SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0223%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.067%

Price spread now: SoDEX against Reya+0.063%7-day average — · you sell dearer than you buy

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

Long on Reya Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. SoDEX is 0.063% dearer against Reya than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kSHIBRUSDPERP	0.000006064	0.0323	pay 0.0040% / 1h	13m 11s	$1	—	20x
Short	SoDEX 1000SHIB-USD	0.000006068	0.0100	get 0.0013% / 1h	13m 11s	$542	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee ReyabpFee SoDEXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$46.75
Price spread: +0.063% → 0.000%: $6.3
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$54.45
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; SoDEX: 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 Reya no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Reya and SoDEX: 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	0.000006074	+0.159%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006071	+0.106%	$73K	$1.9M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006068	+0.063%	$46K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006067	+0.043%	$738	—	150x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0008%	1h	0.000006080	+0.261%	$81K	$786K	50x	as long as short
BingX 1000SHIB-USDC	+0.0080%	8h	0.000006068	+0.063%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006070	+0.096%	$153K	$290K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006070	+0.089%	$35K	$175K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006072	+0.129%	$11K	$4K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006070	+0.090%	$29.8M	$93.9M	75x	as long as short

Show 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	+0.129%	$8.8M	$32.0M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006067	+0.046%	$7.0M	$5.6M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006070	+0.096%	$30.8M	$16.2M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006069	+0.079%	$4.8M	$2.5M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006070	+0.096%	$11.6M	$13.1M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006071	+0.112%	$25K	$6K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006068	+0.063%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006076	+0.195%	$2K	$23K	20x	as long as short
SoDEX 1000SHIB-USDshort	+0.0100%	1h	0.000006068	+0.063%	$542	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000006068	+0.063%	$414K	$618K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006070	+0.096%	$2.1M	$5.8M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0103%	8h	0.000006074	+0.160%	$7K	—	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006066	+0.035%	$54K	$4K	25x	as long as short
Injective SHIB/USDC PERP	+0.0141%	1h	0.000006040	−0.399%	$248	$134K	5.5x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.058%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006069	+0.079%	$816K	$949K	50x	as long as short
Reya kSHIBRUSDPERPlong	+0.0323%	1h	0.000006064	long leg	$1	—	20x
Kraken Futures PF_SHIBUSD	+0.0357%	1h	0.000006070	+0.093%	$1.2M	$798K	50x	as long as short
Hyperliquid kSHIB	+0.0799%	1h	0.000006080	+0.261%	$4.4M	$4.0M	10x	as long as short