Funding you earn now, next payment 09:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Kraken Futures against Pacifica+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.036% dearer against Pacifica than usual: you sell high and buy low, +$4 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 | Pacifica kSHIB | 0.000005994 | 0.0100 | pay 0.0013% / 1h | 19m 31s | $12K | $6K | 10x |
| Short | Kraken Futures PF_SHIBUSD | 0.000005996 | 0.0099 | get 0.0012% / 1h | 19m 31s | $1.2M | $1.0M | 50x |
Pacifica kSHIB
Kraken Futures PF_SHIBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Pacifica. 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
- −$0.12
- Price spread: +0.036% → 0.000%
- $3.6
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$14.51
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago | 4.18 bp | 21.7 bp −$22 | 33.1 bp −$331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0024% | 1h | 0.000005985 | −0.150% | $130K | $1.7M | 50x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005995 | +0.020% | $153K | $3.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005991 | −0.057% | $565 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.767% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0070% | 8h | 0.000005996 | +0.033% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005999 | +0.083% | $156K | $644K | 10x | as long as short |
| Kraken Futures PF_SHIBUSDshort | +0.0099% | 1h | 0.000005996 | +0.036% | $1.2M | $1.0M | 50x | |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006000 | +0.097% | $41K | $298K | 50x | as long as short |
| Pacifica kSHIBlong | +0.0100% | 1h | 0.000005994 | long leg | $12K | $6K | 10x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006005 | +0.184% | $30.6M | $128.3M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Lighter 1000SHIB
Aster 1000SHIBUSDT
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005997 | +0.050% | $9.0M | $45.4M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005992 | −0.033% | $7.0M | $7.1M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005992 | −0.033% | $28.2M | $20.2M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005994 | 0.000% | $4.6M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005993 | −0.017% | $11.3M | $17.3M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005995 | +0.017% | $23K | $9K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005996 | +0.033% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006007 | +0.217% | $2K | $26K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005995 | +0.017% | $514 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005996 | +0.033% | $413K | $571K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006000 | +0.100% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0101% | 8h | 0.000005999 | +0.089% | $7K | $13 | 20x | as long as short |
| Hyperliquid kSHIB | +0.0101% | 1h | 0.000006002 | +0.133% | $3.6M | $5.5M | 10x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005992 | −0.041% | $53K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000005000 | −16.583% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005997 | +0.050% | $857K | $937K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0251% | 1h | 0.000005997 | +0.050% | $53K | $55K | 25x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005988 | −0.106% | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | +0.8712% | 1h | 0.000005994 | +0.003% | $31K | $87K | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Hyperliquid kSHIB
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Reya kSHIBRUSDPERP
dYdX SHIB-USD