Funding you earn now, next payment 22:00 UTC−0.8381%/8h= −917.7% APRnext payment −$10.48 per $10,000 · paid last 24h −0.780%
Price spread now: Lighter against dYdX−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.496%−$150 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds 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: −$251 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.496% in total (about -78.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000005988 | 0.8477 | pay 0.1060% / 1h | 23m 55s | $23K | $64K | 10x |
| Short | Lighter 1000SHIB | 0.000005987 | 0.0096 | get 0.0012% / 1h | 23m 55s | $152K | $286K | 10x |
dYdX SHIB-USD
Lighter 1000SHIBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$1,760.04
- Price spread: −0.012% → 0.000%
- −$1.16
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1,771.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 59 min ago. 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 Lighter live order book, 59 min ago | 2.52 bp | 14.6 bp −$15 | 79.0 bp −$790 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005986 | −0.030% | $57K | $1.7M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005987 | −0.012% | $42K | $61K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005985 | −0.040% | $728 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005933 | −0.913% | $89K | $752K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0056% | 1h | 0.000005988 | +0.005% | $1.1M | $763K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000005980 | −0.129% | — | $1.6M | — | as long as short |
| Lighter 1000SHIBshort | +0.0096% | 1h | 0.000005987 | −0.012% | $152K | $286K | 10x | |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005983 | −0.084% | $35K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005989 | +0.022% | $12K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005986 | −0.028% | $29.1M | $88.3M | 75x | as long as short |
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
BingX 1000SHIB-USDC
Aster 1000SHIBUSDT
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005980 | −0.129% | $7.6M | $28.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005981 | −0.112% | $6.8M | $5.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005986 | −0.028% | $32.0M | $15.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005985 | −0.045% | $5.0M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005985 | −0.045% | $11.7M | $12.6M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005985 | −0.045% | $25K | $5K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005990 | +0.038% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005997 | +0.155% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005985 | −0.045% | $546 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005989 | +0.022% | $403K | $620K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005981 | −0.112% | $2.2M | $5.4M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0101% | 8h | 0.000005989 | +0.022% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005981 | −0.112% | $53K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0187% | 1h | 0.000005964 | −0.396% | $245 | $67K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −16.495% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005984 | −0.062% | $707K | $991K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005982 | −0.102% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0676% | 1h | 0.000005994 | +0.105% | $4.3M | $3.7M | 10x | as long as short |
| dYdX SHIB-USDlong | +0.8477% | 1h | 0.000005988 | long leg | $23K | $64K | 10x |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Injective SHIB/USDC PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Hyperliquid kSHIB