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: Bitget against Binance−0.037%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.037%, 7d avg −0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SHIBUSDT | 0.000005985 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $29.0M | $88.6M | 75x |
| Short | Bitget SHIBUSDT | 0.000005983 | 0.0100 | get 0.0100% / 8h | 2h 10m | $11.6M | $12.4M | 75x |
Binance 1000SHIBUSDT
Bitget SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: −0.037% → −0.029%
- −$0.86
- Slippage, 4 orders
- −$18.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.6
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 8 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 Binance live order book, 2 min ago | 0.84 bp | 11.7 bp −$12 | 20.1 bp −$201 | 76.1 bp −$7,607 | 210.4 bp −$105.2K |
| Sell Bitget live order book, 8 min ago | 1.67 bp | 10.2 bp −$10 | 13.6 bp −$136 | 54.1 bp −$5,411 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005968 | −0.280% | $58K | $1.7M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005971 | −0.238% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005982 | −0.049% | $728 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005980 | −0.087% | $89K | $758K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0047% | 8h | 0.000005981 | −0.071% | — | $2.1M | — | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0056% | 1h | 0.000005969 | −0.273% | $1.1M | $764K | 50x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005973 | −0.204% | $152K | $286K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005980 | −0.090% | $35K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005975 | −0.171% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDTlong | +0.0100% | 8h | 0.000005985 | long leg | $29.0M | $88.6M | 75x |
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
Kraken Futures PF_SHIBUSD
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005981 | −0.071% | $7.6M | $28.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005979 | −0.104% | $6.8M | $5.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005981 | −0.071% | $31.8M | $15.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005982 | −0.054% | $4.9M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDTshort | +0.0100% | 8h | 0.000005983 | −0.037% | $11.6M | $12.4M | 75x | |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005973 | −0.204% | $25K | $5K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005985 | −0.004% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005977 | −0.138% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005968 | −0.288% | $542 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005967 | −0.305% | $403K | $615K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005973 | −0.204% | $2.1M | $5.5M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0100% | 8h | 0.000005983 | −0.044% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005979 | −0.112% | $53K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0187% | 1h | 0.000005964 | −0.355% | $245 | $67K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.461% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005972 | −0.221% | $711K | $964K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005983 | −0.037% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0682% | 1h | 0.000005996 | +0.180% | $4.3M | $3.7M | 10x | as long as short |
| dYdX SHIB-USD | +0.7495% | 1h | 0.000005970 | −0.261% | $23K | $64K | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Injective SHIB/USDC PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
dYdX SHIB-USD