Funding you earn now, next payment 01:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.012%
Price spread now: Aster against Deribit+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.041% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006047 | 0.0081 | pay 0.0010% / 1h | 42m 27s | $46K | $65K | 25x |
| Short | Aster 1000SHIBUSDT | 0.000006049 | 0.0100 | get 0.0100% / 8h | 7h 42m | $37K | $180K | 50x |
Deribit 1000SHIB_USDC-PERPETUAL
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $4.02
- Price spread: +0.041% → 0.000%
- $4.08
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$6.89
- Costs to cover
- 0.150%
- Break-even
- 19.0 days
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 29 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 29 min ago | 5.00 bp | 11.9 bp −$12 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006046 | −0.016% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006035 | −0.195% | $92K | $2.0M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006045 | −0.035% | $735 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.116% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006011 | −0.595% | $76K | $766K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006055 | +0.132% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALlong | +0.0081% | 1h | 0.000006047 | long leg | $46K | $65K | 25x | |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006054 | +0.116% | $200K | $412K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006049 | +0.041% | $37K | $180K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006053 | +0.099% | $12K | $4K | 10x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Lighter 1000SHIB
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006056 | +0.156% | $29.5M | $97.2M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006057 | +0.165% | $8.7M | $33.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006052 | +0.083% | $7.0M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006051 | +0.066% | $31.3M | $16.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006046 | −0.017% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006054 | +0.116% | $11.6M | $13.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006049 | +0.033% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006049 | +0.033% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006045 | −0.033% | $555 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006039 | −0.132% | $413K | $593K | 75x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006056 | +0.148% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0107% | 8h | 0.000006061 | +0.229% | $7K | — | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0114% | 1h | 0.000006047 | 0.000% | $25K | $6K | 15x | as long as short |
| Phemex u1000SHIBUSDT | +0.0143% | 8h | 0.000006045 | −0.033% | $2.1M | $6.2M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.777% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006045 | −0.033% | $809K | $941K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0259% | 1h | 0.000006047 | +0.005% | $1.1M | $815K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006052 | +0.080% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0636% | 1h | 0.000006064 | +0.281% | $4.4M | $4.0M | 10x | as long as short |
Binance 1000SHIBUSDT
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
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
Phemex u1000SHIBUSDT
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Hyperliquid kSHIB