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 Bitget+0.067%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.067%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHIBUSDT | 0.000005985 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $11.2M | $14.3M | 75x |
| Short | MEXC SHIB_USDT | 0.000005989 | 0.0100 | get 0.0100% / 8h | 5h 42m | $29.7M | $17.3M | 300x |
Bitget SHIBUSDT
MEXC SHIB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.067% → −0.008%
- $7.47
- Slippage, 4 orders
- −$18.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$22.77
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 7 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, 2 min ago | 1.67 bp | 11.7 bp −$12 | 20.2 bp −$202 | 62.2 bp −$6,216 | doesn't fit |
| Sell MEXC live order book, 7 min ago | 0.83 bp | 5.6 bp −$6 | 9.6 bp −$96 | 51.5 bp −$5,150 | 83.9 bp −$41.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.0292% | 1h | 0.000006002 | +0.290% | $1.1M | $897K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0032% | 1h | 0.000005981 | −0.067% | $135K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006006 | +0.351% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006007 | +0.364% | $192K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006000 | +0.246% | $566 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.919% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000005990 | +0.084% | — | $2.1M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0083% | 1h | 0.000006002 | +0.284% | $46K | $61K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006005 | +0.334% | $162K | $613K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006007 | +0.368% | $3.6M | $4.8M | 10x | as long as short |
Kraken Futures PF_SHIBUSD
Coinbase International 1000SHIB-PERP-INTX
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Hyperliquid kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006004 | +0.311% | $43K | $316K | 50x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005990 | +0.079% | $29.3M | $102.1M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005986 | +0.017% | $9.3M | $36.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005985 | 0.000% | $6.9M | $5.8M | 75x | as long as short |
| MEXC SHIB_USDTshort | +0.0100% | 8h | 0.000005989 | +0.067% | $29.7M | $17.3M | 300x | |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006001 | +0.267% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDTlong | +0.0100% | 8h | 0.000005985 | long leg | $11.2M | $14.3M | 75x | |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006001 | +0.267% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006001 | +0.267% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006011 | +0.434% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006005 | +0.334% | $511 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006000 | +0.251% | $410K | $583K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006010 | +0.418% | $2.1M | $6.7M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005985 | +0.007% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0111% | 8h | 0.000006013 | +0.463% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0135% | 1h | 0.000006012 | +0.451% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.458% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006010 | +0.418% | $887K | $898K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006001 | +0.271% | $1 | — | 20x | as long as short |
Aster 1000SHIBUSDT
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
KuCoin SHIBUSDTM
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP