Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against OKX−0.033%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.033%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHIB-USDT-SWAP | 0.000006085 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $9.7M | $46.6M | 50x |
| Short | Gate SHIB_USDT | 0.000006083 | 0.0100 | get 0.0100% / 8h | 6h 05m | $7.2M | $6.9M | 75x |
OKX SHIB-USDT-SWAP
Gate SHIB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $0
- Price spread: −0.033% → −0.016%
- −$1.64
- Slippage, 4 orders
- −$27.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$54.05
- Costs to cover
- 0.524%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 1 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 OKX live order book, 1 min ago | 0.82 bp | 12.4 bp −$12 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.47 bp | 16.1 bp −$16 | 35.8 bp −$358 | doesn't fit | doesn't fit |
SHIB on 29 exchanges
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 | −0.0080% | 1h | 0.000006068 | −0.279% | $131K | $1.7M | 50x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006078 | −0.120% | $80K | $3.5M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006078 | −0.115% | $45K | $50K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006079 | −0.104% | $573 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.740% | $248 | $134K | 5.5x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0036% | 1h | 0.000006082 | −0.048% | $1.2M | $1.0M | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0070% | 8h | 0.000006083 | −0.033% | — | $2.2M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006090 | +0.082% | $157K | $625K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006087 | +0.031% | $41K | $277K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006088 | +0.049% | $12K | $5K | 10x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Kraken Futures PF_SHIBUSD
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006092 | +0.108% | $31.5M | $128.8M | 75x | as long as short |
| OKX SHIB-USDT-SWAPlong | +0.0100% | 8h | 0.000006085 | long leg | $9.7M | $46.6M | 50x | |
| Gate SHIB_USDTshort | +0.0100% | 8h | 0.000006083 | −0.033% | $7.2M | $6.9M | 75x | |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006087 | +0.033% | $28.2M | $20.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006083 | −0.033% | $4.8M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006086 | +0.016% | $11.4M | $17.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006073 | −0.197% | $7K | $2K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006084 | −0.016% | $2K | $26K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006080 | −0.082% | $525 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006081 | −0.066% | $418K | $479K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006084 | −0.016% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0102% | 8h | 0.000006087 | +0.034% | $7K | $13 | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0102% | 1h | 0.000006082 | −0.049% | $24K | $9K | 15x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006083 | −0.032% | $54K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000006000 | −1.397% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006080 | −0.082% | $927K | $912K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006070 | −0.254% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0411% | 1h | 0.000006094 | +0.148% | $3.7M | $5.2M | 10x | as long as short |
| dYdX SHIB-USD | +0.7334% | 1h | 0.000006069 | −0.270% | $32K | $70K | 10x | as long as short |
Binance 1000SHIBUSDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
dYdX SHIB-USD