Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against OKX−0.136%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1661.663% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 2 days (all we have)+0.305%+$31 · spread now −0.136%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.162% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHOP-USDT-SWAP | 140.26 | 0 | get 0.0000% / 8h | 6h 57m | $119K | $354K | 20x |
| Short | Binance SHOPUSDT | 140.07 | 0 | get 0.0000% / 8h | 6h 57m | $376K | $1.1M | 20x |
OKX SHOP-USDT-SWAP
Binance SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: −0.136% → +0.026%
- −$16.23
- Slippage, 4 orders
- −$146.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$182.55
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; Binance: live order book, 5 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 OKX live order book, 33 min ago | 13.58 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.08 bp | 33.0 bp −$33 | 161.4 bp −$1,614 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDC | −0.0267% | 4h | 139.56 | −0.497% | $18K | $228K | 10x | as long as short |
| Binance SHOPUSDTshort | 0.0000% | 8h | 140.07 | −0.136% | $376K | $1.1M | 20x | |
| Bybit SHOPUSDT | 0.0000% | 8h | 139.95 | −0.221% | $848K | $109K | 25x | as long as short |
| OKX SHOP-USDT-SWAPlong | 0.0000% | 8h | 140.26 | long leg | $119K | $354K | 20x | |
| Gate SHOP_USDT | 0.0000% | 8h | 139.63 | −0.449% | $275K | $68K | 20x | as long as short |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.05 | −0.150% | $362K | $242K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.16 | −0.071% | $9K | $354K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 140.00 | −0.185% | $265K | $6K | 10x | as long as short |
edgeX SHOPUSDC
Bybit SHOPUSDT
Gate SHOP_USDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD