Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against OKX+0.180%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2001.996% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.180%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.235% dearer against OKX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHOP-USDT-SWAP | 138.91 | 0 | get 0.0000% / 8h | 22m 57s | $122K | $330K | 20x |
| Short | Bitget SHOPUSDT | 139.16 | 0 | get 0.0000% / 8h | 22m 57s | $301K | $198K | 20x |
OKX SHOP-USDT-SWAP
Bitget SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.180% → −0.055%
- $23.54
- Slippage, 4 orders
- −$177.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$176.01
- Costs to cover
- 1.996%
- Break-even
- never at this rate
Slippage from OKX: live order book, 12 min ago; Bitget: live order book, 7 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, 12 min ago | 12.93 bp | 84.2 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 7 min ago | 7.54 bp | 18.9 bp −$19 | 51.8 bp −$518 | 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 | 139.05 | +0.101% | $379K | $938K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 139.15 | +0.173% | $847K | $98K | 25x | as long as short |
| OKX SHOP-USDT-SWAPlong | 0.0000% | 8h | 138.91 | long leg | $122K | $330K | 20x | |
| Bitget SHOPUSDTshort | 0.0000% | 8h | 139.16 | +0.180% | $301K | $198K | 20x | |
| HTX SHOP-USDT | +0.0100% | 8h | 139.22 | +0.223% | $9K | $352K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −0.133% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0459% | 8h | 139.03 | +0.086% | $268K | $63K | 20x | as long as short |
| edgeX SHOPUSDC | +0.0786% | 4h | 139.11 | +0.146% | $18K | $227K | 10x | as long as short |
Binance SHOPUSDT
Bybit SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT
edgeX SHOPUSDC