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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0323%/8h= −35.4% APRnext payment $0.40 per $10,000 · paid last 24h −0.096%
Price spread now: gTrade (Gains Network) against Reya−0.017%7-day average · you buy dearer than you sell
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 · 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: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kSHIBRUSDPERP0.0000059820.0323pay 0.0040% / 1h28m 09s$120x
ShortgTrade (Gains Network) SHIB/USD0.000005981L +0.0006% / S 0.0000%pay 0.0000% / 1h28m 09s$565150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$67.83
Price spread: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$85.49
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Reya and gTrade (Gains Network): 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000SHIB-PERP-INTX−0.0056%1h0.000006068+1.436%$131K$1.7M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.0000059820.000%$78K$3.5M2xas long as short
gTrade (Gains Network) SHIB/USDshortL +0.0006% / S 0.0000%1h0.000005981−0.017%$565150x
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.968%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005984+0.032%$1.7Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0084%1h0.000005988+0.099%$48K$50K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005989+0.115%$156K$617K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005987+0.078%$40K$271K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005984+0.032%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005987+0.082%$31.0M$128.6M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005986+0.065%$9.5M$45.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005980−0.035%$7.0M$6.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005986+0.065%$27.5M$19.1M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005983+0.015%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005986+0.065%$11.3M$17.4M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005988+0.099%$23K$9K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005985+0.049%$6K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005994+0.199%$2K$25K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005986+0.065%$510$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005986+0.065%$411K$482K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005990+0.132%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000005986+0.058%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005983+0.007%$53K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0203%1h0.000005984+0.037%$1.2M$1.0M50xas long as short
Hyperliquid kSHIB+0.0212%1h0.000005992+0.166%$3.6M$5.2M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000005000−16.417%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005982−0.002%$915K$882K50xas long as short
Reya kSHIBRUSDPERPlong+0.0323%1h0.000005982long leg$120x
dYdX SHIB-USD+0.8201%1h0.000005982−0.009%$31K$65K10xas long as short