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: Aster against BloFin−0.430%182s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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)+0.447%+$45 · spread now −0.430%, 7d avg +0.029%
=Together, before fees+0.236%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.459% cheaper against BloFin than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 182 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 | BloFin SHIB-USDT | 0.000006010 | 0.0220 | pay 0.0220% / 8h | 6h 46m | $871K | $935K | 50x |
| Short | Aster 1000SHIBUSDT | 0.000005984 | 0.0100 | get 0.0100% / 8h | 6h 46m | $39K | $183K | 50x |
BloFin SHIB-USDT
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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: −0.430% → +0.029%
- −$45.9
- Slippage, 4 orders
- −$40.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$131.57
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; Aster: live order book, 20 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 BloFin live order book, 36 min ago | 1.65 bp | 10.0 bp −$10 | 22.4 bp −$224 | 101.7 bp −$10.2K | doesn't fit |
| Sell Aster live order book, 20 min ago | 7.40 bp | 23.7 bp −$24 | 107.9 bp −$1,079 | doesn't fit | 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 | 0.000005989 | −0.348% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005992 | −0.303% | $190K | $2.3M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005987 | −0.383% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005984 | −0.433% | $728 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.499% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006019 | +0.150% | $156K | $987K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000005990 | −0.333% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005992 | −0.300% | $236K | $470K | 10x | as long as short |
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000005984 | −0.430% | $39K | $183K | 50x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005986 | −0.401% | $29.3M | $101.0M | 75x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
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 | 0.000005988 | −0.366% | $9.0M | $35.4M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005984 | −0.433% | $6.9M | $5.6M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005988 | −0.366% | $30.7M | $17.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005989 | −0.349% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005988 | −0.366% | $11.2M | $14.3M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005986 | −0.399% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005985 | −0.416% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005999 | −0.183% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005987 | −0.383% | $532 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005988 | −0.366% | $411K | $604K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005984 | −0.433% | $2.1M | $6.5M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005986 | −0.391% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0128% | 8h | 0.000005999 | −0.183% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0183% | 1h | 0.000005994 | −0.266% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.805% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDTlong | +0.0220% | 8h | 0.000006010 | long leg | $871K | $935K | 50x | |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005985 | −0.410% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0409% | 1h | 0.000005992 | −0.300% | $3.8M | $4.6M | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0761% | 1h | 0.000005983 | −0.443% | $1.1M | $855K | 50x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
Kraken Futures PF_SHIBUSD