SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.012%

Price spread now: Deribit against Coinbase International+0.016%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000SHIB-PERP-INTX	0.000006110	0.0064	pay 0.0008% / 1h	13m 49s	$85K	$860K	50x
Short	Deribit 1000SHIB_USDC-PERPETUAL	0.000006111	0	get 0.0000% / 1h	13m 49s	$47K	$65K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$13.44
Price spread: +0.016% → 0.000%: $1.64
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.8
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 60 min ago; Deribit: 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 Coinbase International live order book, 60 min ago	7.51 bp	14.1 bp −$14	21.0 bp −$210	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
dYdX SHIB-USD	0.0000%	1h	0.000006105	−0.082%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006106	−0.070%	$208K	$2.3M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUALshort	0.0000%	1h	0.000006111	+0.016%	$47K	$65K	25x
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006109	−0.021%	$743	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−1.146%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTXlong	+0.0064%	1h	0.000006110	long leg	$85K	$860K	50x
BingX 1000SHIB-USDC	+0.0080%	8h	0.000006108	−0.033%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006115	+0.082%	$241K	$469K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006110	+0.002%	$37K	$179K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006106	−0.065%	$12K	$4K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006107	−0.055%	$30.0M	$98.9M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006111	+0.016%	$9.3M	$35.3M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006102	−0.131%	$7.1M	$5.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006105	−0.082%	$31.6M	$16.9M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006105	−0.082%	$4.9M	$2.6M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006105	−0.082%	$11.5M	$14.0M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006110	0.000%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006123	+0.213%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006110	0.000%	$526	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006107	−0.049%	$420K	$599K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006110	0.000%	$2.2M	$6.3M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006105	−0.079%	$54K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0124%	8h	0.000006107	−0.042%	$7K	$13	20x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.800%	$1K	—	100x	as long as short
Backpack kSHIB_USDC_PERP	+0.0214%	1h	0.000006112	+0.033%	$23K	$7K	15x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006108	−0.033%	$871K	$943K	50x	as long as short
Kraken Futures PF_SHIBUSD	+0.0257%	1h	0.000006114	+0.059%	$1.2M	$827K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006107	−0.048%	$1	—	20x	as long as short
Hyperliquid kSHIB	+0.0731%	1h	0.000006120	+0.164%	$4.4M	$4.0M	10x	as long as short