Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against Binance−0.119%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.119%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.064% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SHIBUSDT | 0.000006029 | 0.0100 | pay 0.0100% / 8h | 6h 00m | $29.5M | $101.6M | 75x |
| Short | Gate SHIB_USDT | 0.000006022 | 0.0100 | get 0.0100% / 8h | 6h 00m | $7.0M | $5.8M | 75x |
Binance 1000SHIBUSDT
Gate SHIB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.119% → −0.056%
- −$6.37
- Slippage, 4 orders
- −$21.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.92
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 3 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, 13 min ago | 0.83 bp | 8.4 bp −$8 | 17.0 bp −$170 | 62.4 bp −$6,236 | 182.8 bp −$91.4K |
| Sell Gate live order book, 3 min ago | 1.66 bp | 14.7 bp −$15 | 30.6 bp −$306 | 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 | 0.000006035 | +0.093% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006027 | −0.045% | $194K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006028 | −0.027% | $733 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.179% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006021 | −0.136% | $135K | $1.1M | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006020 | −0.153% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0082% | 1h | 0.000006029 | −0.003% | $46K | $64K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006024 | −0.086% | $162K | $611K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006039 | +0.163% | $3.7M | $4.7M | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006031 | +0.036% | $52K | $312K | 50x | 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
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Hyperliquid kSHIB
Aster 1000SHIBUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006029 | long leg | $29.5M | $101.6M | 75x | |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006023 | −0.103% | $9.3M | $36.1M | 50x | as long as short |
| Gate SHIB_USDTshort | +0.0100% | 8h | 0.000006022 | −0.119% | $7.0M | $5.8M | 75x | |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006021 | −0.136% | $30.1M | $17.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006024 | −0.086% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006022 | −0.119% | $11.3M | $14.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006022 | −0.119% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006028 | −0.020% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006035 | +0.096% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006027 | −0.036% | $515 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006027 | −0.036% | $413K | $583K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006030 | +0.013% | $2.1M | $6.6M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006024 | −0.085% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0113% | 8h | 0.000006036 | +0.113% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006037 | +0.129% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.484% | $1K | — | 100x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006027 | −0.033% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0756% | 1h | 0.000006024 | −0.092% | $1.1M | $888K | 50x | as long as short |
OKX SHIB-USDT-SWAP
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
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD