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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Paradex against Binance−0.146%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.146% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000SHIBUSDT0.0000059550.0100pay 0.0100% / 8h3h 22m$29.1M$86.6M75x
ShortParadex kSHIB-USD-PERP0.0000059470.0100get 0.0100% / 8h3h 22m$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
$0.03
Price spread: −0.146% → 0.000%
−$14.64
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$28.62
Costs to cover
0.140%
Break-even
7744.6 days
Slippage unknown: Binance: live order book, 4 min ago; Paradex: no order-book sample. 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 Binance live order book, 4 min ago0.84 bp8.5 bp −$915.4 bp −$15468.3 bp −$6,830203.6 bp −$101.8K
Sell Paradex no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SHIBUSD−0.0370%1h0.000005945−0.165%$1.1M$728K50xas long as short
BingX 1000SHIB-USDT−0.0033%8h0.000005946−0.156%$2.1Mas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005941−0.247%$58K$1.6M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005946−0.156%$42K$61K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000005947−0.146%$723150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000005767−3.162%$236$36K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0048%1h0.000005942−0.224%$92K$815K50xas long as short
Lighter 1000SHIB+0.0096%1h0.000005944−0.190%$151K$289K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005949−0.106%$40K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005947−0.140%$11K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDTlong+0.0100%8h0.000005955long leg$29.1M$86.6M75x
OKX SHIB-USDT-SWAP+0.0100%8h0.000005941−0.240%$7.6M$27.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005944−0.190%$6.7M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005946−0.156%$32.3M$15.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005944−0.190%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005948−0.123%$11.4M$12.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005945−0.173%$25K$5K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005945−0.173%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005960+0.079%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005944−0.190%$541$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005947−0.140%$401K$636K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005950−0.089%$2.1M$5.2M50xas long as short
Paradex kSHIB-USD-PERPshort+0.0100%8h0.000005947−0.146%$7K20x
Extended 1000SHIB-USD+0.0104%1h0.000005943−0.199%$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.041%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005940−0.257%$717K$1.0M50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005947−0.148%$120xas long as short
Hyperliquid kSHIB+0.0576%1h0.000005957+0.028%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.6320%1h0.000005950−0.089%$23K$66K10xas long as short