SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.002%

Price spread now: Coinbase International against gTrade (Gains Network)+0.164%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Coinbase International

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 pays, funding is against you. Coinbase International is 0.164% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SHIB/USD	0.000005971	L +0.0006% / S 0.0000%	pay 0.0001% / 1h	27m 56s	$564	—	150x
Short	Coinbase International 1000SHIB-PERP-INTX	0.000005981	−0.0032	pay 0.0004% / 1h	27m 56s	$135K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$8.04
Price spread: +0.164% → 0.000%: $16.41
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.63
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 1 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 1 min ago	9.22 bp	14.2 bp −$14	20.1 bp −$201	doesn't fit	doesn't fit

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	−0.0294%	1h	0.000005969	−0.040%	$1.1M	$904K	50x	as long as short
Coinbase International 1000SHIB-PERP-INTXshort	−0.0032%	1h	0.000005981	+0.164%	$135K	$1.1M	50x
dYdX SHIB-USD	0.0000%	1h	0.000005973	+0.037%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005976	+0.079%	$192K	$2.3M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000005971	−0.003%	$46K	$61K	25x	as long as short
gTrade (Gains Network) SHIB/USDlong	L +0.0006% / S 0.0000%	1h	0.000005971	long leg	$564	—	150x
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.152%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000005971	−0.003%	—	$2.1M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005975	+0.064%	$160K	$614K	10x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000005977	+0.097%	$3.6M	$4.8M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005972	+0.014%	$41K	$318K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005972	+0.013%	$29.2M	$102.4M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005972	+0.013%	$9.2M	$35.9M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005967	−0.070%	$6.9M	$5.8M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005970	−0.020%	$29.5M	$17.4M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005970	−0.020%	$4.9M	$2.7M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005969	−0.037%	$11.2M	$14.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005973	+0.030%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005973	+0.030%	$6K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005984	+0.214%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005972	+0.013%	$499	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005971	−0.003%	$408K	$583K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005974	+0.047%	$2.1M	$6.7M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005968	−0.047%	$53K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0111%	8h	0.000005981	+0.165%	$7K	$13	20x	as long as short
Pacifica kSHIB	+0.0135%	1h	0.000005979	+0.131%	$12K	$4K	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000005000	−16.265%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000005974	+0.047%	$873K	$891K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005973	+0.035%	$1	—	20x	as long as short