SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.40 per $10,000 · paid last 24h +0.095%

Price spread now: Reya against gTrade (Gains Network)−0.755%296s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.755% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.755% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$75 on $10k: about 8.0 days of funding at the current rate (+$9 a day). The two prices were read 296 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SHIB/USD	0.000006113	L +0.0006% / S 0.0000%	pay 0.0001% / 1h	55m 01s	$577	—	150x
Short	Reya kSHIBRUSDPERP	0.000006067	0.0323	get 0.0040% / 1h	55m 01s	$1	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee ReyabpOrdersPrice spread, now −0.755%Rate

Funding earned: $66.43
Price spread: −0.755% → 0.000%: −$75.45
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$25.02
Costs to cover: 0.160%
Break-even: 9.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Reya: 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	−0.0080%	1h	0.000006109	−0.067%	$132K	$1.7M	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006061	−0.851%	$96K	$3.5M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006065	−0.787%	$49K	$46K	25x	as long as short
gTrade (Gains Network) SHIB/USDlong	L +0.0006% / S 0.0000%	1h	0.000006113	long leg	$577	—	150x
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−1.196%	$248	$134K	5.5x	as long as short
Kraken Futures PF_SHIBUSD	+0.0036%	1h	0.000006064	−0.798%	$1.2M	$1.0M	50x	as long as short
BingX 1000SHIB-USDT	+0.0053%	8h	0.000006067	−0.754%	—	$2.2M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006070	−0.705%	$156K	$623K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006066	−0.772%	$41K	$295K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006082	−0.509%	$12K	$6K	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	0.000006064	−0.801%	$31.2M	$130.0M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006061	−0.852%	$9.8M	$46.9M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006067	−0.754%	$7.2M	$6.8M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006060	−0.869%	$27.5M	$19.9M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006067	−0.754%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006064	−0.803%	$11.4M	$17.7M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006068	−0.738%	$23K	$9K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006071	−0.689%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006080	−0.541%	$2K	$26K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006065	−0.787%	$513	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006072	−0.672%	$417K	$514K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006070	−0.705%	$2.1M	$7.8M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000006076	−0.602%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006059	−0.886%	$54K	$4K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000006000	−1.850%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006072	−0.672%	$917K	$939K	50x	as long as short
Hyperliquid kSHIB	+0.0277%	1h	0.000006074	−0.640%	$3.6M	$5.5M	10x	as long as short
Reya kSHIBRUSDPERPshort	+0.0323%	1h	0.000006067	−0.755%	$1	—	20x
dYdX SHIB-USD	+0.6089%	1h	0.000006075	−0.628%	$32K	$75K	10x	as long as short