SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: SoDEX against gTrade (Gains Network)−0.165%54s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on SoDEX

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

Funding pays, the price is against you. SoDEX is 0.165% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.165% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.9 days of funding at the current rate (+$3 a day). The two prices were read 54 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	gTrade (Gains Network) SHIB/USD	0.000006011	L +0.0006% / S 0.0000%	pay 0.0001% / 1h	34m 27s	$567	—	150x
Short	SoDEX 1000SHIB-USD	0.000006001	0.0100	get 0.0013% / 1h	34m 27s	$510	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.165%Rate

Funding earned: $19.68
Price spread: −0.165% → 0.000%: −$16.47
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.79
Costs to cover: 0.180%
Break-even: 12.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and SoDEX: 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-INTX	−0.0016%	1h	0.000006001	−0.165%	$117K	$1.5M	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006005	−0.106%	$119K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006000	−0.181%	$50K	$59K	25x	as long as short
gTrade (Gains Network) SHIB/USDlong	L +0.0006% / S 0.0000%	1h	0.000006011	long leg	$567	—	150x
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.484%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000006011	+0.002%	—	$2.3M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006002	−0.148%	$156K	$640K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006011	−0.003%	$41K	$305K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006000	−0.181%	$12K	$6K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006013	+0.038%	$30.5M	$127.5M	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	0.000006011	+0.002%	$9.2M	$43.3M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006010	−0.015%	$7.1M	$7.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006011	+0.002%	$29.0M	$20.1M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006010	−0.015%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006009	−0.032%	$11.3M	$17.1M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006004	−0.115%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006013	+0.035%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006010	−0.015%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USDshort	+0.0100%	1h	0.000006001	−0.165%	$510	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000006002	−0.148%	$409K	$576K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006002	−0.148%	$2.1M	$7.6M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0103%	8h	0.000006004	−0.121%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006009	−0.038%	$53K	$4K	25x	as long as short
Kraken Futures PF_SHIBUSD	+0.0200%	1h	0.000005998	−0.218%	$1.2M	$1.0M	50x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000005000	−16.818%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006001	−0.165%	$867K	$935K	50x	as long as short
Hyperliquid kSHIB	+0.0281%	1h	0.000006019	+0.135%	$3.6M	$5.5M	10x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006009	−0.026%	$1	—	20x	as long as short
dYdX SHIB-USD	+0.2001%	1h	0.000006001	−0.168%	$35K	$70K	10x	as long as short