SHIB

Alert

Funding spread now, next payment 00:00 UTC+0.0356%/8h

next payment, per $10,000+$3.56paid, last 24h+0.012%paid, last 3 days−0.019%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.019% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SHIB_USDT	0.000006027	−0.0260	get 0.0260% / 8h	7h 47m	$6.8M	$4.9M	75x
Short	Paradex kSHIB-USD-PERP	0.000006016	0.0096	get 0.0096% / 8h	7h 47m	$7K	—	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee ParadexbpOrdersRate

Funding earned: $74.73
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: $55.73
Break-even: 1.8 days

Slippage unknown: Gate: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.185%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Gate live order book, 2 min ago	2.50 bp	14.4 bp −$14	36.4 bp −$364	doesn't fit	doesn't fit
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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_SHIBUSD	−0.0321%	1h	$1.1M	$767K	50x	as long as short
Gate SHIB_USDTlong	−0.0260%	8h	$6.8M	$4.9M	75x
Coinbase International 1000SHIB-PERP-INTX	−0.0072%	1h	$98K	$871K	50x	as long as short
BingX 1000SHIB-USDT	−0.0021%	8h	—	$2.2M	—	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	$92K	$1.5M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0006%	1h	$15K	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	$236	$90K	5.5x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0082%	1h	$38K	$59K	25x	as long as short
Paradex kSHIB-USD-PERPshort	+0.0096%	8h	$7K	—	20x
Lighter 1000SHIB	+0.0096%	1h	$156K	$299K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster 1000SHIBUSDT	+0.0100%	8h	$40K	$180K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	$11K	$4K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	$29.5M	$77.2M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	$8.0M	$26.0M	50x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	$31.6M	$13.3M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	$4.9M	$2.4M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	$11.6M	$11.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	$27K	$4K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	$6K	$1K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	$2K	$22K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	$553	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	$404K	$816K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	$2.1M	$4.5M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	$54K	$6K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0214% / S −0.2404%	1h	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	$766K	$897K	50x	as long as short
Hyperliquid kSHIB	+0.0284%	1h	$3.7M	$2.9M	10x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	$1	—	20x	as long as short
dYdX SHIB-USD	+0.2564%	1h	$23K	$66K	10x	as long as short