Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.034%
Price spread now: Bitget against Extended+1.164%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$1801.801% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)−1.228%−$123 · spread now +1.164%, 7d avg −0.075%
=Together, before fees−1.431%+ Points / potential airdropExtended: Active · farm board−$143 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 1.240% dearer against Extended than usual: you sell high and buy low (spread +1.164% now, against its 7-day average of −0.075%): +$124 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SHOP-USD | 138.72 | 0.0120 | pay 0.0015% / 1h | 25m 03s | $263K | $6K | 10x |
| Short | Bitget SHOPUSDT | 140.34 | 0 | get 0.0000% / 8h | 4h 25m | $328K | $175K | 20x |
Extended SHOP-USD
Bitget SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$25.2
- Price spread: +1.164% → −0.075%
- $123.95
- Slippage, 4 orders
- −$163.08
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$81.33
- Costs to cover
- 1.801%
- Break-even
- never at this rate
Slippage from Extended: live order book, 32 min ago; Bitget: live order book, 25 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 Extended live order book, 32 min ago | 21.44 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 25 min ago | 6.40 bp | 76.6 bp −$77 | 236.6 bp −$2,366 | 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 | −0.0758% | 4h | 140.42 | +1.223% | $18K | $223K | 10x | as long as short |
| Binance SHOPUSDT | 0.0000% | 8h | 140.39 | +1.200% | $394K | $870K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.48 | +1.265% | $859K | $84K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.22 | +1.078% | $128K | $317K | 20x | as long as short |
| Bitget SHOPUSDTshort | 0.0000% | 8h | 140.34 | +1.164% | $328K | $175K | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 140.55 | +1.316% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USDlong | +0.0120% | 1h | 138.72 | long leg | $263K | $6K | 10x | |
| Gate SHOP_USDT | +0.1781% | 8h | 140.36 | +1.179% | $270K | $62K | 20x | as long as short |
edgeX SHOPUSDC
Binance SHOPUSDT
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
HTX SHOP-USDT
Gate SHOP_USDT