Funding you earn now, next payment 13:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h +0.001%
Price spread now: Gate against Extended−0.167%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$2882.882% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.167%, 7d avg +0.026%
=Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.194% cheaper against Extended than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SHOP-USD | 147.75 | 0.0128 | pay 0.0016% / 1h | 24m 27s | $279K | $17K | 10x |
| Short | Gate SHOP_USDT | 147.50 | 0 | get 0.0000% / 8h | 3h 24m | $328K | $79K | 20x |
Extended SHOP-USD
Gate SHOP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$26.88
- Price spread: −0.167% → +0.026%
- −$19.36
- Slippage, 4 orders
- −$268.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$334.42
- Costs to cover
- 2.882%
- Break-even
- never at this rate
Slippage from Extended: live order book, 11 min ago; Gate: live order book, 9 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, 11 min ago | 13.77 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 19.26 bp | 166.9 bp −$167 | doesn't fit | 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 SHOPUSDC | −0.0993% | 4h | 147.00 | −0.506% | $19K | $228K | 10x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 147.92 | +0.117% | $922K | $141K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 147.89 | +0.097% | $137K | $445K | 20x | as long as short |
| Gate SHOP_USDTshort | 0.0000% | 8h | 147.50 | −0.167% | $328K | $79K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 147.60 | −0.099% | $312K | $315K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 147.83 | +0.056% | $9K | $349K | 10x | as long as short |
| Binance SHOPUSDT | +0.0100% | 8h | 147.87 | +0.081% | $528K | $1.4M | 20x | as long as short |
| Extended SHOP-USDlong | +0.0128% | 1h | 147.75 | long leg | $279K | $17K | 10x |
edgeX SHOPUSDC
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
HTX SHOP-USDT
Binance SHOPUSDT