Funding you earn now, next payment 04:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.067%
Price spread now: Aster against Reya−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.021% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kSHIBRUSDPERP | 0.000005935 | 0.0323 | pay 0.0040% / 1h | 50m 54s | $1 | — | 20x |
| Short | Aster 1000SHIBUSDT | 0.000005934 | 0.0100 | get 0.0100% / 8h | 4h 50m | $40K | $321K | 50x |
Reya kSHIBRUSDPERP
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Reya. 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
- −$46.75
- Price spread: −0.021% → 0.000%
- −$2.13
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$62.88
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 6 min ago | 5.88 bp | 41.8 bp −$42 | 146.6 bp −$1,466 | doesn't fit | doesn't fit |
Reya: 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 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 | −0.0355% | 1h | 0.000005934 | −0.023% | $1.1M | $925K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0088% | 1h | 0.000005941 | +0.100% | $125K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000005929 | −0.103% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005934 | −0.009% | $192K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005934 | −0.026% | $560 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +1.769% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000005943 | +0.134% | — | $2.1M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0087% | 1h | 0.000005939 | +0.067% | $45K | $61K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005939 | +0.067% | $159K | $603K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000005934 | −0.021% | $40K | $321K | 50x |
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-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kSHIB | +0.0100% | 1h | 0.000005933 | −0.034% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005945 | +0.165% | $29.2M | $103.3M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005944 | +0.151% | $9.2M | $36.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005933 | −0.034% | $6.9M | $5.9M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005942 | +0.117% | $29.8M | $17.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005939 | +0.067% | $4.8M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005942 | +0.117% | $11.2M | $14.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005939 | +0.067% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005935 | −0.001% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005950 | +0.252% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005935 | −0.001% | $489 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005939 | +0.067% | $405K | $566K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005940 | +0.084% | $2.1M | $6.8M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005940 | +0.090% | $53K | $4K | 25x | as long as short |
| Hyperliquid kSHIB | +0.0105% | 1h | 0.000005941 | +0.100% | $3.6M | $4.8M | 10x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0110% | 8h | 0.000005936 | +0.015% | $7K | $13 | 20x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −15.755% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005935 | −0.001% | $875K | $884K | 50x | as long as short |
| Reya kSHIBRUSDPERPlong | +0.0323% | 1h | 0.000005935 | long leg | $1 | — | 20x |
Pacifica kSHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Hyperliquid kSHIB
Paradex kSHIB-USD-PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT