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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Paradex+0.058%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.058% dearer against Paradex than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kSHIB-USD-PERP0.0000060280.0114pay 0.0114% / 8h6h 04m$7K$1320x
ShortAster 1000SHIBUSDT0.0000060320.0100get 0.0100% / 8h6h 04m$92K$307K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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
−$2.96
Price spread: +0.058% → 0.000%
$5.84
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.12
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Aster live order book, 61 min ago7.40 bp23.7 bp −$24107.9 bp −$1,079doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHIB on 28 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%1h0.000006031+0.038%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006030+0.027%$194K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006030+0.025%$734150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.191%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0072%1h0.000006021−0.124%$135K$1.1M50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006030+0.025%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0082%1h0.000006033+0.075%$46K$64K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006030+0.025%$163K$610K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006039+0.175%$3.7M$4.7M10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006032+0.058%$92K$307K50x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006031+0.034%$29.5M$101.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006036+0.125%$9.3M$36.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006028−0.008%$7.0M$5.7M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006029+0.009%$30.2M$17.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006028−0.008%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006032+0.058%$11.3M$14.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006028−0.008%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006031+0.042%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006039+0.175%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006032+0.058%$516$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006026−0.041%$412K$583K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006031+0.042%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006028−0.006%$53K$4K25xas long as short
Paradex kSHIB-USD-PERPlong+0.0114%8h0.000006028long leg$7K$1320x
Pacifica kSHIB+0.0183%1h0.000006031+0.042%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.472%$1K100xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006030+0.033%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0756%1h0.000006025−0.057%$1.1M$880K50xas long as short