Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.022%
Price spread now: BingX against gTrade (Gains Network)+0.318%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 +$2 a day on $10k at the current rate, and BingX is 0.318% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$32 more if the spread 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 | gTrade (Gains Network) SHIB/USD | 0.000006128 | L +0.0006% / S 0.0000% | pay 0.0001% / 1h | 55m 56s | $578 | — | 150x |
| Short | BingX 1000SHIB-USDC | 0.000006148 | 0.0080 | get 0.0080% / 8h | 3h 55m | — | $1.6M | — |
gTrade (Gains Network) SHIB/USD
BingX 1000SHIB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against gTrade (Gains Network). 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
- $15.48
- Price spread: +0.318% → 0.000%
- $31.82
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $27.3
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 11 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 3.31 bp | 12.9 bp −$13 | 36.9 bp −$369 | 192.4 bp −$19.2K | doesn't fit |
gTrade (Gains Network): 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 | 0.000006145 | +0.269% | $125K | $1.1M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.0064% | 1h | 0.000006150 | +0.351% | $1.2M | $952K | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006099 | −0.485% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006112 | −0.261% | $200K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USDlong | L +0.0006% / S 0.0000% | 1h | 0.000006128 | long leg | $578 | — | 150x | |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −1.444% | $248 | $134K | 5.5x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0076% | 1h | 0.000006138 | +0.155% | $47K | $58K | 25x | as long as short |
| BingX 1000SHIB-USDCshort | +0.0080% | 8h | 0.000006148 | +0.318% | — | $1.6M | — | |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006148 | +0.318% | $162K | $609K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006128 | −0.011% | $42K | $322K | 50x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Injective SHIB/USDC PERP
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006141 | +0.205% | $30.5M | $107.5M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006163 | +0.563% | $9.7M | $38.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006139 | +0.171% | $7.1M | $6.0M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006142 | +0.220% | $31.7M | $18.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006122 | −0.106% | $4.8M | $2.8M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006126 | −0.041% | $11.6M | $14.8M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006139 | +0.171% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006161 | +0.530% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006146 | +0.286% | $495 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006145 | +0.269% | $419K | $552K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006142 | +0.220% | $2.1M | $7.0M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006125 | −0.055% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0121% | 8h | 0.000006107 | −0.343% | $7K | $13 | 20x | as long as short |
| Pacifica kSHIB | +0.0188% | 1h | 0.000006101 | −0.449% | $12K | $5K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −2.097% | $1K | — | 100x | as long as short |
| Hyperliquid kSHIB | +0.0214% | 1h | 0.000006140 | +0.188% | $3.7M | $4.8M | 10x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006109 | −0.318% | $899K | $905K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006110 | −0.310% | $1 | — | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0356% | 1h | 0.000006136 | +0.122% | $24K | $7K | 15x | as long as short |
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
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]
Hyperliquid kSHIB
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Backpack kSHIB_USDC_PERP