Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against HTX+0.210%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$706as in the Price arb table
costs, in and out, $10k−$7297.291% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.210%, 7d avg −0.016%
=The price spread pays, funding is against you. Bybit is 0.226% dearer against HTX than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of −0.016%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHOP-USDT | 142.89 | 0.0100 | pay 0.0100% / 8h | 4h 11m | $10K | $349K | 10x |
| Short | Bybit SHOPUSDT | 143.19 | 0 | get 0.0000% / 8h | 4h 11m | $883K | $126K | 25x |
HTX SHOP-USDT
Bybit SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.210% → −0.016%
- $22.61
- Slippage, 4 orders
- −$706.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$727.44
- Costs to cover
- 7.291%
- Break-even
- never at this rate
Slippage from HTX: live order book, 29 min ago; Bybit: live order book, 27 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, 29 min ago | 19.76 bp | 287.3 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 7.03 bp | 158.5 bp −$159 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHOPUSDTshort | 0.0000% | 8h | 143.19 | +0.210% | $883K | $126K | 25x | |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 142.77 | −0.084% | $129K | $400K | 20x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 142.95 | +0.042% | $282K | $69K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 142.89 | 0.000% | $346K | $260K | 20x | as long as short |
| Binance SHOPUSDT | +0.0055% | 8h | 143.02 | +0.088% | $496K | $1.3M | 20x | as long as short |
| HTX SHOP-USDTlong | +0.0100% | 8h | 142.89 | long leg | $10K | $349K | 10x | |
| Extended SHOP-USD | +0.0128% | 1h | 143.07 | +0.125% | $271K | $18K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0186% | 4h | 142.64 | −0.173% | $18K | $227K | 10x | as long as short |
OKX SHOP-USDT-SWAP
Gate SHOP_USDT
Bitget SHOPUSDT
Binance SHOPUSDT
Extended SHOP-USD
edgeX SHOPUSDC