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: KuCoin against MEXC+0.151%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as 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+0.005%$0 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.151%, 7d avg −0.002%
Together, before fees−0.123%−$12 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: KuCoin is 0.153% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SHIB_USDT0.0000059770.0100pay 0.0100% / 8h5h 46m$29.7M$17.3M300x
ShortKuCoin SHIBUSDTM0.0000059860.0100get 0.0100% / 8h5h 46m$4.9M$2.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.151% → −0.002%
$15.28
Slippage, 4 orders
−$45.88
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$42.61
Costs to cover
0.579%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 2 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 bp3.3 bp −$38.9 bp −$8953.9 bp −$5,39483.3 bp −$41.7K
Sell KuCoin live order book, 2 min ago3.35 bp22.9 bp −$2355.6 bp −$556doesn'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−0.0294%1h0.000005977+0.001%$1.1M$895K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000005981+0.067%$135K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005979+0.031%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005983+0.105%$192K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005984+0.120%$565150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.054%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000005985+0.134%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0084%1h0.000005989+0.201%$46K$64K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005982+0.084%$161K$612K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005991+0.234%$3.6M$4.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000005983+0.096%$43K$315K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005980+0.050%$29.2M$102.1M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005981+0.067%$9.3M$36.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005981+0.067%$6.9M$5.8M75xas long as short
MEXC SHIB_USDTlong+0.0100%8h0.000005977long leg$29.7M$17.3M300x
KuCoin SHIBUSDTMshort+0.0100%8h0.000005986+0.151%$4.9M$2.7M75x
Bitget SHIBUSDT+0.0100%8h0.0000059770.000%$11.2M$14.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005978+0.017%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005987+0.167%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005996+0.318%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005980+0.050%$507$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005979+0.033%$409K$582K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005980+0.050%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005983+0.094%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0111%8h0.000005980+0.048%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000005980+0.050%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.346%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005984+0.117%$895K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005986+0.147%$120xas long as short