Funding you earn now, next payment 02:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h +0.005%
Price spread now: Extended against edgeX−1.021%73s7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$656as 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−$6986.981% of the position
Funding, last 7 days+0.416%+$42 on $10k
+Price spread, last 4 days (all we have)+1.220%+$122 · spread now −1.021%, 7d avg +0.096%
=Together, before fees+1.637%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$164 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 1.117% cheaper against edgeX than usual: you would sell low and buy high (spread −1.021% now, against its 7-day average of +0.096%). If the spread goes back, that is −$112 on $10k: about 9.3 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.416% in total) that is about 19 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SHOPUSDC | 140.16 | −0.0281 | get 0.0141% / 4h | 2h 48m | $18K | $222K | 10x |
| Short | Extended SHOP-USD | 138.72 | 0.0120 | get 0.0015% / 1h | 48m 11s | $263K | $6K | 10x |
edgeX SHOPUSDC
Extended SHOP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $84.26
- Price spread: −1.021% → +0.096%
- −$111.74
- Slippage, 4 orders
- −$684.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$725.62
- Costs to cover
- 6.981%
- Break-even
- 67.3 days
Slippage from edgeX: live order book, 19 min ago; Extended: live order book, 19 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, 19 min ago | 16.88 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 19 min ago | 315.03 bp | 317.5 bp −$318 | 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 SHOPUSDClong | −0.0281% | 4h | 140.16 | long leg | $18K | $222K | 10x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.47 | +0.224% | $859K | $80K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.22 | +0.045% | $137K | $294K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.22 | +0.045% | $327K | $139K | 20x | as long as short |
| Binance SHOPUSDT | +0.0089% | 8h | 140.22 | +0.046% | $402K | $845K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.41 | +0.181% | $9K | $345K | 10x | as long as short |
| Extended SHOP-USDshort | +0.0120% | 1h | 138.72 | −1.021% | $263K | $6K | 10x | |
| Gate SHOP_USDT | +0.0277% | 8h | 140.11 | −0.033% | $270K | $63K | 20x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
Binance SHOPUSDT
HTX SHOP-USDT
Gate SHOP_USDT