Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.063%
Price spread now: HTX against Hyperliquid−0.050%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$840.841% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)−0.166%−$17 · spread now −0.050%, 7d avg −0.141%
=Together, before fees−0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 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: HTX is 0.091% dearer against Hyperliquid than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000006002 | 0.0100 | pay 0.0013% / 1h | 29m 15s | $3.7M | $4.7M | 10x |
| Short | HTX SHIB-USDT | 0.000005999 | 0.0100 | get 0.0100% / 8h | 6h 29m | $411K | $592K | 75x |
Hyperliquid kSHIB
HTX SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. 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: −0.050% → −0.141%
- $9.12
- Slippage, 4 orders
- −$63.08
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$74.97
- Costs to cover
- 0.841%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; HTX: live order book, 39 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 Hyperliquid live order book, 3 min ago | 0.83 bp | 11.3 bp −$11 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell HTX live order book, 39 min ago | 4.93 bp | 17.0 bp −$17 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
SHIB on 28 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 | 0.000006001 | −0.017% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006000 | −0.025% | $190K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005997 | −0.092% | $729 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.633% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006006 | +0.067% | $135K | $1.1M | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000005999 | −0.050% | — | $2.1M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0084% | 1h | 0.000005997 | −0.083% | $46K | $64K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005998 | −0.067% | $162K | $610K | 10x | as long as short |
| Hyperliquid kSHIBlong | +0.0100% | 1h | 0.000006002 | long leg | $3.7M | $4.7M | 10x | |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005999 | −0.057% | $40K | $183K | 50x | 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-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006000 | −0.028% | $29.3M | $101.7M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006002 | 0.000% | $9.1M | $35.8M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005994 | −0.133% | $6.9M | $5.7M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005999 | −0.050% | $30.7M | $17.5M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005999 | −0.050% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005998 | −0.067% | $11.4M | $14.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006000 | −0.033% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005996 | −0.100% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006005 | +0.050% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005996 | −0.100% | $523 | $5K | 10x | as long as short |
| HTX SHIB-USDTshort | +0.0100% | 8h | 0.000005999 | −0.050% | $411K | $592K | 75x | |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006000 | −0.033% | $2.1M | $6.6M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005993 | −0.147% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0121% | 8h | 0.000006008 | +0.095% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006006 | +0.067% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.694% | $1K | — | 100x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005996 | −0.103% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0760% | 1h | 0.000005992 | −0.169% | $1.1M | $862K | 50x | as long as short |
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD