SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.037%

Price spread now: BloFin against Paradex−0.036%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.036% cheaper against Paradex than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kSHIB-USD-PERP	0.000006092	0.0124	pay 0.0124% / 8h	7h 07m	$7K	$13	20x
Short	BloFin SHIB-USDT	0.000006090	0.0220	get 0.0220% / 8h	7h 07m	$865K	$938K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $20.06
Price spread: −0.036% → 0.000%: −$3.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.42
Costs to cover: 0.160%
Break-even: 6.9 days

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 15 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 BloFin live order book, 15 min ago	1.65 bp	11.6 bp −$12	17.6 bp −$176	78.7 bp −$7,866	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	0.000006089	−0.053%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006089	−0.056%	$208K	$2.3M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006087	−0.091%	$740	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−0.857%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0064%	1h	0.000006108	+0.259%	$85K	$859K	50x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0079%	1h	0.000006090	−0.036%	$47K	$65K	25x	as long as short
BingX 1000SHIB-USDC	+0.0080%	8h	0.000006095	+0.046%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006097	+0.078%	$240K	$469K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006086	−0.101%	$37K	$179K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006090	−0.036%	$12K	$4K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006097	+0.079%	$30.0M	$98.9M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006090	−0.036%	$9.3M	$35.2M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006092	−0.004%	$7.1M	$5.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006096	+0.062%	$31.7M	$17.0M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006087	−0.086%	$4.9M	$2.6M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006096	+0.062%	$11.4M	$13.9M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006087	−0.086%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006097	+0.078%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006091	−0.020%	$533	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006082	−0.168%	$418K	$598K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006091	−0.020%	$2.2M	$6.3M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006090	−0.033%	$54K	$4K	25x	as long as short
Paradex kSHIB-USD-PERPlong	+0.0124%	8h	0.000006092	long leg	$7K	$13	20x
Backpack kSHIB_USDC_PERP	+0.0198%	1h	0.000006097	+0.078%	$23K	$7K	15x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.514%	$1K	—	100x	as long as short
BloFin SHIB-USDTshort	+0.0220%	8h	0.000006090	−0.036%	$865K	$938K	50x
Kraken Futures PF_SHIBUSD	+0.0258%	1h	0.000006092	−0.003%	$1.2M	$826K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006086	−0.098%	$1	—	20x	as long as short
Hyperliquid kSHIB	+0.0732%	1h	0.000006106	+0.226%	$4.4M	$4.0M	10x	as long as short