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: Deribit against Extended+0.095%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+0.010%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.095% dearer against Extended than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000SHIB-USD | 0.000006105 | 0.0104 | pay 0.0013% / 1h | 13m 49s | $54K | $4K | 25x |
| 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 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
- −$21.84
- Price spread: +0.095% → 0.000%
- $9.55
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$24.29
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: 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 Extended no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Extended 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006105 | −0.003% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006106 | +0.009% | $208K | $2.3M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALshort | 0.0000% | 1h | 0.000006111 | +0.095% | $47K | $65K | 25x | |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006109 | +0.058% | $743 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −1.067% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006110 | +0.079% | $85K | $860K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006108 | +0.046% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006115 | +0.161% | $241K | $469K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006110 | +0.081% | $37K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006106 | +0.014% | $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 | +0.024% | $30.0M | $98.9M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006111 | +0.095% | $9.3M | $35.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006102 | −0.052% | $7.1M | $5.7M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006105 | −0.003% | $31.6M | $16.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006105 | −0.003% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006105 | −0.003% | $11.5M | $14.0M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006110 | +0.079% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006123 | +0.292% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006110 | +0.079% | $526 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006107 | +0.030% | $420K | $599K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006110 | +0.079% | $2.2M | $6.3M | 50x | as long as short |
| Extended 1000SHIB-USDlong | +0.0104% | 1h | 0.000006105 | long leg | $54K | $4K | 25x | |
| Paradex kSHIB-USD-PERP | +0.0124% | 8h | 0.000006107 | +0.037% | $7K | $13 | 20x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.723% | $1K | — | 100x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0214% | 1h | 0.000006112 | +0.112% | $23K | $7K | 15x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006108 | +0.046% | $871K | $943K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0257% | 1h | 0.000006114 | +0.138% | $1.2M | $827K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006107 | +0.031% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0731% | 1h | 0.000006120 | +0.243% | $4.4M | $4.0M | 10x | as long as short |
Extended 1000SHIB-USD
Deribit 1000SHIB_USDC-PERPETUAL
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
GMX SHIB/USD [ETH-USDC]
Backpack kSHIB_USDC_PERP
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Hyperliquid kSHIB