SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0118%/8h= −13.0% APRnext payment −$1.18 per $10,000 · paid last 24h −0.036%

Price spread now: Paradex against BloFin+0.084%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.084% dearer against BloFin than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SHIB-USDT	0.000005984	0.0220	pay 0.0220% / 8h	7h 45m	$822K	$932K	50x
Short	Paradex kSHIB-USD-PERP	0.000005989	0.0102	get 0.0102% / 8h	7h 45m	$7K	$13	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee ParadexbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$24.85
Price spread: +0.084% → 0.000%: $8.42
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$32.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 32 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 32 min ago	1.67 bp	9.3 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX 1000SHIB-USDT	−0.0053%	8h	0.000005986	+0.033%	—	$2.3M	—	as long as short
Coinbase International 1000SHIB-PERP-INTX	−0.0024%	1h	0.000005980	−0.067%	$129K	$1.7M	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005991	+0.112%	$144K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000005988	+0.067%	$50K	$59K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000005988	+0.060%	$565	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.936%	$248	$134K	5.5x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005991	+0.117%	$156K	$642K	10x	as long as short
Kraken Futures PF_SHIBUSD	+0.0100%	1h	0.000005986	+0.034%	$1.2M	$1.0M	50x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000005996	+0.201%	$3.6M	$5.5M	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005993	+0.155%	$41K	$299K	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kSHIB	+0.0100%	1h	0.000005989	+0.084%	$12K	$6K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005991	+0.109%	$30.5M	$128.3M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005985	+0.017%	$8.9M	$45.0M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005985	+0.017%	$7.0M	$6.9M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005986	+0.033%	$28.7M	$20.0M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005986	+0.033%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005989	+0.084%	$11.4M	$17.2M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005991	+0.117%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005989	+0.084%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005999	+0.251%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005988	+0.067%	$507	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005990	+0.100%	$413K	$591K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005991	+0.117%	$2.1M	$7.7M	50x	as long as short
Paradex kSHIB-USD-PERPshort	+0.0102%	8h	0.000005989	+0.084%	$7K	$13	20x
Extended 1000SHIB-USD	+0.0104%	1h	0.000005983	−0.010%	$53K	$4K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000005000	−16.444%	$1K	—	100x	as long as short
BloFin SHIB-USDTlong	+0.0220%	8h	0.000005984	long leg	$822K	$932K	50x
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005985	+0.009%	$1	—	20x	as long as short
dYdX SHIB-USD	+0.8710%	1h	0.000005990	+0.100%	$23K	$82K	10x	as long as short