SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.029%

Price spread now: Pacifica against GMX+1.183%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 1.183% dearer against GMX than usual: you sell high and buy low (spread +1.183% now, against zero (this spread has no 7-day history yet)): +$118 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SHIB/USD [ETH-USDC]	0.000006000	L +0.0213% / S −0.2404%	pay 0.0027% / 1h	30m 48s	$1K	—	100x
Short	Pacifica kSHIB	0.000006071	0.0100	get 0.0013% / 1h	30m 48s	$12K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. 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 GMXbpFee PacificabpOrdersPrice spread, now +1.183%Rate

Funding earned: −$23.83
Price spread: +1.183% → 0.000%: $118.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $74.51
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Pacifica: 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 GMX no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

GMX and Pacifica: 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
dYdX SHIB-USD	0.0000%	1h	0.000006069	+1.146%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006098	+1.633%	$226K	$2.2M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000006090	+1.498%	$741	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.667%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0064%	1h	0.000006086	+1.433%	$98K	$826K	50x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000006074	+1.233%	—	$2.1M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0079%	1h	0.000006090	+1.500%	$47K	$65K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006073	+1.217%	$241K	$466K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006068	+1.131%	$37K	$179K	50x	as long as short
Pacifica kSHIBshort	+0.0100%	1h	0.000006071	+1.183%	$12K	$4K	10x

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006072	+1.200%	$29.6M	$98.1M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006079	+1.317%	$9.3M	$34.6M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006061	+1.017%	$7.0M	$5.6M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006072	+1.200%	$31.3M	$16.8M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006070	+1.167%	$4.9M	$2.6M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006073	+1.217%	$11.5M	$13.8M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006087	+1.450%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006099	+1.650%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006092	+1.533%	$527	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006081	+1.350%	$416K	$597K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006079	+1.317%	$2.1M	$6.3M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006066	+1.108%	$54K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0118%	8h	0.000006078	+1.295%	$7K	—	20x	as long as short
Backpack kSHIB_USDC_PERP	+0.0211%	1h	0.000006075	+1.250%	$23K	$7K	15x	as long as short
GMX SHIB/USD [ETH-USDC]long	L +0.0213% / S −0.2404%	1h	0.000006000	long leg	$1K	—	100x
BloFin SHIB-USDT	+0.0220%	8h	0.000006081	+1.350%	$809K	$942K	50x	as long as short
Kraken Futures PF_SHIBUSD	+0.0258%	1h	0.000006092	+1.536%	$1.2M	$829K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006110	+1.826%	$1	—	20x	as long as short
Hyperliquid kSHIB	+0.0678%	1h	0.000006077	+1.283%	$4.4M	$4.0M	10x	as long as short