Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.095%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.095%, 7d avg +0.037%
Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.057% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHIBUSDTM0.0000059940.0100pay 0.0100% / 8h5h 05m$4.7M$3.2M75x
ShortAster 1000SHIBUSDT0.0000060000.0100get 0.0100% / 8h5h 05m$44K$283K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.095% → +0.037%
$5.72
Slippage, 4 orders
−$37.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.18
Costs to cover
0.579%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago1.67 bp14.7 bp −$1543.7 bp −$437doesn't fitdoesn't fit
Sell Aster live order book, 40 min ago4.16 bp12.6 bp −$13110.6 bp −$1,106doesn't fitdoesn't fit

SHIB on 29 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000SHIB-PERP-INTX−0.0056%1h0.000006005+0.184%$130K$1.7M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005992−0.025%$81K$3.5M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005996+0.033%$48K$46K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005989−0.075%$565150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.767%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0067%8h0.000005995+0.017%$2.2Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005998+0.067%$166K$628K10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006000+0.095%$44K$283K50x
Pacifica kSHIB+0.0100%1h0.0000059940.000%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005997+0.055%$31.0M$128.8M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005995+0.017%$9.5M$45.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005992−0.033%$7.0M$6.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005996+0.033%$27.4M$19.1M300xas long as short
KuCoin SHIBUSDTMlong+0.0100%8h0.000005994long leg$4.7M$3.2M75x
Bitget SHIBUSDT+0.0100%8h0.000005995+0.017%$11.3M$17.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005997+0.050%$23K$9K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005996+0.033%$7K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006004+0.167%$2K$25K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.0000059940.000%$515$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.0000059940.000%$411K$483K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006000+0.100%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000005995+0.010%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005992−0.041%$53K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0203%1h0.000005992−0.026%$1.1M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000005000−16.583%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005995+0.017%$910K$883K50xas long as short
Hyperliquid kSHIB+0.0238%1h0.000006001+0.117%$3.6M$5.2M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005992−0.035%$120xas long as short
dYdX SHIB-USD+0.7896%1h0.000005990−0.059%$32K$52K10xas long as short