Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: HTX against Gate−0.007%7-day average +0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$857as in the Funding arb table
Net, price: spread back to 7d avg − costs−$888as in the Price arb table
costs, in and out, $10k−$8768.762% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.007%, 7d avg +0.113%
=Funding pays, the price is against you. HTX is 0.120% cheaper against Gate than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.113%). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHOP_USDT | 138.38 | 0 | get 0.0000% / 8h | 7h 43m | $266K | $63K | 20x |
| Short | HTX SHOP-USDT | 138.37 | 0.0100 | get 0.0100% / 8h | 7h 43m | $9K | $353K | 10x |
Gate SHOP_USDT
HTX SHOP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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
- $21
- Price spread: −0.007% → +0.113%
- −$12
- Slippage, 4 orders
- −$849.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$867.23
- Costs to cover
- 8.762%
- Break-even
- 296.1 days
Slippage from Gate: live order book, 48 min ago; HTX: live order book, 54 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 Gate live order book, 48 min ago | 12.21 bp | 170.0 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 54 min ago | 12.54 bp | 280.0 bp −$280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SHOPUSDT | −0.0023% | 8h | 138.50 | +0.087% | $295K | $201K | 20x | as long as short |
| Binance SHOPUSDT | 0.0000% | 8h | 138.56 | +0.130% | $376K | $977K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 138.64 | +0.188% | $843K | $100K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 138.55 | +0.123% | $122K | $330K | 20x | as long as short |
| Gate SHOP_USDTlong | 0.0000% | 8h | 138.38 | long leg | $266K | $63K | 20x | |
| HTX SHOP-USDTshort | +0.0100% | 8h | 138.37 | −0.007% | $9K | $353K | 10x | |
| Extended SHOP-USD | +0.0120% | 1h | 138.43 | +0.035% | $262K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0436% | 4h | 139.01 | +0.457% | $18K | $228K | 10x | as long as short |
Bitget SHOPUSDT
Binance SHOPUSDT
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Extended SHOP-USD
edgeX SHOPUSDC