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

SHIB

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Alert: funding
Alert: spread
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: Aster against KuCoin−0.008%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.008%, 7d avg +0.038%
Together, before fees+0.055%+ Points / potential airdropAster: Stage 5 · farm board+$6 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 0.046% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHIBUSDTM0.0000060650.0100pay 0.0100% / 8h1h 36m$4.9M$2.4M75x
ShortAster 1000SHIBUSDT0.0000060650.0100get 0.0100% / 8h1h 36m$35K$175K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
Price spread: −0.008% → +0.038%
−$4.56
Slippage, 4 orders
−$42.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$66.99
Costs to cover
0.624%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago1.65 bp18.9 bp −$1962.5 bp −$625doesn't fitdoesn't fit
Sell Aster live order book, 45 min ago5.85 bp13.9 bp −$14139.9 bp −$1,399doesn't fitdoesn't fit

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
dYdX SHIB-USD0.0000%1h0.000006067+0.036%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006085+0.333%$85K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006074+0.148%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006074+0.148%$739150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006137+1.187%$82K$798K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006059−0.099%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006075+0.165%$153K$288K10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006065−0.008%$35K$175K50x
Pacifica kSHIB+0.0100%1h0.000006069+0.066%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006063−0.034%$29.8M$92.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.0000060650.000%$8.9M$31.4M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006058−0.115%$6.9M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006066+0.016%$30.9M$15.9M300xas long as short
KuCoin SHIBUSDTMlong+0.0100%8h0.000006065long leg$4.9M$2.4M75x
Bitget SHIBUSDT+0.0100%8h0.000006064−0.016%$11.6M$12.8M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006075+0.165%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006084+0.313%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006075+0.165%$538$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006075+0.165%$414K$634K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006070+0.082%$2.1M$5.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006065+0.002%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006062−0.050%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000005975−1.484%$245$99K5.5xas long as short
Backpack kSHIB_USDC_PERP+0.0197%1h0.000006076+0.181%$25K$5K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.072%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006075+0.165%$820K$951K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006075+0.172%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0356%1h0.000006079+0.230%$1.2M$784K50xas long as short
Hyperliquid kSHIB+0.0856%1h0.000006086+0.346%$4.4M$4.0M10xas long as short