Funding you earn now, next payment 12:00 UTC−0.0735%/8h= −80.5% APRpaid last 24h +0.001%
Price spread now: edgeX against HTX+0.385%7-day average −0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$552as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$5205.196% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)−0.368%−$37 · spread now +0.385%, 7d avg −0.135%
=Together, before fees−0.693%+ Points / potential airdropedgeX: Active · farm board−$69 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.520% dearer against HTX than usual: you sell high and buy low (spread +0.385% now, against its 7-day average of −0.135%): +$52 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.326% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHOP-USDT | 141.70 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $10K | $349K | 10x |
| Short | edgeX SHOPUSDC | 142.25 | −0.0635 | pay 0.0318% / 4h | 48m 33s | $18K | $227K | 10x |
HTX SHOP-USDT
edgeX SHOPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$154.45
- Price spread: +0.385% → −0.135%
- $52.04
- Slippage, 4 orders
- −$498.63
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$622.03
- Costs to cover
- 5.196%
- Break-even
- never at this rate
Slippage from HTX: live order book, 57 min ago; edgeX: live order book, 57 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, 57 min ago | 33.92 bp | 207.0 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 9.91 bp | 25.8 bp −$26 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDCshort | −0.0635% | 4h | 142.25 | +0.385% | $18K | $227K | 10x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 142.26 | +0.395% | $863K | $112K | 25x | as long as short |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 142.41 | +0.501% | $123K | $388K | 20x | as long as short |
| Gate SHOP_USDT | 0.0000% | 8h | 142.18 | +0.339% | $280K | $68K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 142.08 | +0.268% | $344K | $260K | 20x | as long as short |
| Binance SHOPUSDT | +0.0043% | 8h | 142.32 | +0.438% | $384K | $1.2M | 20x | as long as short |
| HTX SHOP-USDTlong | +0.0100% | 8h | 141.70 | long leg | $10K | $349K | 10x | |
| Extended SHOP-USD | +0.0120% | 1h | 142.04 | +0.241% | $270K | $6K | 10x | as long as short |
Bybit SHOPUSDT
OKX SHOP-USDT-SWAP
Gate SHOP_USDT
Bitget SHOPUSDT
Binance SHOPUSDT
Extended SHOP-USD