Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Paradex−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.086% cheaper against Paradex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005984 | 0.0111 | pay 0.0111% / 8h | 5h 10m | $7K | $13 | 20x |
| Short | Aster 1000SHIBUSDT | 0.000005979 | 0.0100 | get 0.0100% / 8h | 5h 10m | $41K | $319K | 50x |
Paradex kSHIB-USD-PERP
Aster 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Paradex. 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
- −$2.35
- Price spread: −0.086% → 0.000%
- −$8.64
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$22.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 52 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 52 min ago | 4.15 bp | 14.3 bp −$14 | 107.2 bp −$1,072 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.0294% | 1h | 0.000005972 | −0.198% | $1.1M | $916K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0032% | 1h | 0.000005995 | +0.186% | $133K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000005979 | −0.085% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005988 | +0.077% | $192K | $2.3M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005975 | −0.148% | $46K | $61K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005972 | −0.192% | $564 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.938% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000005972 | −0.198% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005984 | +0.002% | $161K | $615K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000005985 | +0.019% | $3.6M | $4.8M | 10x | as long as short |
Kraken Futures PF_SHIBUSD
Coinbase International 1000SHIB-PERP-INTX
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Lighter 1000SHIB
Hyperliquid kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000SHIBUSDTshort | +0.0100% | 8h | 0.000005979 | −0.086% | $41K | $319K | 50x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005980 | −0.067% | $29.3M | $102.6M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005974 | −0.165% | $9.3M | $36.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005973 | −0.182% | $6.9M | $5.9M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005977 | −0.115% | $29.5M | $17.4M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005978 | −0.098% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005973 | −0.182% | $11.2M | $14.4M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005989 | +0.086% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005976 | −0.132% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005992 | +0.136% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005974 | −0.165% | $494 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005985 | +0.019% | $409K | $582K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005983 | −0.015% | $2.1M | $6.7M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005971 | −0.212% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERPlong | +0.0111% | 8h | 0.000005984 | long leg | $7K | $13 | 20x | |
| Pacifica kSHIB | +0.0135% | 1h | 0.000005983 | −0.015% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.442% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005988 | +0.069% | $875K | $891K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005973 | −0.180% | $1 | — | 20x | as long as short |
Binance 1000SHIBUSDT
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
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP