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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1411.408% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SHOPUSDC | 140.06 | −0.0841 | get 0.0420% / 4h | 1h 06m | $18K | $226K | 10x |
| Short | Bitget SHOPUSDT | 140.01 | 0 | get 0.0000% / 8h | 1h 06m | $323K | $188K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 35 min ago | 12.51 bp | 25.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 6.79 bp | 49.9 bp −$50 | 124.9 bp −$1,249 | 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 SHOPUSDClong | −0.0841% | 4h | 140.06 | long leg | $18K | $226K | 10x | |
| Binance SHOPUSDT | 0.0000% | 8h | 140.09 | +0.024% | $384K | $921K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.13 | +0.051% | $853K | $96K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 139.94 | −0.084% | $124K | $333K | 20x | as long as short |
| Bitget SHOPUSDTshort | 0.0000% | 8h | 140.01 | −0.035% | $323K | $188K | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 140.03 | −0.020% | $9K | $351K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −0.952% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0674% | 8h | 139.99 | −0.049% | $270K | $63K | 20x | as long as short |
edgeX SHOPUSDC
Bitget SHOPUSDT
Binance SHOPUSDT
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT