Funding you earn now, next payment 12:00 UTC+1.1096%/8h= +1215.0% APRpaid last 24h +0.815%
Price spread now: dYdX against Gate+0.004%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+1.802%+$180 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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: +$333 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 1.802% in total (about 94.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005949 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $7.0M | $6.8M | 75x |
| Short | dYdX SHIB-USD | 0.000005949 | 1.1196 | get 0.1399% / 1h | 52m 38s | $31K | $52K | 10x |
Gate SHIB_USDT
dYdX SHIB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Gate. 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
- $2,330.13
- Price spread: +0.004% → 0.000%
- $0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $2,305.49
- Costs to cover
- 0.250%
- Break-even
- 0.1 days
Slippage unknown: Gate: live order book, 4 min ago; dYdX: 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 Gate live order book, 4 min ago | 1.68 bp | 15.2 bp −$15 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 exchanges
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 | 0.000005952 | +0.052% | $36K | $3.6M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005949 | 0.000% | $561 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005954 | +0.084% | $146K | $1.7M | 50x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +1.530% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0070% | 8h | 0.000005949 | 0.000% | — | $1.7M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0086% | 1h | 0.000005950 | +0.017% | $51K | $50K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005953 | +0.067% | $168K | $616K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005947 | −0.040% | $43K | $283K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005951 | +0.034% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005951 | +0.037% | $30.8M | $129.1M | 75x | as long as short |
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005951 | +0.034% | $9.4M | $45.5M | 50x | as long as short |
| Gate SHIB_USDTlong | +0.0100% | 8h | 0.000005949 | long leg | $7.0M | $6.8M | 75x | |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005947 | −0.034% | $27.1M | $19.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005947 | −0.034% | $4.7M | $3.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005949 | 0.000% | $11.4M | $17.7M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005949 | 0.000% | $6K | $2K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005961 | +0.202% | $2K | $25K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005956 | +0.118% | $509 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005951 | +0.034% | $408K | $488K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005955 | +0.101% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0103% | 8h | 0.000005950 | +0.018% | $7K | $13 | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005949 | +0.003% | $53K | $4K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0209% | 1h | 0.000005958 | +0.151% | $1.2M | $1.0M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0211% / S −0.2404% | 1h | 0.000005000 | −15.952% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005954 | +0.084% | $911K | $876K | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0266% | 1h | 0.000005954 | +0.084% | $23K | $9K | 15x | as long as short |
| Hyperliquid kSHIB | +0.0281% | 1h | 0.000005958 | +0.151% | $3.6M | $5.2M | 10x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005948 | −0.010% | $1 | — | 20x | as long as short |
| dYdX SHIB-USDshort | +1.1196% | 1h | 0.000005949 | +0.004% | $31K | $52K | 10x |
OKX SHIB-USDT-SWAP
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Kraken Futures PF_SHIBUSD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Backpack kSHIB_USDC_PERP
Hyperliquid kSHIB
Reya kSHIBRUSDPERP