Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%
Price spread now: Extended against BloFin−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.069% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SHIB-USDT | 0.000006109 | 0.0220 | pay 0.0220% / 8h | 3h 57m | $899K | $905K | 50x |
| Short | Extended 1000SHIB-USD | 0.000006105 | 0.0104 | get 0.0013% / 1h | 57m 06s | $54K | $4K | 25x |
BloFin SHIB-USDT
Extended 1000SHIB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$24.36
- Price spread: −0.069% → 0.000%
- −$6.89
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$48.25
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 40 min ago; Extended: no order-book sample. Net counts fees only.
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, 40 min ago | 1.68 bp | 9.3 bp −$9 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0168% | 1h | 0.000006092 | −0.278% | $124K | $1.1M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.0064% | 1h | 0.000006108 | −0.024% | $1.1M | $945K | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006100 | −0.149% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006102 | −0.111% | $193K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006103 | −0.105% | $576 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −1.129% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006113 | +0.065% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006115 | +0.098% | $162K | $608K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006106 | −0.042% | $42K | $322K | 50x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006115 | +0.100% | $30.4M | $106.5M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
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 | 0.000006109 | 0.000% | $9.7M | $37.8M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006110 | +0.016% | $7.1M | $6.0M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006111 | +0.033% | $30.9M | $17.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006104 | −0.082% | $4.8M | $2.8M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006112 | +0.049% | $11.6M | $14.7M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006106 | −0.049% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006124 | +0.246% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006109 | 0.000% | $488 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006110 | +0.016% | $416K | $551K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006111 | +0.033% | $2.1M | $7.0M | 50x | as long as short |
| Extended 1000SHIB-USDshort | +0.0104% | 1h | 0.000006105 | −0.069% | $54K | $4K | 25x | |
| Paradex kSHIB-USD-PERP | +0.0121% | 8h | 0.000006110 | +0.017% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0188% | 1h | 0.000006105 | −0.065% | $12K | $5K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0191% | 1h | 0.000006117 | +0.131% | $3.7M | $4.8M | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.784% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDTlong | +0.0220% | 8h | 0.000006109 | long leg | $899K | $905K | 50x | |
| Backpack kSHIB_USDC_PERP | +0.0311% | 1h | 0.000006115 | +0.098% | $23K | $7K | 15x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006101 | −0.127% | $1 | — | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0405% | 1h | 0.000006110 | +0.016% | $47K | $58K | 25x | 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
Pacifica kSHIB
Hyperliquid kSHIB
GMX SHIB/USD [ETH-USDC]
Backpack kSHIB_USDC_PERP
Reya kSHIBRUSDPERP
Deribit 1000SHIB_USDC-PERPETUAL