Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.078%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+0.005%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.078% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000SHIB-USD | 0.000005929 | 0.0104 | pay 0.0013% / 1h | 35m 54s | $52K | $4K | 25x |
| Short | Binance 1000SHIBUSDT | 0.000005934 | 0.0100 | get 0.0100% / 8h | 2h 35m | $28.9M | $88.1M | 75x |
Extended 1000SHIB-USD
Binance 1000SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.078% → 0.000%
- $7.85
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$7.99
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Binance: live order book, 7 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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.84 bp | 7.9 bp −$8 | 17.3 bp −$173 | 65.8 bp −$6,583 | 174.3 bp −$87.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005931 | +0.026% | $50K | $1.6M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000005928 | −0.031% | $721 | — | 150x | as long as short |
| BingX 1000SHIB-USDT | +0.0011% | 8h | 0.000005930 | +0.011% | — | $2.1M | — | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005933 | +0.062% | $89K | $752K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0056% | 1h | 0.000005930 | +0.017% | $1.1M | $764K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0087% | 1h | 0.000005929 | −0.006% | $42K | $61K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005930 | +0.011% | $150K | $285K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005928 | −0.015% | $35K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005933 | +0.062% | $11K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDTshort | +0.0100% | 8h | 0.000005934 | +0.078% | $28.9M | $88.1M | 75x |
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
BingX 1000SHIB-USDT
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005931 | +0.028% | $7.5M | $27.7M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005928 | −0.023% | $6.7M | $5.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005929 | −0.006% | $31.7M | $15.6M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005931 | +0.028% | $4.9M | $2.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005934 | +0.078% | $11.6M | $12.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005929 | −0.006% | $25K | $5K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005929 | −0.006% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005944 | +0.247% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005928 | −0.023% | $541 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005932 | +0.045% | $400K | $620K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005925 | −0.073% | $2.1M | $5.3M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0100% | 8h | 0.000005929 | −0.012% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USDlong | +0.0104% | 1h | 0.000005929 | long leg | $52K | $4K | 25x | |
| Injective SHIB/USDC PERP | +0.0187% | 1h | 0.000005964 | +0.584% | $245 | $67K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000005000 | −15.674% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005932 | +0.045% | $707K | $982K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005929 | −0.009% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0613% | 1h | 0.000005938 | +0.146% | $4.3M | $3.7M | 10x | as long as short |
| dYdX SHIB-USD | +0.9625% | 1h | 0.000005930 | +0.008% | $23K | $64K | 10x | as long as short |
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
Injective SHIB/USDC PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
dYdX SHIB-USD