Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster−0.006%7-day average −0.034% · 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−$47as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.006%, 7d avg −0.034%
=Together, before fees−0.117%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.028% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000SHIBUSDT | 0.000006028 | 0.0100 | pay 0.0100% / 8h | 45m 18s | $41K | $329K | 50x |
| Short | MEXC SHIB_USDT | 0.000006028 | 0.0100 | get 0.0100% / 8h | 45m 18s | $28.1M | $19.7M | 300x |
Aster 1000SHIBUSDT
MEXC SHIB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.006% → −0.034%
- $2.76
- Slippage, 4 orders
- −$41.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$46.57
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from Aster: live order book, 57 min ago; MEXC: 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, 57 min ago | 5.83 bp | 12.0 bp −$12 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.83 bp | 4.8 bp −$5 | 10.6 bp −$106 | 55.8 bp −$5,578 | 86.8 bp −$43.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0016% | 1h | 0.000006025 | −0.056% | $117K | $1.6M | 50x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006029 | +0.010% | $116K | $3.2M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006026 | −0.039% | $50K | $59K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006023 | −0.084% | $569 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.193% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0070% | 8h | 0.000006027 | −0.023% | — | $1.7M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006030 | +0.027% | $157K | $640K | 10x | as long as short |
| Aster 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006028 | long leg | $41K | $329K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006029 | +0.010% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006028 | 0.000% | $30.4M | $127.3M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Lighter 1000SHIB
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006028 | −0.006% | $9.2M | $43.4M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006024 | −0.073% | $7.1M | $7.3M | 75x | as long as short |
| MEXC SHIB_USDTshort | +0.0100% | 8h | 0.000006028 | −0.006% | $28.1M | $19.7M | 300x | |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006026 | −0.039% | $4.7M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006028 | −0.006% | $11.4M | $17.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006029 | +0.010% | $23K | $8K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006029 | +0.010% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006037 | +0.143% | $2K | $27K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006026 | −0.039% | $510 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006027 | −0.023% | $411K | $576K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006031 | +0.043% | $2.1M | $7.6M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0104% | 8h | 0.000006027 | −0.022% | $7K | $13 | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006024 | −0.076% | $53K | $4K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0199% | 1h | 0.000006025 | −0.049% | $1.2M | $1.0M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000006000 | −0.471% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006024 | −0.073% | $872K | $937K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0269% | 1h | 0.000006034 | +0.093% | $3.6M | $5.5M | 10x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006024 | −0.073% | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | +0.1466% | 1h | 0.000006029 | +0.007% | $36K | $70K | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Kraken Futures PF_SHIBUSD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Hyperliquid kSHIB
Reya kSHIBRUSDPERP
dYdX SHIB-USD