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: OKX against Bitget+0.016%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.016%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHIBUSDT | 0.000006076 | 0.0100 | pay 0.0100% / 8h | 4h 02m | $11.6M | $14.7M | 75x |
| Short | OKX SHIB-USDT-SWAP | 0.000006077 | 0.0100 | get 0.0100% / 8h | 4h 02m | $9.6M | $37.4M | 50x |
Bitget SHIBUSDT
OKX SHIB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.016% → −0.011%
- $2.74
- Slippage, 4 orders
- −$21.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.3
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 2.47 bp | 10.6 bp −$11 | 16.9 bp −$169 | 64.0 bp −$6,401 | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.82 bp | 11.6 bp −$12 | 26.6 bp −$266 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.0347% | 1h | 0.000006069 | −0.114% | $1.1M | $941K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0088% | 1h | 0.000006040 | −0.592% | $124K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006077 | +0.015% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006064 | −0.206% | $193K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006071 | −0.087% | $573 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.592% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006084 | +0.132% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006081 | +0.082% | $161K | $608K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006079 | +0.050% | $41K | $321K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006080 | +0.066% | $12K | $5K | 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-USDC
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006080 | +0.066% | $30.1M | $105.9M | 75x | as long as short |
| OKX SHIB-USDT-SWAPshort | +0.0100% | 8h | 0.000006077 | +0.016% | $9.6M | $37.4M | 50x | |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006081 | +0.082% | $7.1M | $6.0M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006083 | +0.115% | $30.4M | $17.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006078 | +0.033% | $4.8M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDTlong | +0.0100% | 8h | 0.000006076 | long leg | $11.6M | $14.7M | 75x | |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006073 | −0.049% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006083 | +0.115% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006073 | −0.049% | $489 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006068 | −0.132% | $414K | $550K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006071 | −0.082% | $2.1M | $7.0M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006081 | +0.079% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0120% | 8h | 0.000006089 | +0.208% | $7K | $13 | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0128% | 1h | 0.000006076 | 0.000% | $23K | $7K | 15x | as long as short |
| Hyperliquid kSHIB | +0.0134% | 1h | 0.000006086 | +0.165% | $3.6M | $4.8M | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.251% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006071 | −0.082% | $896K | $901K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006076 | −0.008% | $1 | — | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0409% | 1h | 0.000006075 | −0.016% | $47K | $58K | 25x | as long as short |
Binance 1000SHIBUSDT
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
Hyperliquid kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Deribit 1000SHIB_USDC-PERPETUAL