Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0219%/8h= −23.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.066%
Price spread now: Extended against Reya0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kSHIBRUSDPERP0.0000059650.0323pay 0.0040% / 1h55m 11s$120x
ShortExtended 1000SHIB-USD0.0000059650.0104get 0.0013% / 1h55m 11s$53K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Reya. 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

Funding earned
−$45.91
Price spread: 0.000% → 0.000%
$0.01
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$56.9
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Extended no order-book sample
Reya and Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX 1000SHIB-USDT−0.0177%8h0.000005977+0.200%$2.3Mas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0024%1h0.000005944−0.353%$128K$1.6M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005973+0.130%$126K$3.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005970+0.083%$50K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005969+0.071%$564150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.256%$248$134K5.5xas long as short
Lighter 1000SHIB+0.0096%1h0.000005974+0.150%$155K$641K10xas long as short
Kraken Futures PF_SHIBUSD+0.0100%1h0.000005972+0.111%$1.2M$1.0M50xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005983+0.301%$3.6M$5.5M10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005981+0.263%$41K$301K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000005970+0.083%$12K$6K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005983+0.300%$30.4M$128.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005980+0.250%$8.7M$44.6M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005975+0.167%$7.0M$6.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005975+0.167%$28.6M$20.0M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005971+0.100%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005982+0.284%$11.3M$17.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005977+0.200%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005970+0.083%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005980+0.250%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005971+0.100%$513$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005974+0.150%$412K$592K75xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000005970+0.087%$7K$1320xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.0000059650.000%$53K$4K25x
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000005000−16.179%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005967+0.033%$835K$930K50xas long as short
Reya kSHIBRUSDPERPlong+0.0323%1h0.000005965long leg$120x
Phemex u1000SHIBUSDT+0.0548%8h0.000005980+0.250%$2.1M$7.7M50xas long as short
dYdX SHIB-USD+0.3464%1h0.000005967+0.032%$23K$82K10xas long as short