Funding you earn now, next payment 02:00 UTC+0.0658%/8h= +72.1% APRpaid last 24h −0.040%
Price spread now: Kraken Futures against Aster−0.211%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.211%, 7d avg −0.020%
=Together, before fees+0.106%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.191% cheaper against Aster than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of −0.020%). If the spread goes back, that is −$19 on $10k: about 23 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.3% 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 | Aster 1000SHIBUSDT | 0.000006018 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $37K | $183K | 50x |
| Short | Kraken Futures PF_SHIBUSD | 0.000006005 | 0.0758 | get 0.0095% / 1h | 50m 27s | $1.1M | $843K | 50x |
Aster 1000SHIBUSDT
Kraken Futures PF_SHIBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $138.27
- Price spread: −0.211% → −0.020%
- −$19.09
- Slippage, 4 orders
- −$58.92
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $42.26
- Costs to cover
- 0.769%
- Break-even
- 4.9 days
Slippage from Aster: live order book, 16 min ago; Kraken Futures: live order book, 3 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 Aster live order book, 16 min ago | 7.40 bp | 15.2 bp −$15 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 4.16 bp | 20.6 bp −$21 | 36.5 bp −$365 | doesn't fit | doesn't fit |
SHIB on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006016 | −0.033% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006005 | −0.227% | $190K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006001 | −0.288% | $730 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.363% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000005986 | −0.534% | $149K | $972K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006017 | −0.019% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006022 | +0.064% | $237K | $470K | 10x | as long as short |
| Aster 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006018 | long leg | $37K | $183K | 50x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006018 | −0.008% | $29.4M | $100.8M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006019 | +0.014% | $9.1M | $35.5M | 50x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
Lighter 1000SHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006014 | −0.069% | $7.0M | $5.6M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006016 | −0.036% | $30.8M | $17.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006020 | +0.031% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006014 | −0.069% | $11.3M | $14.3M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006008 | −0.169% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006013 | −0.086% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006007 | −0.185% | $530 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006007 | −0.185% | $413K | $604K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0103% | 8h | 0.000006006 | −0.202% | $2.1M | $6.5M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006016 | −0.041% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0129% | 8h | 0.000006021 | +0.046% | $7K | $13 | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0130% | 1h | 0.000006009 | −0.152% | $23K | $7K | 15x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006020 | +0.031% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.302% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006005 | −0.219% | $871K | $934K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0250% | 1h | 0.000006008 | −0.169% | $46K | $65K | 25x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006015 | −0.051% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0625% | 1h | 0.000006021 | +0.047% | $3.8M | $4.5M | 10x | as long as short |
| Kraken Futures PF_SHIBUSDshort | +0.0758% | 1h | 0.000006005 | −0.211% | $1.1M | $843K | 50x |
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Reya kSHIBRUSDPERP
Hyperliquid kSHIB