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: Aster against OKX−0.157%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$470.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.342%+$34 · spread now −0.157%, 7d avg +0.043%
Together, before fees+0.371%+ Points / potential airdropAster: Stage 5 · farm board+$37 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: Aster is 0.200% cheaper against OKX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000059880.0100pay 0.0100% / 8h5h 11m$9.3M$36.1M50x
ShortAster 1000SHIBUSDT0.0000059790.0100get 0.0100% / 8h5h 11m$41K$319K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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: −0.157% → +0.043%
−$19.98
Slippage, 4 orders
−$28.92
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$66.9
Costs to cover
0.469%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 51 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 OKX live order book, 3 min ago0.84 bp9.4 bp −$922.2 bp −$222doesn't fitdoesn't fit
Sell Aster live order book, 51 min ago4.15 bp14.3 bp −$14107.2 bp −$1,072doesn'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−0.0293%1h0.000005986−0.030%$1.1M$912K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000005995+0.117%$133K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005972−0.270%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005988+0.008%$192K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005980−0.142%$564150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.868%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000005986−0.033%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0084%1h0.000005986−0.033%$46K$61K25xas long as short
Lighter 1000SHIB+0.0096%1h0.0000059880.000%$161K$615K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005993+0.084%$3.6M$4.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDTshort+0.0100%8h0.000005979−0.157%$41K$319K50x
Binance 1000SHIBUSDT+0.0100%8h0.000005989+0.017%$29.3M$102.6M75xas long as short
OKX SHIB-USDT-SWAPlong+0.0100%8h0.000005988long leg$9.3M$36.1M50x
Gate SHIB_USDT+0.0100%8h0.000005983−0.084%$6.9M$5.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005984−0.067%$29.6M$17.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005984−0.067%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005987−0.017%$11.3M$14.4M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005989+0.017%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005986−0.033%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005989+0.017%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005989+0.017%$495$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005985−0.050%$409K$582K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005983−0.084%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005986−0.026%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0110%8h0.000005978−0.170%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000005977−0.184%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.500%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.0000059880.000%$875K$891K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005980−0.139%$120xas long as short