Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Lighter−0.101%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.101% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it 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 | Lighter 1000SHIB | 0.000005963 | 0.0096 | pay 0.0012% / 1h | 9m 05s | $171K | $625K | 10x |
| Short | SoDEX 1000SHIB-USD | 0.000005957 | 0.0100 | get 0.0013% / 1h | 9m 05s | $522 | $5K | 10x |
Lighter 1000SHIB
SoDEX 1000SHIB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Lighter. 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
- $0.84
- Price spread: −0.101% → 0.000%
- −$10.06
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$17.22
- Costs to cover
- 0.080%
- Break-even
- 150.5 days
Slippage unknown: Lighter: live order book, 24 min ago; SoDEX: 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 Lighter live order book, 24 min ago | 1.68 bp | 11.4 bp −$11 | 65.2 bp −$652 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 0.000005962 | −0.010% | $145K | $4.0M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005960 | −0.059% | $563 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0016% | 1h | 0.000005955 | −0.134% | $143K | $1.8M | 50x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +1.291% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0070% | 8h | 0.000005958 | −0.084% | — | $1.7M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0086% | 1h | 0.000005961 | −0.034% | $51K | $50K | 25x | as long as short |
| Lighter 1000SHIBlong | +0.0096% | 1h | 0.000005963 | long leg | $171K | $625K | 10x | |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005960 | −0.051% | $42K | $285K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005964 | +0.017% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005961 | −0.034% | $31.0M | $132.5M | 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
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 | 0.000005953 | −0.168% | $8.6M | $48.5M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005955 | −0.134% | $7.0M | $6.9M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005957 | −0.101% | $27.1M | $19.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005958 | −0.084% | $4.8M | $3.3M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005958 | −0.084% | $11.5M | $18.1M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005960 | −0.050% | $6K | $2K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000005972 | +0.151% | $2K | $26K | 20x | as long as short |
| SoDEX 1000SHIB-USDshort | +0.0100% | 1h | 0.000005957 | −0.101% | $522 | $5K | 10x | |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005961 | −0.034% | $405K | $489K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005960 | −0.050% | $2.1M | $7.9M | 50x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000005965 | +0.034% | $3.6M | $5.2M | 10x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0101% | 8h | 0.000005966 | +0.043% | $7K | $13 | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005952 | −0.182% | $53K | $396 | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0132% | 1h | 0.000005961 | −0.034% | $23K | $8K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0209% | 1h | 0.000005961 | −0.027% | $1.2M | $1.0M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0211% / S −0.2404% | 1h | 0.000005000 | −16.150% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005956 | −0.117% | $829K | $891K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005956 | −0.115% | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | +0.6758% | 1h | 0.000005961 | −0.027% | $31K | $52K | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Hyperliquid kSHIB
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
Backpack kSHIB_USDC_PERP
Kraken Futures PF_SHIBUSD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
dYdX SHIB-USD