Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Gate against OKX+0.036%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4564.562% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.036%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.038% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.
| 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 18m | $118K | $357K | 20x |
| Short | Gate SHOP_USDT | 140.31 | 0 | get 0.0000% / 8h | 6h 18m | $276K | $70K | 20x |
OKX SHOP-USDT-SWAP
Gate SHOP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.036% → −0.003%
- $3.83
- Slippage, 4 orders
- −$431.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$452.4
- Costs to cover
- 4.562%
- Break-even
- never at this rate
Slippage from OKX: live order book, 29 min ago; Gate: live order book, 29 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, 29 min ago | 9.33 bp | 96.5 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 29 min ago | 6.82 bp | 135.1 bp −$135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDT | 0.0000% | 8h | 140.37 | +0.078% | $380K | $1.1M | 20x | as long as short |
| Bybit SHOPUSDT | 0.0000% | 8h | 140.51 | +0.178% | $851K | $111K | 25x | as long as short |
| OKX SHOP-USDT-SWAPlong | 0.0000% | 8h | 140.26 | long leg | $118K | $357K | 20x | |
| Gate SHOP_USDTshort | 0.0000% | 8h | 140.31 | +0.036% | $276K | $70K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.39 | +0.093% | $341K | $253K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.52 | +0.185% | $9K | $353K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 140.39 | +0.096% | $265K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0443% | 4h | 140.42 | +0.114% | $18K | $227K | 10x | as long as short |
Binance SHOPUSDT
Bybit SHOPUSDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
edgeX SHOPUSDC