Funding you earn now, next payment 05:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.029%
Price spread now: Aster against GMX+2.800%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Aster is 2.800% dearer against GMX than usual: you sell high and buy low (spread +2.800% now, against zero (this spread has no 7-day history yet)): +$280 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SHIB/USD [ETH-USDC] | 0.000006000 | L +0.0213% / S −0.2404% | pay 0.0027% / 1h | 26m 40s | $1K | — | 100x |
| Short | Aster 1000SHIBUSDT | 0.000006168 | 0.0100 | get 0.0100% / 8h | 3h 26m | $43K | $328K | 50x |
GMX SHIB/USD [ETH-USDC]
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$23.82
- Price spread: +2.800% → 0.000%
- $280
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $236.18
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Aster: live order book, 25 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 25 min ago | 4.01 bp | 41.3 bp −$41 | 128.5 bp −$1,285 | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0168% | 1h | 0.000006161 | +2.683% | $121K | $1.4M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.0064% | 1h | 0.000006159 | +2.657% | $1.2M | $1.0M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006161 | +2.680% | $24K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006164 | +2.732% | $170K | $2.9M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006161 | +2.683% | $51K | $61K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006164 | +2.738% | $582 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.667% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0070% | 8h | 0.000006151 | +2.517% | — | $2.2M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006169 | +2.817% | $162K | $622K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006173 | +2.883% | $3.7M | $5.2M | 10x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Hyperliquid kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000006168 | +2.800% | $43K | $328K | 50x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006159 | +2.655% | $31.7M | $116.4M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006154 | +2.567% | $10.0M | $41.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006163 | +2.717% | $7.3M | $6.8M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006156 | +2.600% | $30.6M | $18.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006163 | +2.717% | $4.8M | $3.0M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006156 | +2.600% | $11.8M | $16.1M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006162 | +2.700% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006169 | +2.817% | $2K | $26K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006163 | +2.717% | $502 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006171 | +2.850% | $426K | $572K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006169 | +2.817% | $2.1M | $7.1M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0102% | 8h | 0.000006158 | +2.629% | $7K | $13 | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006152 | +2.529% | $55K | $4K | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0176% | 1h | 0.000006160 | +2.667% | $24K | $7K | 15x | as long as short |
| Pacifica kSHIB | +0.0188% | 1h | 0.000006164 | +2.733% | $12K | $5K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC]long | L +0.0213% / S −0.2404% | 1h | 0.000006000 | long leg | $1K | — | 100x | |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006158 | +2.633% | $945K | $919K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006162 | +2.706% | $1 | — | 20x | as long as short |
Binance 1000SHIBUSDT
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
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Backpack kSHIB_USDC_PERP
Pacifica kSHIB
BloFin SHIB-USDT
Reya kSHIBRUSDPERP