Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.4% APRpaid last 24h +0.012%
Price spread now: Aster against Deribit−0.187%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.187% cheaper against Deribit than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006121 | 0.0240 | pay 0.0030% / 1h | 35m 29s | $47K | $65K | 25x |
| Short | Aster 1000SHIBUSDT | 0.000006110 | 0.0100 | get 0.0100% / 8h | 7h 35m | $37K | $179K | 50x |
Deribit 1000SHIB_USDC-PERPETUAL
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$29.48
- Price spread: −0.187% → 0.000%
- −$18.74
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$63.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 36 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 36 min ago | 5.00 bp | 11.9 bp −$12 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006104 | −0.278% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006115 | −0.095% | $104K | $2.0M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006114 | −0.108% | $744 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −1.323% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006084 | −0.604% | $77K | $811K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0070% | 8h | 0.000006102 | −0.310% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006108 | −0.212% | $219K | $438K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006110 | −0.187% | $37K | $179K | 50x | |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006108 | −0.212% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006094 | −0.437% | $29.7M | $97.6M | 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-USDT
Lighter 1000SHIB
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006090 | −0.506% | $9.3M | $34.4M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006102 | −0.310% | $7.1M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006105 | −0.261% | $31.6M | $16.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006109 | −0.196% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006089 | −0.523% | $11.6M | $13.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006117 | −0.065% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006128 | +0.114% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006118 | −0.049% | $567 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006111 | −0.163% | $418K | $594K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006110 | −0.180% | $2.2M | $6.3M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006100 | −0.335% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0114% | 8h | 0.000006109 | −0.200% | $7K | — | 20x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.977% | $1K | — | 100x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0218% | 1h | 0.000006116 | −0.082% | $25K | $6K | 15x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006113 | −0.131% | $819K | $947K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALlong | +0.0240% | 1h | 0.000006121 | long leg | $47K | $65K | 25x | |
| Kraken Futures PF_SHIBUSD | +0.0256% | 1h | 0.000006120 | −0.011% | $1.2M | $821K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006088 | −0.538% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0678% | 1h | 0.000006121 | 0.000% | $4.5M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
GMX SHIB/USD [ETH-USDC]
Backpack kSHIB_USDC_PERP
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Hyperliquid kSHIB