Funding you earn now, next payment 01:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h +0.047%
Price spread now: Aster against Kraken Futures+0.253%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)−0.270%−$27 · spread now +0.253%, 7d avg +0.020%
=Together, before fees−0.146%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.234% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.020%): +$23 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000006063 | 0.0259 | pay 0.0032% / 1h | 38m 55s | $1.1M | $819K | 50x |
| Short | Aster 1000SHIBUSDT | 0.000006079 | 0.0100 | get 0.0100% / 8h | 7h 38m | $37K | $180K | 50x |
Kraken Futures PF_SHIBUSD
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$33.35
- Price spread: +0.253% → +0.020%
- $23.35
- Slippage, 4 orders
- −$40.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$68.91
- Costs to cover
- 0.589%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 32 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 Kraken Futures live order book, 4 min ago | 2.48 bp | 22.4 bp −$22 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 5.00 bp | 11.9 bp −$12 | 105.3 bp −$1,053 | 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 | 0.000006090 | +0.441% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006082 | +0.316% | $103K | $2.0M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006059 | −0.070% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006066 | +0.052% | $738 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.384% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006071 | +0.128% | $77K | $808K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0070% | 8h | 0.000006074 | +0.177% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006065 | +0.029% | $218K | $437K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006079 | +0.253% | $37K | $180K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006096 | +0.540% | $12K | $4K | 10x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
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 | 0.000006073 | +0.155% | $29.6M | $97.6M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006078 | +0.243% | $9.3M | $34.2M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006072 | +0.144% | $7.0M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006074 | +0.177% | $31.4M | $16.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006073 | +0.161% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006075 | +0.194% | $11.5M | $13.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006067 | +0.062% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006070 | +0.111% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006063 | −0.004% | $560 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006070 | +0.111% | $415K | $594K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006070 | +0.111% | $2.2M | $6.3M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006076 | +0.210% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0110% | 8h | 0.000006097 | +0.557% | $7K | — | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0202% | 1h | 0.000006073 | +0.161% | $25K | $6K | 15x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.043% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006063 | −0.004% | $812K | $940K | 50x | as long as short |
| Kraken Futures PF_SHIBUSDlong | +0.0259% | 1h | 0.000006063 | long leg | $1.1M | $819K | 50x | |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006077 | +0.232% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0650% | 1h | 0.000006087 | +0.392% | $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
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Hyperliquid kSHIB