SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0612%/8h= +67.0% APRnext payment +$0.76 per $10,000 · paid last 24h +0.055%

Price spread now: Hyperliquid against Pacifica−0.200%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Hyperliquid

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 · Hyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.200% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 26 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kSHIB	0.000006015	0.0183	pay 0.0023% / 1h	57m 02s	$12K	$4K	10x
Short	Hyperliquid kSHIB	0.000006003	0.0795	get 0.0099% / 1h	57m 02s	$4.4M	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Pacifica. 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 PacificabpFee HyperliquidbpOrdersPrice spread, now −0.200%Rate

Funding earned: $128.43
Price spread: −0.200% → 0.000%: −$19.95
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $91.48
Costs to cover: 0.170%
Break-even: 2.0 days

Slippage unknown: Pacifica: no order-book sample; Hyperliquid: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 5 min ago	2.49 bp	10.1 bp −$10	18.4 bp −$184	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	0.000006012	−0.050%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006004	−0.183%	$202K	$2.3M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006007	−0.133%	$46K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006006	−0.150%	$731	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.416%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0072%	1h	0.000006017	+0.033%	$97K	$859K	50x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000005990	−0.416%	—	$2.1M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006009	−0.100%	$237K	$470K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006008	−0.122%	$37K	$180K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005990	−0.408%	$29.4M	$99.7M	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	0.000005992	−0.382%	$9.1M	$34.8M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005991	−0.399%	$6.9M	$5.4M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005987	−0.466%	$30.8M	$16.8M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005987	−0.466%	$4.9M	$2.7M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005988	−0.449%	$11.2M	$14.0M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006007	−0.133%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006017	+0.033%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006004	−0.183%	$521	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006002	−0.216%	$413K	$599K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006005	−0.166%	$2.1M	$6.4M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005987	−0.469%	$53K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0129%	8h	0.000006020	+0.086%	$7K	$13	20x	as long as short
Pacifica kSHIBlong	+0.0183%	1h	0.000006015	long leg	$12K	$4K	10x
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−0.249%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006010	−0.083%	$867K	$935K	50x	as long as short
Backpack kSHIB_USDC_PERP	+0.0272%	1h	0.000005992	−0.382%	$23K	$7K	15x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006008	−0.120%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0758%	1h	0.000006005	−0.163%	$1.1M	$828K	50x	as long as short
Hyperliquid kSHIBshort	+0.0795%	1h	0.000006003	−0.200%	$4.4M	$4.1M	10x