Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against Binance+0.123%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.123% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | Binance 1000SHIBUSDT | 0.000006023 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $29.4M | $97.0M | 75x |
| Short | Paradex kSHIB-USD-PERP | 0.000006031 | 0.0104 | get 0.0104% / 8h | 7h 48m | $7K | — | 20x |
Binance 1000SHIBUSDT
Paradex kSHIB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Binance. 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
- $0.78
- Price spread: +0.123% → 0.000%
- $12.3
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$0.92
- Costs to cover
- 0.140%
- Break-even
- 15.3 days
Slippage unknown: Binance: live order book, 9 min ago; Paradex: 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 Binance live order book, 9 min ago | 0.83 bp | 8.0 bp −$8 | 16.3 bp −$163 | 67.2 bp −$6,723 | 220.1 bp −$110.1K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.000006024 | +0.013% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006024 | +0.014% | $94K | $2.0M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006023 | −0.004% | $733 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.280% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006040 | +0.280% | $76K | $769K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006021 | −0.035% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0082% | 1h | 0.000006028 | +0.081% | $46K | $65K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006027 | +0.064% | $183K | $374K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006026 | +0.043% | $35K | $178K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006028 | +0.081% | $12K | $4K | 10x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDTlong | +0.0100% | 8h | 0.000006023 | long leg | $29.4M | $97.0M | 75x | |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006024 | +0.014% | $8.7M | $33.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006020 | −0.052% | $6.9M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006021 | −0.035% | $31.2M | $16.7M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006022 | −0.019% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006021 | −0.035% | $11.5M | $13.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006028 | +0.081% | $25K | $6K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006027 | +0.064% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006036 | +0.214% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006028 | +0.081% | $550 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006021 | −0.035% | $411K | $594K | 75x | as long as short |
| Paradex kSHIB-USD-PERPshort | +0.0104% | 8h | 0.000006031 | +0.123% | $7K | — | 20x | |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006020 | −0.056% | $54K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.384% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006022 | −0.019% | $798K | $940K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0260% | 1h | 0.000006028 | +0.075% | $1.1M | $813K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006022 | −0.017% | $1 | — | 20x | as long as short |
| Phemex u1000SHIBUSDT | +0.0458% | 8h | 0.000006031 | +0.131% | $2.1M | $6.1M | 50x | as long as short |
| Hyperliquid kSHIB | +0.0597% | 1h | 0.000006034 | +0.180% | $4.4M | $4.0M | 10x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Phemex u1000SHIBUSDT
Hyperliquid kSHIB