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: Bitget against Binance+0.050%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.050%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.078% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SHIBUSDT | 0.000006092 | 0.0100 | pay 0.0100% / 8h | 58m 23s | $30.0M | $94.1M | 75x |
| Short | Bitget SHIBUSDT | 0.000006095 | 0.0100 | get 0.0100% / 8h | 58m 23s | $11.7M | $13.2M | 75x |
Binance 1000SHIBUSDT
Bitget SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: +0.050% → −0.028%
- $7.84
- Slippage, 4 orders
- −$12.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.46
- Costs to cover
- 0.343%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 5 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 Binance live order book, 14 min ago | 0.82 bp | 8.0 bp −$8 | 16.1 bp −$161 | 69.7 bp −$6,969 | 199.5 bp −$99.7K |
| Sell Bitget live order book, 5 min ago | 0.82 bp | 10.1 bp −$10 | 20.8 bp −$208 | 49.6 bp −$4,964 | 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 | 0.000006079 | −0.211% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006067 | −0.411% | $73K | $1.9M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006090 | −0.032% | $741 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0032% | 1h | 0.000006062 | −0.492% | $80K | $787K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0078% | 1h | 0.000006095 | +0.050% | $47K | $65K | 25x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006090 | −0.032% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006084 | −0.131% | $153K | $290K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006094 | +0.035% | $35K | $175K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006085 | −0.114% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006092 | long leg | $30.0M | $94.1M | 75x |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
Deribit 1000SHIB_USDC-PERPETUAL
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006094 | +0.033% | $8.8M | $32.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006090 | −0.032% | $7.0M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006089 | −0.049% | $30.6M | $16.2M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006092 | +0.001% | $4.9M | $2.5M | 75x | as long as short |
| Bitget SHIBUSDTshort | +0.0100% | 8h | 0.000006095 | +0.050% | $11.7M | $13.2M | 75x | |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006076 | −0.262% | $25K | $6K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006094 | +0.033% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006102 | +0.165% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006094 | +0.033% | $540 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006067 | −0.410% | $414K | $613K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006070 | −0.360% | $2.1M | $5.8M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0102% | 8h | 0.000006094 | +0.035% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006091 | −0.015% | $54K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0161% | 1h | 0.000006040 | −0.853% | $248 | $134K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.510% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006065 | −0.443% | $820K | $948K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006092 | +0.007% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0378% | 1h | 0.000006094 | +0.028% | $1.2M | $803K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0720% | 1h | 0.000006102 | +0.165% | $4.4M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
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
Injective SHIB/USDC PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD
Hyperliquid kSHIB