Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin−0.176%102s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 3 days (all we have)+0.185%+$19 · spread now −0.176%, 7d avg +0.038%
=Together, before fees−0.025%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.215% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.038%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SHIB-USDT | 0.000006027 | 0.0220 | pay 0.0220% / 8h | 1h 53m | $712K | $946K | 50x |
| Short | Aster 1000SHIBUSDT | 0.000006016 | 0.0100 | get 0.0100% / 8h | 1h 53m | $36K | $179K | 50x |
BloFin SHIB-USDT
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$25.2
- Price spread: −0.176% → +0.038%
- −$21.49
- Slippage, 4 orders
- −$32.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$99.42
- Costs to cover
- 0.527%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; Aster: live order book, 28 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 BloFin live order book, 44 min ago | 2.53 bp | 11.6 bp −$12 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 5.85 bp | 13.9 bp −$14 | 139.9 bp −$1,399 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006015 | −0.199% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006020 | −0.110% | $58K | $1.7M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006014 | −0.216% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006014 | −0.216% | $732 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0008% | 1h | 0.000005984 | −0.713% | $89K | $759K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0062% | 8h | 0.000006016 | −0.183% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006018 | −0.149% | $153K | $286K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006016 | −0.176% | $36K | $179K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006018 | −0.149% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006017 | −0.161% | $29.3M | $89.0M | 75x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
Lighter 1000SHIB
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006010 | −0.282% | $7.6M | $28.4M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006012 | −0.249% | $6.8M | $5.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006017 | −0.166% | $31.8M | $15.4M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006017 | −0.166% | $4.9M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006010 | −0.282% | $11.7M | $12.4M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006019 | −0.133% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006026 | −0.017% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006014 | −0.216% | $540 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006012 | −0.249% | $406K | $615K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006002 | −0.415% | $2.2M | $5.5M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0104% | 8h | 0.000006019 | −0.136% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006011 | −0.273% | $53K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0141% | 1h | 0.000005975 | −0.863% | $245 | $99K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.448% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDTlong | +0.0220% | 8h | 0.000006027 | long leg | $712K | $946K | 50x | |
| Backpack kSHIB_USDC_PERP | +0.0304% | 1h | 0.000006013 | −0.232% | $25K | $5K | 15x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006008 | −0.322% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0360% | 1h | 0.000006017 | −0.172% | $1.1M | $765K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0998% | 1h | 0.000006022 | −0.083% | $4.4M | $3.8M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
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]
Backpack kSHIB_USDC_PERP
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD
Hyperliquid kSHIB