Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.062%
Price spread now: Extended against Hyperliquid−0.022%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.022% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kSHIB0.0000059880.0100pay 0.0013% / 1h18m 35s$3.6M$4.8M10x
ShortExtended 1000SHIB-USD0.0000059870.0104get 0.0013% / 1h18m 35s$53K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.022% → 0.000%
−$2.16
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.32
Costs to cover
0.140%
Break-even
134.6 days
Slippage unknown: Hyperliquid: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 3 min ago1.66 bp10.7 bp −$1120.5 bp −$205doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SHIBUSD−0.0293%1h0.000005995+0.112%$1.1M$904K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000005995+0.117%$133K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005991+0.047%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005997+0.157%$191K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005995+0.125%$566150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.868%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000005989+0.017%$1.6Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0084%1h0.000005998+0.167%$46K$61K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005997+0.150%$161K$614K10xas long as short
Hyperliquid kSHIBlong+0.0100%1h0.000005988long leg$3.6M$4.8M10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000006001+0.218%$41K$318K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005989+0.015%$29.4M$102.4M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005985−0.050%$9.3M$36.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005986−0.033%$6.9M$5.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005991+0.050%$29.6M$17.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005991+0.050%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005977−0.184%$11.2M$14.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005999+0.184%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005998+0.167%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006007+0.317%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005997+0.150%$497$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005998+0.167%$410K$583K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006000+0.200%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000005987−0.022%$53K$4K25x
Paradex kSHIB-USD-PERP+0.0111%8h0.000005996+0.131%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000005995+0.117%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.500%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005997+0.150%$872K$900K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005981−0.122%$120xas long as short