SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0201%/8h= −22.1% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%

Price spread now: gTrade (Gains Network) against Kraken Futures+0.080%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.080% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SHIBUSD	0.000005966	0.0201	pay 0.0025% / 1h	20m 42s	$1.2M	$1.0M	50x
Short	gTrade (Gains Network) SHIB/USD	0.000005971	L +0.0006% / S 0.0000%	pay 0.0000% / 1h	20m 42s	$564	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.080%Rate

Funding earned: −$42.29
Price spread: +0.080% → 0.000%: $7.96
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$54.33
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 3 min ago	4.17 bp	26.3 bp −$26	33.4 bp −$334	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.0016%	1h	0.000006005	+0.649%	$117K	$1.6M	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005972	+0.105%	$118K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000005969	+0.046%	$50K	$59K	25x	as long as short
gTrade (Gains Network) SHIB/USDshort	L +0.0006% / S 0.0000%	1h	0.000005971	+0.080%	$564	—	150x
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.236%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000005967	+0.013%	—	$2.3M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005969	+0.046%	$155K	$643K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005965	−0.021%	$41K	$305K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000005965	−0.021%	$12K	$6K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005966	+0.004%	$30.3M	$127.9M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005960	−0.105%	$8.8M	$43.7M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005964	−0.038%	$7.0M	$7.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005960	−0.105%	$28.6M	$20.2M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005965	−0.021%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005965	−0.021%	$11.3M	$17.2M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005968	+0.029%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005970	+0.063%	$6K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005978	+0.197%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005966	−0.004%	$505	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005971	+0.080%	$407K	$576K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005965	−0.021%	$2.1M	$7.7M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0103%	8h	0.000005969	+0.054%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005967	+0.011%	$53K	$4K	25x	as long as short
Kraken Futures PF_SHIBUSDlong	+0.0201%	1h	0.000005966	long leg	$1.2M	$1.0M	50x
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000005000	−16.195%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000005970	+0.063%	$867K	$931K	50x	as long as short
Hyperliquid kSHIB	+0.0251%	1h	0.000005972	+0.096%	$3.6M	$5.5M	10x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005970	+0.063%	$1	—	20x	as long as short
dYdX SHIB-USD	+0.4335%	1h	0.000005965	−0.022%	$35K	$70K	10x	as long as short