SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.2304%/8h= +252.2% APRnext payment +$2.88 per $10,000 · paid last 24h +0.631%

Price spread now: GMX against SoDEX−0.332%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on GMX

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—needs both histories

Funding pays, the price is against you. GMX is 0.332% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.332% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 12 hours of funding at the current rate (+$69 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000SHIB-USD	0.000006020	0.0100	pay 0.0013% / 1h	20m 46s	$517	$5K	10x
Short	GMX SHIB/USD [ETH-USDC]	0.000006000	L +0.0213% / S −0.2404%	get 0.0300% / 1h	20m 46s	$1K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.332%Rate

Funding earned: $483.74
Price spread: −0.332% → 0.000%: −$33.22
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $430.52
Costs to cover: 0.200%
Break-even: 0.8 days

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

SoDEX and GMX: 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 28 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	0.000006021	+0.013%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006021	+0.022%	$192K	$2.3M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006020	0.000%	$46K	$64K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006022	+0.033%	$732	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.332%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0072%	1h	0.000006027	+0.116%	$136K	$1.1M	50x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000006012	−0.133%	—	$2.1M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006020	0.000%	$163K	$610K	10x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000006023	+0.050%	$3.7M	$4.7M	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006017	−0.043%	$40K	$238K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006014	−0.107%	$29.4M	$101.8M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006012	−0.133%	$9.3M	$36.1M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006010	−0.166%	$6.9M	$5.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006012	−0.133%	$30.3M	$17.5M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006012	−0.133%	$4.9M	$2.7M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006012	−0.133%	$11.3M	$14.2M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006019	−0.017%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006020	0.000%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006032	+0.199%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USDlong	+0.0100%	1h	0.000006020	long leg	$517	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000006016	−0.066%	$412K	$595K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006020	0.000%	$2.1M	$6.6M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006014	−0.106%	$53K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0118%	8h	0.000006022	+0.027%	$7K	$13	20x	as long as short
Pacifica kSHIB	+0.0183%	1h	0.000006021	+0.017%	$12K	$4K	10x	as long as short
GMX SHIB/USD [ETH-USDC]short	L +0.0213% / S −0.2404%	1h	0.000006000	−0.332%	$1K	—	100x
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006024	+0.062%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0757%	1h	0.000006013	−0.113%	$1.1M	$869K	50x	as long as short