Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.001%
Price spread now: Pacifica against Paradex−0.469%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropParadex: Active · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Pacifica is 0.469% cheaper against Paradex than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000006099 | 0.0110 | pay 0.0110% / 8h | 7h 40m | $7K | — | 20x |
| Short | Pacifica kSHIB | 0.000006070 | 0.0100 | get 0.0013% / 1h | 40m 37s | $12K | $4K | 10x |
Paradex kSHIB-USD-PERP
Pacifica kSHIBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$2.09
- Price spread: −0.469% → 0.000%
- −$46.88
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$60.97
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Pacifica: no order-book sample. 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 Pacifica no order-book sample | — | — | — | — | — |
Paradex and 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 | 0.000006077 | −0.354% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006052 | −0.771% | $93K | $2.0M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006056 | −0.700% | $737 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.961% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006011 | −1.436% | $76K | $766K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006085 | −0.223% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006080 | −0.305% | $218K | $435K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006053 | −0.746% | $37K | $180K | 50x | as long as short |
| Pacifica kSHIBshort | +0.0100% | 1h | 0.000006070 | −0.469% | $12K | $4K | 10x | |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006076 | −0.366% | $29.6M | $97.4M | 75x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
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 | 0.000006096 | −0.042% | $8.7M | $34.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006053 | −0.748% | $7.0M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006082 | −0.272% | $31.4M | $16.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006066 | −0.534% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006089 | −0.157% | $11.6M | $13.7M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006060 | −0.633% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006069 | −0.485% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006060 | −0.633% | $558 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006056 | −0.698% | $414K | $593K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006062 | −0.600% | $2.1M | $6.3M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006054 | −0.727% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERPlong | +0.0110% | 8h | 0.000006099 | long leg | $7K | — | 20x | |
| Backpack kSHIB_USDC_PERP | +0.0167% | 1h | 0.000006056 | −0.698% | $25K | $6K | 15x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.617% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006057 | −0.682% | $811K | $941K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0245% | 1h | 0.000006060 | −0.633% | $46K | $65K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0259% | 1h | 0.000006060 | −0.630% | $1.1M | $815K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006059 | −0.648% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0644% | 1h | 0.000006077 | −0.354% | $4.4M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Hyperliquid kSHIB