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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against MEXC+0.001%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.001%, 7d avg +0.034%
Together, before fees+0.076%+ Points / potential airdropAster: Stage 5 · farm board+$8 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 0.033% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SHIB_USDT0.0000060220.0100pay 0.0100% / 8h1h 50m$28.3M$19.5M300x
ShortAster 1000SHIBUSDT0.0000060220.0100get 0.0100% / 8h1h 50m$41K$336K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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: +0.001% → +0.034%
−$3.32
Slippage, 4 orders
−$45.06
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$56.37
Costs to cover
0.531%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 57 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 MEXC live order book, 3 min ago0.83 bp4.4 bp −$49.7 bp −$9757.9 bp −$5,78686.2 bp −$43.1K
Sell Aster live order book, 57 min ago5.85 bp23.6 bp −$24329.3 bp −$3,293doesn't fitdoesn't fit

SHIB on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SHIBUSD−0.0374%1h0.000006017−0.076%$1.2M$1.0M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000006050+0.465%$123K$1.6M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006017−0.082%$24K$56K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006014−0.131%$105K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006023+0.008%$569150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.299%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006023+0.017%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006020−0.033%$156K$639K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006032+0.166%$3.6M$5.3M10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006022+0.001%$41K$336K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000006020−0.033%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006024+0.033%$30.1M$126.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006025+0.050%$9.2M$43.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006016−0.100%$7.1M$7.4M75xas long as short
MEXC SHIB_USDTlong+0.0100%8h0.000006022long leg$28.3M$19.5M300x
KuCoin SHIBUSDTM+0.0100%8h0.000006019−0.050%$4.6M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006027+0.083%$11.5M$17.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006021−0.017%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006015−0.116%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006023+0.017%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006017−0.083%$512$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006018−0.066%$410K$573K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006010−0.199%$2.1M$7.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006026+0.060%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006019−0.043%$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.365%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006017−0.083%$875K$931K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0249%1h0.000006019−0.050%$47K$65K25xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006026+0.063%$120xas long as short