Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Aster against Gate+0.010%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.550% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.010%, 7d avg +0.055%
=Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.045% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000006008 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $6.8M | $5.3M | 75x |
| Short | Aster 1000SHIBUSDT | 0.000006009 | 0.0100 | get 0.0100% / 8h | 1h 55m | $36K | $179K | 50x |
Gate SHIB_USDT
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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: +0.010% → +0.055%
- −$4.46
- Slippage, 4 orders
- −$31.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$59.45
- Costs to cover
- 0.550%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 25 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 Gate live order book, 2 min ago | 2.51 bp | 13.9 bp −$14 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 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 | 0.000006005 | −0.042% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006005 | −0.052% | $58K | $1.7M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006011 | +0.050% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006007 | −0.023% | $731 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0008% | 1h | 0.000005984 | −0.399% | $89K | $759K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006012 | +0.067% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006011 | +0.050% | $153K | $286K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006009 | +0.010% | $36K | $179K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006011 | +0.050% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006014 | +0.100% | $29.3M | $88.8M | 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-USDC
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 | 0.000006011 | +0.050% | $7.6M | $28.3M | 50x | as long as short |
| Gate SHIB_USDTlong | +0.0100% | 8h | 0.000006008 | long leg | $6.8M | $5.3M | 75x | |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006011 | +0.050% | $31.8M | $15.4M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006008 | 0.000% | $4.9M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006012 | +0.067% | $11.7M | $12.4M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006012 | +0.067% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006018 | +0.166% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006008 | 0.000% | $539 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006009 | +0.017% | $405K | $615K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006012 | +0.067% | $2.2M | $5.5M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0103% | 8h | 0.000006009 | +0.022% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006009 | +0.022% | $53K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0141% | 1h | 0.000005975 | −0.549% | $245 | $99K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.133% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005992 | −0.266% | $713K | $942K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006005 | −0.048% | $1 | — | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0326% | 1h | 0.000006013 | +0.083% | $25K | $5K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0360% | 1h | 0.000006010 | +0.040% | $1.1M | $765K | 50x | as long as short |
| Hyperliquid kSHIB | +0.1032% | 1h | 0.000006025 | +0.283% | $4.4M | $3.8M | 10x | as long as short |
OKX SHIB-USDT-SWAP
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]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Backpack kSHIB_USDC_PERP
Kraken Futures PF_SHIBUSD
Hyperliquid kSHIB