SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.019%

Price spread now: BingX against Orderly+0.213%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 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. BingX is 0.213% dearer against Orderly than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000SHIB_USDC	0.000006098	0.0100	pay 0.0100% / 8h	1h 43m	$7K	$4K	20x
Short	BingX 1000SHIB-USDT	0.000006111	0.0068	get 0.0068% / 8h	1h 43m	—	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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 OrderlybpFee BingXbpOrdersPrice spread, now +0.213%Rate

Funding earned: −$6.72
Price spread: +0.213% → 0.000%: $21.32
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1.4
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 5 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 5 min ago	1.65 bp	9.7 bp −$10	15.4 bp −$154	57.0 bp −$5,704	131.0 bp −$65.5K

Orderly: 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
dYdX SHIB-USD	0.0000%	1h	0.000006111	+0.220%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006112	+0.233%	$91K	$1.9M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006101	+0.049%	$47K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006103	+0.084%	$742	—	150x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0008%	1h	0.000006113	+0.246%	$85K	$808K	50x	as long as short
BingX 1000SHIB-USDTshort	+0.0068%	8h	0.000006111	+0.213%	—	$2.1M	—
Lighter 1000SHIB	+0.0096%	1h	0.000006105	+0.115%	$154K	$288K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006112	+0.234%	$36K	$173K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006115	+0.279%	$12K	$4K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006122	+0.393%	$29.9M	$90.9M	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	0.000006128	+0.492%	$8.9M	$31.2M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006107	+0.148%	$7.0M	$5.5M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006110	+0.197%	$32.1M	$15.6M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006110	+0.197%	$4.9M	$2.4M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006125	+0.443%	$11.8M	$12.7M	75x	as long as short
Orderly PERP_1000SHIB_USDClong	+0.0100%	8h	0.000006098	long leg	$7K	$4K	20x
SunX SHIB-USDT	+0.0100%	8h	0.000006113	+0.246%	$2K	$23K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006103	+0.082%	$542	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006103	+0.082%	$416K	$633K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006105	+0.115%	$2.1M	$5.6M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006127	+0.471%	$54K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0104%	8h	0.000006117	+0.318%	$7K	—	20x	as long as short
Injective SHIB/USDC PERP	+0.0141%	1h	0.000005975	−2.017%	$245	$99K	5.5x	as long as short
Backpack kSHIB_USDC_PERP	+0.0192%	1h	0.000006112	+0.230%	$25K	$5K	15x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.607%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006108	+0.164%	$708K	$957K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006109	+0.185%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0355%	1h	0.000006105	+0.119%	$1.2M	$780K	50x	as long as short
Hyperliquid kSHIB	+0.0934%	1h	0.000006123	+0.410%	$4.4M	$3.9M	10x	as long as short