SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.023%

Price spread now: Coinbase International against Pacifica+1.444%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Coinbase International

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

The price spread pays, funding is against you. Coinbase International is 1.444% dearer against Pacifica than usual: you sell high and buy low (spread +1.444% now, against zero (this spread has no 7-day history yet)): +$144 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kSHIB	0.000006026	0.0100	pay 0.0013% / 1h	30m 27s	$12K	$4K	10x
Short	Coinbase International 1000SHIB-PERP-INTX	0.000006113	0.0032	get 0.0004% / 1h	30m 27s	$81K	$791K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +1.444%Rate

Funding earned: −$14.28
Price spread: +1.444% → 0.000%: $144.37
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $112.09
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Coinbase International: live order book, 48 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 Pacifica no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 48 min ago	6.59 bp	13.2 bp −$13	19.2 bp −$192	doesn't fit	doesn't fit

Pacifica: 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	0.000006026	+0.002%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006029	+0.056%	$73K	$1.9M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006028	+0.033%	$46K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006029	+0.050%	$733	—	150x	as long as short
Coinbase International 1000SHIB-PERP-INTXshort	+0.0032%	1h	0.000006113	+1.444%	$81K	$791K	50x
BingX 1000SHIB-USDT	+0.0080%	8h	0.000006027	+0.017%	—	$2.1M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006027	+0.017%	$152K	$292K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006025	−0.010%	$35K	$175K	50x	as long as short
Pacifica kSHIBlong	+0.0100%	1h	0.000006026	long leg	$12K	$4K	10x
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006029	+0.048%	$29.7M	$95.1M	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	0.000006033	+0.116%	$8.7M	$32.6M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006026	0.000%	$6.9M	$5.6M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006026	0.000%	$30.1M	$16.4M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006030	+0.066%	$4.9M	$2.5M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006031	+0.083%	$11.5M	$13.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006028	+0.033%	$25K	$6K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006033	+0.116%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006038	+0.199%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006027	+0.017%	$542	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006028	+0.033%	$413K	$616K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006030	+0.066%	$2.1M	$6.0M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000006029	+0.047%	$7K	—	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006028	+0.029%	$53K	$4K	25x	as long as short
Injective SHIB/USDC PERP	+0.0161%	1h	0.000006040	+0.232%	$248	$134K	5.5x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−0.431%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006027	+0.017%	$817K	$942K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006029	+0.046%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0383%	1h	0.000006028	+0.027%	$1.1M	$805K	50x	as long as short
Hyperliquid kSHIB	+0.0638%	1h	0.000006039	+0.216%	$4.4M	$4.0M	10x	as long as short