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

SHOP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.004%
Price spread now: Extended against HTX+0.004%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5535.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.004%, 7d avg −0.020%
Together, before fees−0.091%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.023% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SHOP-USDT138.720.0100pay 0.0100% / 8h7h 36m$9K$344K10x
ShortExtended SHOP-USD138.720.0120get 0.0015% / 1h36m 36s$263K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$4.2
Price spread: +0.004% → −0.020%
$2.34
Slippage, 4 orders
−$535.91
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$546.37
Costs to cover
5.529%
Break-even
917.6 days
Slippage from HTX: live order book, 36 min ago; Extended: live order book, 36 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 HTX live order book, 36 min ago6.12 bp236.4 bp −$236doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 36 min ago22.93 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit

SHOP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SHOPUSDC−0.0792%4h138.72+0.003%$18K$222K10xas long as short
Bybit SHOPUSDT0.0000%8h138.75+0.022%$850K$70K25xas long as short
OKX SHOP-USDT-SWAP0.0000%8h138.55−0.123%$131K$196K20xas long as short
Gate SHOP_USDT0.0000%8h138.64−0.058%$264K$57K20xas long as short
Bitget SHOPUSDT0.0000%8h138.81+0.065%$295K$114K20xas long as short
HTX SHOP-USDTlong+0.0100%8h138.72long leg$9K$344K10x
Binance SHOPUSDT+0.0104%8h138.72−0.001%$426K$556K20xas long as short
Extended SHOP-USDshort+0.0120%1h138.72+0.004%$263K$6K10x