Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Aster+0.029%122s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.029%, 7d avg −0.029%
=Together, before fees+0.165%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.058% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 122 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000SHIBUSDT | 0.000006008 | 0.0100 | pay 0.0100% / 8h | 6h 47m | $39K | $183K | 50x |
| Short | BloFin SHIB-USDT | 0.000006010 | 0.0220 | get 0.0220% / 8h | 6h 47m | $871K | $935K | 50x |
Aster 1000SHIBUSDT
BloFin SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- $25.2
- Price spread: +0.029% → −0.029%
- $5.84
- Slippage, 4 orders
- −$40.47
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.43
- Costs to cover
- 0.605%
- Break-even
- 15.2 days
Slippage from Aster: live order book, 19 min ago; BloFin: live order book, 35 min ago.
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 Aster live order book, 19 min ago | 7.40 bp | 15.2 bp −$15 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 1.65 bp | 11.6 bp −$12 | 17.6 bp −$176 | 78.7 bp −$7,866 | doesn't fit |
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 | 0.000006000 | −0.140% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006006 | −0.040% | $190K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006004 | −0.062% | $730 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.529% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006019 | +0.179% | $156K | $987K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006007 | −0.020% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0083% | 1h | 0.000006001 | −0.120% | $46K | $65K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006006 | −0.037% | $237K | $470K | 10x | as long as short |
| Aster 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006008 | long leg | $39K | $183K | 50x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006002 | −0.097% | $29.3M | $101.0M | 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-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
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 | 0.000006004 | −0.070% | $9.1M | $35.5M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006002 | −0.104% | $6.9M | $5.6M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006005 | −0.054% | $30.8M | $17.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006007 | −0.020% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005998 | −0.170% | $11.3M | $14.3M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006002 | −0.104% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006017 | +0.146% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006000 | −0.137% | $531 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006007 | −0.020% | $412K | $604K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006004 | −0.070% | $2.1M | $6.5M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005996 | −0.204% | $53K | $4K | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0120% | 1h | 0.000006012 | +0.063% | $23K | $7K | 15x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0128% | 8h | 0.000006009 | +0.019% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006004 | −0.070% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.137% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDTshort | +0.0220% | 8h | 0.000006010 | +0.029% | $871K | $935K | 50x | |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006005 | −0.048% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0482% | 1h | 0.000006010 | +0.029% | $3.8M | $4.5M | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0760% | 1h | 0.000005997 | −0.194% | $1.1M | $855K | 50x | 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
Backpack kSHIB_USDC_PERP
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
Kraken Futures PF_SHIBUSD