SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.2420%/8h= +264.9% APRnext payment +$3.02 per $10,000 · paid last 24h +0.693%

Price spread now: GMX against Coinbase International−0.017%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$73 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International 1000SHIB-PERP-INTX	0.000006001	−0.0016	get 0.0002% / 1h	37m 10s	$117K	$1.5M	50x
Short	GMX SHIB/USD [ETH-USDC]	0.000006000	L +0.0212% / S −0.2404%	get 0.0300% / 1h	37m 10s	$1K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $508.1
Price spread: −0.017% → 0.000%: −$1.67
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $484.44
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: Coinbase International: live order book, 1 min ago; 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 Coinbase International live order book, 1 min ago	8.32 bp	14.9 bp −$15	20.3 bp −$203	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 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-INTXlong	−0.0016%	1h	0.000006001	long leg	$117K	$1.5M	50x
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006008	+0.108%	$119K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006005	+0.067%	$50K	$59K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006003	+0.037%	$566	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.650%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDC	+0.0070%	8h	0.000006006	+0.083%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006004	+0.050%	$156K	$640K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006011	+0.163%	$41K	$315K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006011	+0.167%	$12K	$6K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006009	+0.130%	$30.3M	$127.6M	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	0.000006005	+0.067%	$9.2M	$43.3M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006003	+0.033%	$7.1M	$7.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005999	−0.033%	$28.8M	$20.1M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006006	+0.083%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006007	+0.100%	$11.3M	$17.1M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006006	+0.083%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006006	+0.083%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006018	+0.283%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006004	+0.050%	$515	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006003	+0.033%	$409K	$576K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006000	−0.017%	$2.1M	$7.6M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0103%	8h	0.000006019	+0.304%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006002	+0.011%	$53K	$4K	25x	as long as short
Kraken Futures PF_SHIBUSD	+0.0200%	1h	0.000005995	−0.098%	$1.1M	$1.0M	50x	as long as short
GMX SHIB/USD [ETH-USDC]short	L +0.0212% / S −0.2404%	1h	0.000006000	−0.017%	$1K	—	100x
BloFin SHIB-USDT	+0.0220%	8h	0.000005999	−0.033%	$862K	$934K	50x	as long as short
Hyperliquid kSHIB	+0.0274%	1h	0.000006008	+0.117%	$3.6M	$5.5M	10x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006005	+0.066%	$1	—	20x	as long as short
dYdX SHIB-USD	+0.2273%	1h	0.000006009	+0.130%	$36K	$70K	10x	as long as short