Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Paradex+0.071%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% dearer against Paradex than usual: you sell high and buy low, +$7 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 | Paradex kSHIB-USD-PERP | 0.000006069 | 0.0103 | pay 0.0103% / 8h | 1h 22m | $7K | — | 20x |
| Short | Bitget SHIBUSDT | 0.000006073 | 0.0100 | get 0.0100% / 8h | 1h 22m | $11.6M | $13.0M | 75x |
Paradex kSHIB-USD-PERP
Bitget SHIBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paradex. 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
- −$0.67
- Price spread: +0.071% → 0.000%
- $7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$9.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 1 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 0.82 bp | 10.4 bp −$10 | 15.6 bp −$156 | 76.1 bp −$7,609 | doesn't fit |
Paradex: 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 | 0.000006065 | −0.056% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006070 | +0.015% | $73K | $1.9M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006070 | +0.022% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006069 | +0.004% | $738 | — | 150x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0008% | 1h | 0.000006075 | +0.104% | $81K | $786K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006072 | +0.055% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006072 | +0.055% | $153K | $290K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006071 | +0.037% | $35K | $175K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006068 | −0.011% | $11K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006073 | +0.075% | $29.8M | $93.5M | 75x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
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 | 0.000006072 | +0.055% | $8.8M | $32.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006070 | +0.022% | $7.0M | $5.6M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006075 | +0.104% | $30.9M | $16.1M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006073 | +0.071% | $4.8M | $2.5M | 75x | as long as short |
| Bitget SHIBUSDTshort | +0.0100% | 8h | 0.000006073 | +0.071% | $11.6M | $13.0M | 75x | |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006073 | +0.071% | $25K | $6K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006069 | +0.005% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006078 | +0.154% | $2K | $23K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006071 | +0.038% | $538 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006070 | +0.022% | $414K | $618K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006072 | +0.055% | $2.1M | $5.8M | 50x | as long as short |
| Paradex kSHIB-USD-PERPlong | +0.0103% | 8h | 0.000006069 | long leg | $7K | — | 20x | |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006071 | +0.036% | $54K | $4K | 25x | as long as short |
| Injective SHIB/USDC PERP | +0.0141% | 1h | 0.000006040 | −0.472% | $248 | $134K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.132% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006072 | +0.055% | $829K | $951K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006072 | +0.050% | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0356% | 1h | 0.000006072 | +0.059% | $1.2M | $796K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0825% | 1h | 0.000006081 | +0.203% | $4.4M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Injective SHIB/USDC PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP
Kraken Futures PF_SHIBUSD
Hyperliquid kSHIB