0 | get 0.0000% / 8h | 1h 18m | $854K | $96K | 25x |
| Short | HTX SHOP-USDT | 139.91 | 0.0100 | get 0.0100% / 8h | 1h 18m | $9K | $351K | 10x |
Bybit SHOPUSDT
HTX SHOP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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: −0.221% → +0.022%
- −$24.34
- Slippage, 4 orders
- −$712.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$738.61
- Costs to cover
- 7.353%
- Break-even
- 253.2 days
Slippage from Bybit: live order book, 21 min ago; HTX: live order book, 24 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 Bybit live order book, 21 min ago | 6.78 bp | 115.4 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 24 min ago | 13.55 bp | 251.5 bp −$251 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDC | −0.0865% | 4h | 140.01 | −0.151% | $18K | $226K | 10x | as long as short |
| Binance SHOPUSDT | 0.0000% | 8h | 139.97 | −0.178% | $383K | $920K | 20x | as long as short |
| Bybit SHOPUSDTlong | 0.0000% | 8h | 140.22 | long leg | $854K | $96K | 25x | |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.13 | −0.064% | $125K | $333K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.13 | −0.064% | $324K | $187K | 20x | as long as short |
| HTX SHOP-USDTshort | +0.0100% | 8h | 139.91 | −0.221% | $9K | $351K | 10x | |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.066% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0718% | 8h | 140.00 | −0.157% | $270K | $63K | 20x | as long as short |
edgeX SHOPUSDC
Binance SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
Extended SHOP-USD
Gate SHOP_USDT