SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.14 per $10,000 · paid last 24h −0.028%

Price spread now: Extended against GMX+1.140%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 1.140% dearer against GMX than usual: you sell high and buy low (spread +1.140% now, against zero (this spread has no 7-day history yet)): +$114 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SHIB/USD [ETH-USDC]	0.000006000	L +0.0213% / S −0.2404%	pay 0.0027% / 1h	9m 23s	$1K	—	100x
Short	Extended 1000SHIB-USD	0.000006068	0.0104	get 0.0013% / 1h	9m 23s	$54K	$4K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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 GMXbpFee ExtendedbpOrdersPrice spread, now +1.140%Rate

Funding earned: −$22.92
Price spread: +1.140% → 0.000%: $114.01
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $74.1
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Extended: 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 GMX no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

GMX and 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
Coinbase International 1000SHIB-PERP-INTX	−0.0168%	1h	0.000006131	+2.183%	$123K	$1.5M	50x	as long as short
Kraken Futures PF_SHIBUSD	−0.0064%	1h	0.000006081	+1.348%	$1.2M	$1.0M	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000006077	+1.282%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006097	+1.622%	$191K	$2.9M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006086	+1.433%	$50K	$61K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006060	+0.995%	$572	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.667%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000006059	+0.983%	—	$2.3M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006080	+1.333%	$160K	$628K	10x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000006075	+1.250%	$3.6M	$5.3M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006063	+1.045%	$42K	$331K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006065	+1.087%	$30.9M	$118.6M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006059	+0.983%	$9.8M	$41.1M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006057	+0.950%	$7.2M	$6.9M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006055	+0.917%	$29.6M	$19.0M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006052	+0.867%	$4.7M	$3.0M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006059	+0.983%	$11.7M	$16.4M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006080	+1.333%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006063	+1.050%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006094	+1.567%	$2K	$26K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006085	+1.417%	$507	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006087	+1.450%	$417K	$579K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006080	+1.333%	$2.1M	$7.2M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000006077	+1.281%	$7K	$13	20x	as long as short
Extended 1000SHIB-USDshort	+0.0104%	1h	0.000006068	+1.140%	$54K	$4K	25x
Pacifica kSHIB	+0.0188%	1h	0.000006079	+1.317%	$12K	$5K	10x	as long as short
GMX SHIB/USD [ETH-USDC]long	L +0.0213% / S −0.2404%	1h	0.000006000	long leg	$1K	—	100x
BloFin SHIB-USDT	+0.0220%	8h	0.000006090	+1.500%	$949K	$911K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006055	+0.916%	$1	—	20x	as long as short