Funding you earn now, next payment 05:00 UTC+0.0243%/8h= +26.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.836%
Price spread now: Deribit against dYdX+0.099%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.470%−$147 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.099% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.470%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000006081 | 0 | get 0.0000% / 1h | 57m 59s | $23K | $64K | 10x |
| Short | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006087 | 0.0243 | get 0.0030% / 1h | 57m 59s | $47K | $58K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- $51.05
- Price spread: +0.099% → 0.000%
- $9.92
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $43.97
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
dYdX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0168% | 1h | 0.000006092 | +0.181% | $124K | $1.1M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.0064% | 1h | 0.000006086 | +0.078% | $1.1M | $945K | 50x | as long as short |
| dYdX SHIB-USDlong | 0.0000% | 1h | 0.000006081 | long leg | $23K | $64K | 10x | |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006078 | −0.041% | $193K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006077 | −0.057% | $574 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.674% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006083 | +0.033% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006091 | +0.165% | $161K | $608K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006102 | +0.346% | $3.7M | $4.8M | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006084 | +0.048% | $42K | $321K | 50x | 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 | 0.000006099 | +0.298% | $30.3M | $106.4M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006099 | +0.297% | $9.6M | $37.7M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006088 | +0.116% | $7.1M | $5.9M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006088 | +0.116% | $30.4M | $17.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006078 | −0.049% | $4.7M | $2.8M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006093 | +0.198% | $11.6M | $14.7M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006097 | +0.264% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006089 | +0.132% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006096 | +0.247% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006087 | +0.099% | $488 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006082 | +0.017% | $415K | $551K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006081 | +0.001% | $2.1M | $7.0M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006081 | +0.002% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0120% | 8h | 0.000006080 | −0.009% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0188% | 1h | 0.000006080 | −0.016% | $12K | $5K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.331% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006075 | −0.098% | $894K | $902K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALshort | +0.0243% | 1h | 0.000006087 | +0.099% | $47K | $58K | 25x | |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006076 | −0.081% | $1 | — | 20x | as long as short |
Deribit 1000SHIB_USDC-PERPETUAL
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Hyperliquid kSHIB
Aster 1000SHIBUSDT
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT