SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%

Price spread now: Extended against Deribit−0.038%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

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

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

Funding pays, the price is against you. Extended is 0.038% cheaper against Deribit than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit 1000SHIB_USDC-PERPETUAL	0.000006107	0	get 0.0000% / 1h	14m 21s	$47K	$65K	25x
Short	Extended 1000SHIB-USD	0.000006105	0.0104	get 0.0013% / 1h	14m 21s	$54K	$4K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now −0.038%Rate

Funding earned: $21.84
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $6
Costs to cover: 0.120%
Break-even: 5.1 days

Slippage unknown: Deribit: no order-book sample; Extended: 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 Deribit no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Deribit and Extended: 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	−0.033%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006108	+0.013%	$208K	$2.3M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUALlong	0.0000%	1h	0.000006107	long leg	$47K	$65K	25x
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006109	+0.028%	$743	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−1.097%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0064%	1h	0.000006110	+0.049%	$85K	$870K	50x	as long as short
BingX 1000SHIB-USDC	+0.0080%	8h	0.000006111	+0.065%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006109	+0.033%	$241K	$469K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006104	−0.049%	$37K	$179K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006106	−0.016%	$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	0.000006113	+0.098%	$30.0M	$98.8M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006111	+0.065%	$9.3M	$35.2M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006108	+0.016%	$7.1M	$5.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006109	+0.033%	$31.6M	$16.9M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006105	−0.033%	$4.9M	$2.6M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006105	−0.033%	$11.5M	$14.0M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006110	+0.049%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006120	+0.213%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006108	+0.016%	$528	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006106	−0.016%	$418K	$599K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006109	+0.033%	$2.2M	$6.3M	50x	as long as short
Extended 1000SHIB-USDshort	+0.0104%	1h	0.000006105	−0.038%	$54K	$4K	25x
Paradex kSHIB-USD-PERP	+0.0124%	8h	0.000006107	+0.007%	$7K	$13	20x	as long as short
Backpack kSHIB_USDC_PERP	+0.0213%	1h	0.000006108	+0.016%	$23K	$7K	15x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.752%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006108	+0.016%	$871K	$943K	50x	as long as short
Kraken Futures PF_SHIBUSD	+0.0257%	1h	0.000006110	+0.045%	$1.2M	$827K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006107	+0.001%	$1	—	20x	as long as short
Hyperliquid kSHIB	+0.0731%	1h	0.000006117	+0.164%	$4.4M	$4.0M	10x	as long as short