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: Binance against Bitget+0.050%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.050%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHIBUSDT | 0.000005968 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $11.6M | $12.4M | 75x |
| Short | Binance 1000SHIBUSDT | 0.000005971 | 0.0100 | get 0.0100% / 8h | 2h 15m | $29.0M | $88.6M | 75x |
Bitget SHIBUSDT
Binance 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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% → +0.029%
- $2.16
- Slippage, 4 orders
- −$15.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.53
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 13 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 Bitget live order book, 3 min ago | 1.67 bp | 11.2 bp −$11 | 18.9 bp −$189 | 57.0 bp −$5,696 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.84 bp | 7.6 bp −$8 | 18.6 bp −$186 | 69.4 bp −$6,942 | 184.7 bp −$92.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005963 | −0.090% | $58K | $1.7M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005967 | −0.017% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005966 | −0.028% | $725 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005933 | −0.586% | $89K | $752K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0040% | 8h | 0.000005965 | −0.050% | — | $2.1M | — | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0056% | 1h | 0.000005968 | +0.003% | $1.1M | $762K | 50x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005969 | +0.017% | $152K | $286K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005962 | −0.095% | $35K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005966 | −0.034% | $11K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDTshort | +0.0100% | 8h | 0.000005971 | +0.050% | $29.0M | $88.6M | 75x |
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
Kraken Futures PF_SHIBUSD
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 | 0.000005964 | −0.067% | $7.6M | $28.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005961 | −0.117% | $6.8M | $5.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005962 | −0.101% | $31.7M | $15.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005963 | −0.084% | $4.9M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDTlong | +0.0100% | 8h | 0.000005968 | long leg | $11.6M | $12.4M | 75x | |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005961 | −0.117% | $25K | $5K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005968 | 0.000% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005974 | +0.101% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005965 | −0.050% | $539 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005971 | +0.050% | $403K | $615K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005972 | +0.067% | $2.1M | $5.5M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0100% | 8h | 0.000005967 | −0.013% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005965 | −0.047% | $53K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0187% | 1h | 0.000005964 | −0.067% | $245 | $67K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.220% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005961 | −0.117% | $712K | $963K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005963 | −0.085% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0671% | 1h | 0.000005974 | +0.101% | $4.3M | $3.7M | 10x | as long as short |
| dYdX SHIB-USD | +0.7713% | 1h | 0.000005963 | −0.090% | $23K | $64K | 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
Hyperliquid kSHIB
dYdX SHIB-USD