Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against SunX−0.171%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.171% cheaper against SunX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SHIB-USDT | 0.000005982 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $2K | $27K | 20x |
| Short | gTrade (Gains Network) SHIB/USD | 0.000005972 | L +0.0006% / S 0.0000% | pay 0.0000% / 1h | 35m 11s | $564 | — | 150x |
SunX SHIB-USDT
gTrade (Gains Network) SHIB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.08
- Price spread: −0.171% → 0.000%
- −$17.05
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$56.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
SunX 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.0376% | 1h | 0.000005973 | −0.156% | $1.1M | $1.1M | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.0088% | 1h | 0.000006016 | +0.568% | $117K | $1.6M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000005973 | −0.152% | $23K | $56K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005973 | −0.147% | $105K | $3.3M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005975 | −0.117% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USDshort | L +0.0006% / S 0.0000% | 1h | 0.000005972 | −0.171% | $564 | — | 150x | |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.970% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0050% | 8h | 0.000005972 | −0.167% | — | $2.3M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005978 | −0.067% | $155K | $640K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005980 | −0.040% | $41K | $336K | 50x | as long as short |
Kraken Futures PF_SHIBUSD
Coinbase International 1000SHIB-PERP-INTX
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kSHIB | +0.0100% | 1h | 0.000005977 | −0.084% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005972 | −0.171% | $29.9M | $127.9M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000005972 | −0.167% | $9.1M | $43.2M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005968 | −0.234% | $7.0M | $7.4M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005971 | −0.184% | $28.0M | $19.6M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005972 | −0.167% | $4.6M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005972 | −0.167% | $11.3M | $17.4M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005975 | −0.117% | $23K | $8K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005974 | −0.134% | $6K | $4K | 20x | as long as short |
| SunX SHIB-USDTlong | +0.0100% | 8h | 0.000005982 | long leg | $2K | $27K | 20x | |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005974 | −0.134% | $503 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005972 | −0.167% | $406K | $577K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000005980 | −0.033% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0102% | 8h | 0.000005977 | −0.085% | $7K | $13 | 20x | as long as short |
| Hyperliquid kSHIB | +0.0103% | 1h | 0.000005979 | −0.050% | $3.6M | $5.4M | 10x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005970 | −0.199% | $53K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000005000 | −16.416% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005970 | −0.201% | $865K | $925K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005971 | −0.191% | $1 | — | 20x | as long as short |
Pacifica kSHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-PERP
Hyperliquid kSHIB
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP