Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: HTX against Lighter+0.116%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.116%, 7d avg −0.025%
=Together, before fees+0.009%+ Points / potential airdropLighter: Season 3 · farm board+$1 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 0.141% dearer against Lighter than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000SHIB | 0.000006021 | 0.0096 | pay 0.0012% / 1h | 24m 34s | $160K | $608K | 10x |
| Short | HTX SHIB-USDT | 0.000006028 | 0.0100 | get 0.0100% / 8h | 4h 24m | $411K | $557K | 75x |
Lighter 1000SHIB
HTX SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Lighter. 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
- $0.84
- Price spread: +0.116% → −0.025%
- $14.14
- Slippage, 4 orders
- −$52.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$49.37
- Costs to cover
- 0.643%
- Break-even
- 418.4 days
Slippage from Lighter: live order book, 16 min ago; HTX: live order book, 34 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 Lighter live order book, 16 min ago | 1.68 bp | 7.9 bp −$8 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell HTX live order book, 34 min ago | 5.04 bp | 16.7 bp −$17 | 111.4 bp −$1,114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.0349% | 1h | 0.000006027 | +0.102% | $1.1M | $931K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0088% | 1h | 0.000006010 | −0.183% | $126K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006020 | −0.019% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006029 | +0.130% | $194K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006026 | +0.090% | $569 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.316% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006016 | −0.083% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0082% | 1h | 0.000006030 | +0.149% | $46K | $58K | 25x | as long as short |
| Lighter 1000SHIBlong | +0.0096% | 1h | 0.000006021 | long leg | $160K | $608K | 10x | |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006013 | −0.126% | $40K | $321K | 50x | as long as short |
Kraken Futures PF_SHIBUSD
Coinbase International 1000SHIB-PERP-INTX
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Aster 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kSHIB | +0.0100% | 1h | 0.000006020 | −0.017% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006022 | +0.011% | $29.6M | $104.2M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006020 | −0.017% | $9.4M | $36.9M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006013 | −0.133% | $7.0M | $5.9M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006018 | −0.050% | $30.1M | $17.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006020 | −0.017% | $4.8M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006015 | −0.100% | $11.4M | $14.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006031 | +0.166% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006041 | +0.332% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006029 | +0.133% | $474 | $5K | 10x | as long as short |
| HTX SHIB-USDTshort | +0.0100% | 8h | 0.000006028 | +0.116% | $411K | $557K | 75x | |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006031 | +0.166% | $2.1M | $6.9M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006016 | −0.080% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0119% | 8h | 0.000006023 | +0.040% | $7K | $13 | 20x | as long as short |
| Hyperliquid kSHIB | +0.0135% | 1h | 0.000006026 | +0.083% | $3.6M | $4.8M | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0151% | 1h | 0.000006021 | 0.000% | $23K | $7K | 15x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.349% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006030 | +0.149% | $871K | $896K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006032 | +0.182% | $1 | — | 20x | as long as short |
Pacifica kSHIB
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
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Hyperliquid kSHIB
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP