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

SHOP

RWAall SHOP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0841%/8h= +92.1% APRpaid last 24h +0.011%
Price spread now: Bitget against edgeX−0.035%54s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1411.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.035%, 7d avg −0.020%
Together, before fees+0.192%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SHOPUSDC140.06−0.0841get 0.0420% / 4h1h 06m$18K$226K10x
ShortBitget SHOPUSDT140.010get 0.0000% / 8h1h 06m$323K$188K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$176.59
Price spread: −0.035% → −0.020%
−$1.46
Slippage, 4 orders
−$119.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$34.33
Costs to cover
1.408%
Break-even
5.6 days
Slippage from edgeX: live order book, 35 min ago; Bitget: live order book, 28 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 edgeX live order book, 35 min ago12.51 bp25.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 28 min ago6.79 bp49.9 bp −$50124.9 bp −$1,249doesn'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 SHOPUSDClong−0.0841%4h140.06long leg$18K$226K10x
Binance SHOPUSDT0.0000%8h140.09+0.024%$384K$921K20xas long as short
Bybit SHOPUSDT0.0000%8h140.13+0.051%$853K$96K25xas long as short
OKX SHOP-USDT-SWAP0.0000%8h139.94−0.084%$124K$333K20xas long as short
Bitget SHOPUSDTshort0.0000%8h140.01−0.035%$323K$188K20x
HTX SHOP-USDT+0.0100%8h140.03−0.020%$9K$351K10xas long as short
Extended SHOP-USD+0.0120%1h138.72−0.952%$263K$6K10xas long as short
Gate SHOP_USDT+0.0674%8h139.99−0.049%$270K$63K20xas long as short