Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster−0.040%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.040%, 7d avg −0.038%
Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060660.0100pay 0.0100% / 8h1h 09m$35K$175K50x
ShortKuCoin SHIBUSDTM0.0000060640.0100get 0.0100% / 8h1h 09m$4.9M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.040% → −0.038%
−$0.17
Slippage, 4 orders
−$28.88
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$49.04
Costs to cover
0.489%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago4.11 bp11.5 bp −$1199.5 bp −$995doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.65 bp9.4 bp −$943.0 bp −$430doesn't fitdoesn't fit

SHIB on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SHIB-USD0.0000%1h0.000006064−0.041%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006061−0.082%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006057−0.155%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006058−0.140%$737150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006070+0.059%$80K$786K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006065−0.023%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006068+0.026%$153K$290K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006066long leg$35K$175K50x
Pacifica kSHIB+0.0100%1h0.000006068+0.026%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006067+0.016%$29.8M$93.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006066−0.007%$8.8M$31.9M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006060−0.105%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006068+0.026%$30.7M$16.3M300xas long as short
KuCoin SHIBUSDTMshort+0.0100%8h0.000006064−0.040%$4.9M$2.5M75x
Bitget SHIBUSDT+0.0100%8h0.000006066−0.007%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006063−0.056%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006056−0.171%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006065−0.023%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006060−0.105%$544$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006058−0.138%$413K$618K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006061−0.089%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006066−0.014%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006063−0.060%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.435%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.095%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006064−0.040%$816K$948K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006053−0.222%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006063−0.053%$1.2M$799K50xas long as short
Hyperliquid kSHIB+0.0787%1h0.000006075+0.142%$4.4M$4.0M10xas long as short