Funding you earn now, next payment 08:00 UTC+0.0448%/8h= +49.1% APRpaid last 24h −0.027%
Price spread now: edgeX against OKX+0.200%51s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1551.554% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)−0.493%−$49 · spread now +0.200%, 7d avg −0.029%
=Together, before fees−0.675%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.230% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHOP-USDT-SWAP | 138.82 | 0 | get 0.0000% / 8h | 16m 46s | $122K | $330K | 20x |
| Short | edgeX SHOPUSDC | 139.10 | 0.0448 | get 0.0224% / 4h | 16m 46s | $18K | $228K | 10x |
OKX SHOP-USDT-SWAP
edgeX SHOPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $94.18
- Price spread: +0.200% → −0.029%
- $22.96
- Slippage, 4 orders
- −$136.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$38.25
- Costs to cover
- 1.554%
- Break-even
- 9.8 days
Slippage from OKX: live order book, 19 min ago; edgeX: live order book, 20 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, 19 min ago | 12.93 bp | 84.2 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 20 min ago | 9.68 bp | 26.5 bp −$27 | doesn't fit | 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 | 139.11 | +0.210% | $376K | $942K | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 139.12 | +0.216% | $845K | $99K | 25x | as long as short |
| OKX SHOP-USDT-SWAPlong | 0.0000% | 8h | 138.82 | long leg | $122K | $330K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 139.06 | +0.173% | $295K | $200K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 139.30 | +0.346% | $9K | $352K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −0.068% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0434% | 8h | 139.01 | +0.137% | $268K | $63K | 20x | as long as short |
| edgeX SHOPUSDCshort | +0.0448% | 4h | 139.10 | +0.200% | $18K | $228K | 10x |
Binance SHOPUSDT
Bybit SHOPUSDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT