Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0094%/8hpaid last 24h +0.027%
Price spread now: Paradex against gTrade (Gains Network)−0.005%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SHIB/USD0.000005907L +0.0006% / S −0.0001%pay 0.0001% / 1h21m 21s$718150x
ShortParadex kSHIB-USD-PERP0.0000059060.0100get 0.0100% / 8h4h 21m$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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

Funding earned
$19.68
Price spread: −0.005% → 0.000%
−$0.52
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$5.16
Costs to cover
0.140%
Break-even
5.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Paradex no order-book sample
gTrade (Gains Network) and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXKSHIBPERP0.0000%8h0.000005909+0.034%$86K$1.5M2xas long as short
gTrade (Gains Network) SHIB/USDlongL +0.0006% / S −0.0001%1h0.000005907long leg$718150x
BingX 1000SHIB-USDT+0.0015%8h0.000005905−0.027%$2.1Mas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000005767−2.363%$236$36K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0088%1h0.000005916+0.159%$87K$838K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0089%1h0.000005908+0.024%$42K$64K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005905−0.027%$151K$288K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005909+0.038%$37K$160K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005906−0.010%$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005908+0.016%$28.9M$84.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005900−0.112%$7.7M$26.9M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005903−0.061%$6.7M$5.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005902−0.078%$32.7M$14.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005906−0.010%$4.8M$2.4M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005905−0.027%$11.4M$12.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005907+0.007%$27K$4K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005907+0.007%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005917+0.176%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005906−0.010%$565$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005900−0.112%$398K$636K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005910+0.058%$2.1M$5.1M50xas long as short
Paradex kSHIB-USD-PERPshort+0.0100%8h0.000005906−0.005%$7K20x
Extended 1000SHIB-USD+0.0104%1h0.000005903−0.058%$52K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0144%1h0.000005906−0.018%$1.1M$717K50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−15.349%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005900−0.112%$727K$1.0M50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005902−0.084%$120xas long as short
Hyperliquid kSHIB+0.0552%1h0.000005914+0.125%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.6897%1h0.000005907+0.007%$23K$66K10xas long as short