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

SHIB

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Alert: funding
Alert: spread
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: Aster against Bitget+0.124%7-day average +0.022% · you sell dearer than you buy
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−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.124%, 7d avg +0.022%
Together, before fees+0.017%+ Points / potential airdropAster: Stage 5 · farm board+$2 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: Aster is 0.102% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SHIBUSDT0.0000059780.0100pay 0.0100% / 8h24m 17s$11.3M$17.1M75x
ShortAster 1000SHIBUSDT0.0000059850.0100get 0.0100% / 8h24m 17s$41K$305K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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: +0.124% → +0.022%
$10.16
Slippage, 4 orders
−$38.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$48.76
Costs to cover
0.589%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 13 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 Bitget live order book, 4 min ago1.67 bp10.6 bp −$1120.0 bp −$20055.4 bp −$5,535doesn't fit
Sell Aster live order book, 13 min ago4.16 bp25.5 bp −$25101.0 bp −$1,010doesn'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
Coinbase International 1000SHIB-PERP-INTX−0.0016%1h0.000006005+0.452%$117K$1.6M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006000+0.376%$119K$3.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005981+0.050%$50K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006000+0.371%$566150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.037%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005982+0.067%$1.7Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005993+0.251%$156K$642K10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000005985+0.124%$41K$305K50x
Pacifica kSHIB+0.0100%1h0.000005991+0.217%$12K$6K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005983+0.091%$30.3M$127.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.0000059780.000%$9.2M$43.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005980+0.033%$7.0M$7.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005981+0.050%$28.7M$20.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005986+0.134%$4.7M$3.2M75xas long as short
Bitget SHIBUSDTlong+0.0100%8h0.000005978long leg$11.3M$17.1M75x
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005999+0.351%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005980+0.033%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005990+0.201%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005977−0.017%$510$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005998+0.335%$409K$576K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006000+0.368%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000005987+0.154%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005976−0.035%$53K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0201%1h0.000005977−0.014%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000+0.368%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005997+0.318%$872K$935K50xas long as short
Hyperliquid kSHIB+0.0264%1h0.000005992+0.234%$3.6M$5.5M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005974−0.065%$120xas long as short
dYdX SHIB-USD+0.3558%1h0.000005991+0.214%$35K$70K10xas long as short