Funding you earn now, next payment 12:00 UTC+0.0280%/8h= +30.6% APRpaid last 24h −0.015%
Price spread now: Binance against edgeX+0.194%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 2 days (all we have)−0.087%−$9 · spread now +0.194%, 7d avg +0.045%
=Together, before fees+0.045%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.149% dearer against edgeX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% 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 | edgeX SHOPUSDC | 141.60 | −0.0248 | get 0.0124% / 4h | 1h 28m | $18K | $228K | 10x |
| Short | Binance SHOPUSDT | 141.87 | 0.0032 | get 0.0032% / 8h | 5h 28m | $379K | $1.1M | 20x |
edgeX SHOPUSDC
Binance SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $58.77
- Price spread: +0.194% → +0.045%
- $14.93
- Slippage, 4 orders
- −$83.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.92
- Costs to cover
- 1.026%
- Break-even
- 10.4 days
Slippage from edgeX: live order book, 16 min ago; Binance: live order book, 12 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 edgeX live order book, 16 min ago | 9.91 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 8.13 bp | 25.8 bp −$26 | 74.5 bp −$745 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDClong | −0.0248% | 4h | 141.60 | long leg | $18K | $228K | 10x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 142.00 | +0.286% | $861K | $112K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 141.86 | +0.187% | $118K | $367K | 20x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 141.66 | +0.046% | $279K | $70K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 141.78 | +0.131% | $345K | $258K | 20x | as long as short |
| Binance SHOPUSDTshort | +0.0032% | 8h | 141.87 | +0.194% | $379K | $1.1M | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 141.80 | +0.145% | $9K | $351K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 141.84 | +0.172% | $268K | $6K | 10x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Gate SHOP_USDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD