Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended−0.020%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.020% cheaper against Extended than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$3 a day). The two prices were read 94 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 | Extended 1000SHIB-USD | 0.000005975 | 0.0104 | pay 0.0013% / 1h | 17m 29s | $53K | $4K | 25x |
| Short | BloFin SHIB-USDT | 0.000005974 | 0.0220 | get 0.0220% / 8h | 17m 29s | $870K | $931K | 50x |
Extended 1000SHIB-USD
BloFin SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $24.36
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $5.36
- Costs to cover
- 0.170%
- Break-even
- 5.5 days
Slippage unknown: Extended: no order-book sample; BloFin: live order book, 64 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 64 min ago | 1.66 bp | 13.9 bp −$14 | 22.0 bp −$220 | 83.5 bp −$8,346 | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0016% | 1h | 0.000006005 | +0.499% | $117K | $1.6M | 50x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005974 | −0.018% | $126K | $3.2M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005978 | +0.040% | $564 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +1.085% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0070% | 8h | 0.000005978 | +0.047% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0085% | 1h | 0.000005974 | −0.020% | $50K | $59K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005981 | +0.097% | $156K | $643K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005979 | +0.064% | $41K | $301K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005980 | +0.080% | $12K | $6K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005979 | +0.064% | $30.4M | $128.1M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
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 | 0.000005975 | −0.003% | $8.8M | $43.9M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005976 | +0.013% | $7.0M | $7.3M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005977 | +0.030% | $28.7M | $20.2M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005978 | +0.047% | $4.7M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005978 | +0.047% | $11.3M | $17.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005973 | −0.037% | $23K | $8K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005976 | +0.013% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005984 | +0.147% | $2K | $27K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005973 | −0.037% | $508 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005972 | −0.053% | $407K | $576K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005972 | −0.053% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0103% | 8h | 0.000005982 | +0.110% | $7K | $13 | 20x | as long as short |
| Extended 1000SHIB-USDlong | +0.0104% | 1h | 0.000005975 | long leg | $53K | $4K | 25x | |
| Kraken Futures PF_SHIBUSD | +0.0201% | 1h | 0.000005977 | +0.025% | $1.2M | $1.0M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000005000 | −16.321% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDTshort | +0.0220% | 8h | 0.000005974 | −0.020% | $870K | $931K | 50x | |
| Hyperliquid kSHIB | +0.0244% | 1h | 0.000005985 | +0.164% | $3.6M | $5.5M | 10x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005975 | −0.002% | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | +0.4936% | 1h | 0.000005977 | +0.027% | $35K | $70K | 10x | 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
Paradex kSHIB-USD-PERP
Kraken Futures PF_SHIBUSD
GMX SHIB/USD [ETH-USDC]
Hyperliquid kSHIB
Reya kSHIBRUSDPERP
dYdX SHIB-USD