SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.067%

Price spread now: Reya against SoDEX−0.099%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 Reya

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

Funding pays, the price is against you. Reya is 0.099% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 36 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000SHIB-USD	0.000005979	0.0100	pay 0.0013% / 1h	18m 48s	$505	$5K	10x
Short	Reya kSHIBRUSDPERP	0.000005973	0.0323	get 0.0040% / 1h	18m 48s	$1	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.099%Rate

Funding earned: $46.75
Price spread: −0.099% → 0.000%: −$9.94
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $22.81
Costs to cover: 0.140%
Break-even: 3.6 days

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

SoDEX and Reya: 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
Coinbase International 1000SHIB-PERP-INTX	−0.0016%	1h	0.000006005	+0.435%	$117K	$1.6M	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005975	−0.074%	$126K	$3.2M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000005977	−0.040%	$564	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.020%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000005979	0.000%	—	$2.3M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0085%	1h	0.000005979	0.000%	$50K	$59K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005979	0.000%	$156K	$643K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005983	+0.066%	$41K	$305K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000005978	−0.017%	$12K	$6K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005979	0.000%	$30.4M	$128.0M	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	0.000005970	−0.151%	$8.8M	$43.9M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005976	−0.050%	$7.0M	$7.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005975	−0.067%	$28.7M	$20.2M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005977	−0.033%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005977	−0.033%	$11.3M	$17.2M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005982	+0.050%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005979	0.000%	$6K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005994	+0.251%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USDlong	+0.0100%	1h	0.000005979	long leg	$505	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000005970	−0.151%	$407K	$576K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005975	−0.067%	$2.1M	$7.7M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0103%	8h	0.000005981	+0.029%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005968	−0.180%	$53K	$4K	25x	as long as short
Kraken Futures PF_SHIBUSD	+0.0201%	1h	0.000005981	+0.037%	$1.2M	$1.0M	50x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000005000	−16.374%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000005974	−0.084%	$870K	$931K	50x	as long as short
Hyperliquid kSHIB	+0.0248%	1h	0.000005984	+0.084%	$3.6M	$5.5M	10x	as long as short
Reya kSHIBRUSDPERPshort	+0.0323%	1h	0.000005973	−0.099%	$1	—	20x
dYdX SHIB-USD	+0.4758%	1h	0.000005979	−0.002%	$35K	$70K	10x	as long as short