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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.062%
Price spread now: Hyperliquid against Extended−0.126%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.126% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000SHIB-USD0.0000059940.0104pay 0.0013% / 1h34m 53s$53K$4K25x
ShortHyperliquid kSHIB0.0000059860.0100get 0.0013% / 1h34m 53s$3.6M$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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
−$0.84
Price spread: −0.126% → 0.000%
−$12.63
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$27.47
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Hyperliquid live order book, 7 min ago0.83 bp10.1 bp −$10doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SHIBUSD−0.0293%1h0.000005995+0.016%$1.1M$897K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000005981−0.210%$135K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005989−0.080%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005992−0.020%$192K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005996+0.047%$566150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.775%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000005987−0.110%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0083%1h0.000006000+0.107%$46K$61K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006001+0.124%$162K$613K10xas long as short
Hyperliquid kSHIBshort+0.0100%1h0.000005986−0.126%$3.6M$4.8M10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000005993−0.010%$41K$317K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005991−0.049%$29.4M$102.2M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005982−0.193%$9.3M$36.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005983−0.176%$6.9M$5.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005988−0.093%$29.6M$17.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005994+0.007%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005981−0.210%$11.2M$14.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005998+0.074%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006000+0.107%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006006+0.207%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006000+0.107%$501$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005992−0.026%$410K$583K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006002+0.141%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USDlong+0.0104%1h0.000005994long leg$53K$4K25x
Paradex kSHIB-USD-PERP+0.0110%8h0.000005998+0.072%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000005987−0.110%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.577%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006002+0.141%$880K$896K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005996+0.048%$120xas long as short