Funding you earn now, next payment 07:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.019%
Price spread now: OKX against Extended+1.200%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$2102.098% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)−1.060%−$106 · spread now +1.200%, 7d avg −0.004%
=Together, before fees−1.247%+ Points / potential airdropExtended: Active · farm board−$125 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 1.204% dearer against Extended than usual: you sell high and buy low (spread +1.200% now, against its 7-day average of −0.004%): +$120 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 33 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 | 50m 22s | $263K | $6K | 10x |
| Short | OKX SHOP-USDT-SWAP | 140.39 | 0 | get 0.0000% / 8h | 1h 50m | $124K | $331K | 20x |
Extended SHOP-USD
OKX SHOP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +1.200% → −0.004%
- $120.45
- Slippage, 4 orders
- −$194.8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$114.55
- Costs to cover
- 2.098%
- Break-even
- never at this rate
Slippage from Extended: live order book, 57 min ago; OKX: live order book, 55 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, 57 min ago | 42.92 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 55 min ago | 10.70 bp | 57.3 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDT | 0.0000% | 8h | 140.07 | +0.970% | $387K | $910K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.22 | +1.078% | $855K | $94K | 25x | as long as short |
| OKX SHOP-USDT-SWAPshort | 0.0000% | 8h | 140.39 | +1.200% | $124K | $331K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.22 | +1.078% | $327K | $185K | 20x | as long as short |
| edgeX SHOPUSDC | +0.0006% | 4h | 140.06 | +0.962% | $18K | $226K | 10x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.34 | +1.164% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USDlong | +0.0120% | 1h | 138.72 | long leg | $263K | $6K | 10x | |
| Gate SHOP_USDT | +0.0764% | 8h | 139.98 | +0.905% | $270K | $63K | 20x | as long as short |
Binance SHOPUSDT
Bybit SHOPUSDT
Bitget SHOPUSDT
edgeX SHOPUSDC
HTX SHOP-USDT
Gate SHOP_USDT