Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against HTX+0.016%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.016%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHIB-USDT | 0.000006091 | 0.0100 | pay 0.0100% / 8h | 50m 00s | $415K | $613K | 75x |
| Short | KuCoin SHIBUSDTM | 0.000006092 | 0.0100 | get 0.0100% / 8h | 50m 00s | $4.9M | $2.5M | 75x |
HTX SHIB-USDT
KuCoin SHIBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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% → +0.012%
- $0.46
- Slippage, 4 orders
- −$63.95
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$87.5
- Costs to cover
- 0.880%
- Break-even
- never at this rate
Slippage from HTX: live order book, 29 min ago; KuCoin: live order book, 8 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 HTX live order book, 29 min ago | 3.29 bp | 35.0 bp −$35 | 102.6 bp −$1,026 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 2.46 bp | 19.2 bp −$19 | 53.2 bp −$532 | 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 | 0.000006099 | +0.134% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006097 | +0.099% | $73K | $1.9M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006092 | +0.016% | $47K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006094 | +0.048% | $741 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0032% | 1h | 0.000006113 | +0.361% | $81K | $791K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006090 | −0.016% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006092 | +0.016% | $154K | $290K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006092 | +0.022% | $35K | $175K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006106 | +0.246% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006093 | +0.039% | $30.0M | $94.6M | 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
Aster 1000SHIBUSDT
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 | 0.000006096 | +0.082% | $8.8M | $32.5M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006089 | −0.033% | $7.0M | $5.6M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006093 | +0.033% | $30.6M | $16.2M | 300x | as long as short |
| KuCoin SHIBUSDTMshort | +0.0100% | 8h | 0.000006092 | +0.016% | $4.9M | $2.5M | 75x | |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006094 | +0.049% | $11.6M | $13.2M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006091 | 0.000% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006104 | +0.213% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006090 | −0.016% | $533 | $5K | 10x | as long as short |
| HTX SHIB-USDTlong | +0.0100% | 8h | 0.000006091 | long leg | $415K | $613K | 75x | |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006090 | −0.016% | $2.1M | $5.9M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0102% | 8h | 0.000006107 | +0.271% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006094 | +0.054% | $54K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0161% | 1h | 0.000006040 | −0.837% | $248 | $134K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.494% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006097 | +0.099% | $815K | $954K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006098 | +0.118% | $1 | — | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0367% | 1h | 0.000006095 | +0.066% | $25K | $6K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0379% | 1h | 0.000006093 | +0.028% | $1.2M | $803K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0710% | 1h | 0.000006104 | +0.213% | $4.4M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
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