Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against HTX−0.396%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$677as in the Price arb table
costs, in and out, $10k−$6546.535% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now −0.396%, 7d avg −0.163%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.234% cheaper against HTX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.163%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHOP-USDT | 141.28 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $9K | $349K | 10x |
| Short | Bitget SHOPUSDT | 140.72 | 0 | get 0.0000% / 8h | 5h 14m | $342K | $164K | 20x |
HTX SHOP-USDT
Bitget SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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: −0.396% → −0.163%
- −$23.37
- Slippage, 4 orders
- −$629.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$697.87
- Costs to cover
- 6.535%
- Break-even
- never at this rate
Slippage from HTX: live order book, 49 min ago; Bitget: live order book, 41 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 HTX live order book, 49 min ago | 26.35 bp | 231.7 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 5.34 bp | 74.3 bp −$74 | 231.2 bp −$2,312 | 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 | 140.84 | −0.310% | $396K | $868K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.86 | −0.297% | $862K | $84K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 140.87 | −0.290% | $128K | $317K | 20x | as long as short |
| Bitget SHOPUSDTshort | 0.0000% | 8h | 140.72 | −0.396% | $342K | $164K | 20x | |
| HTX SHOP-USDTlong | +0.0100% | 8h | 141.28 | long leg | $9K | $349K | 10x | |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.808% | $263K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0169% | 4h | 140.72 | −0.400% | $18K | $224K | 10x | as long as short |
| Gate SHOP_USDT | +0.2025% | 8h | 140.50 | −0.552% | $270K | $63K | 20x | as long as short |
Binance SHOPUSDT
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Extended SHOP-USD
edgeX SHOPUSDC
Gate SHOP_USDT