Settings8H · net · $10k
Funding arb · Price arb /

SHOP

RWAall SHOP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h −0.002%
Price spread now: Extended against Gate+0.084%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1951.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.084%, 7d avg −0.026%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.110% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHOP_USDT142.950get 0.0000% / 8h4h 10m$282K$69K20x
ShortExtended SHOP-USD143.070.0128get 0.0016% / 1h10m 45s$271K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.084% → −0.026%
$10.96
Slippage, 4 orders
−$174.68
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$156.84
Costs to cover
1.947%
Break-even
47.8 days
Slippage from Gate: live order book, 27 min ago; Extended: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 27 min ago19.71 bp87.1 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 29 min ago8.72 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

SHOP on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHOPUSDT0.0000%8h143.18+0.161%$883K$126K25xas long as short
OKX SHOP-USDT-SWAP0.0000%8h142.77−0.126%$129K$400K20xas long as short
Gate SHOP_USDTlong0.0000%8h142.95long leg$282K$69K20x
Bitget SHOPUSDT0.0000%8h142.93−0.014%$346K$260K20xas long as short
Binance SHOPUSDT+0.0055%8h143.00+0.038%$496K$1.3M20xas long as short
HTX SHOP-USDT+0.0100%8h142.89−0.042%$10K$349K10xas long as short
Extended SHOP-USDshort+0.0128%1h143.07+0.084%$271K$18K10x
edgeX SHOPUSDC+0.0186%4h142.64−0.214%$18K$227K10xas long as short