Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against OKX−0.182%7-day average −0.004% · 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−$84as in the Price arb table
costs, in and out, $10k−$660.665% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.182%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.179% cheaper against OKX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHIB-USDT-SWAP | 0.000006038 | 0.0100 | pay 0.0100% / 8h | 6h 01m | $9.3M | $36.1M | 50x |
| Short | HTX SHIB-USDT | 0.000006027 | 0.0100 | get 0.0100% / 8h | 6h 01m | $412K | $583K | 75x |
OKX SHIB-USDT-SWAP
HTX SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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: −0.182% → −0.004%
- −$17.86
- Slippage, 4 orders
- −$44.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$84.34
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; HTX: live order book, 2 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 OKX live order book, 3 min ago | 0.83 bp | 8.3 bp −$8 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 2.49 bp | 11.8 bp −$12 | 104.5 bp −$1,045 | 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 | 0.000006030 | −0.136% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006033 | −0.081% | $194K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006031 | −0.111% | $734 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.033% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006021 | −0.282% | $135K | $1.1M | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006030 | −0.132% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006036 | −0.033% | $163K | $611K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006039 | +0.017% | $3.7M | $4.7M | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006032 | −0.103% | $92K | $312K | 50x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006034 | −0.071% | $29.5M | $101.6M | 75x | 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-USDC
Lighter 1000SHIB
Hyperliquid kSHIB
Aster 1000SHIBUSDT
Binance 1000SHIBUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAPlong | +0.0100% | 8h | 0.000006038 | long leg | $9.3M | $36.1M | 50x | |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006029 | −0.149% | $7.0M | $5.8M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006037 | −0.017% | $30.2M | $17.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006034 | −0.066% | $5.0M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006030 | −0.132% | $11.3M | $14.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006031 | −0.116% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006033 | −0.083% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006040 | +0.033% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006035 | −0.050% | $515 | $5K | 10x | as long as short |
| HTX SHIB-USDTshort | +0.0100% | 8h | 0.000006027 | −0.182% | $412K | $583K | 75x | |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006040 | +0.033% | $2.1M | $6.7M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006032 | −0.098% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0113% | 8h | 0.000006028 | −0.158% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006029 | −0.149% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.629% | $1K | — | 100x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0247% | 1h | 0.000006035 | −0.050% | $46K | $64K | 25x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006029 | −0.153% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0755% | 1h | 0.000006029 | −0.141% | $1.1M | $889K | 50x | as long as short |
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]
Deribit 1000SHIB_USDC-PERPETUAL
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD