Funding you earn now, next payment 04:00 UTC+0.0448%/8h= +49.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.025%
Price spread now: SoDEX against Kraken Futures+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and SoDEX is 0.042% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000006041 | −0.0348 | get 0.0044% / 1h | 5m 51s | $1.1M | $941K | 50x |
| Short | SoDEX 1000SHIB-USD | 0.000006044 | 0.0100 | get 0.0013% / 1h | 5m 51s | $481 | $5K | 10x |
Kraken Futures PF_SHIBUSD
SoDEX 1000SHIB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $94.17
- Price spread: +0.042% → 0.000%
- $4.24
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $80.41
- Costs to cover
- 0.180%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; 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 Kraken Futures live order book, 3 min ago | 4.13 bp | 18.2 bp −$18 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSDlong | −0.0348% | 1h | 0.000006041 | long leg | $1.1M | $941K | 50x | |
| Coinbase International 1000SHIB-PERP-INTX | −0.0088% | 1h | 0.000006040 | −0.024% | $124K | $1.1M | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006034 | −0.124% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006045 | +0.061% | $193K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006042 | +0.016% | $570 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.024% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006033 | −0.140% | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0081% | 1h | 0.000006047 | +0.092% | $46K | $58K | 25x | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006038 | −0.057% | $160K | $608K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006039 | −0.047% | $41K | $321K | 50x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDC
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIB
Aster 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kSHIB | +0.0100% | 1h | 0.000006043 | +0.026% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006039 | −0.039% | $29.9M | $105.6M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006043 | +0.026% | $9.5M | $37.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006036 | −0.090% | $7.0M | $6.0M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006038 | −0.057% | $30.3M | $17.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006041 | −0.007% | $4.7M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006038 | −0.057% | $11.6M | $14.6M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006047 | +0.092% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006054 | +0.208% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USDshort | +0.0100% | 1h | 0.000006044 | +0.042% | $481 | $5K | 10x | |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006043 | +0.026% | $412K | $554K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006052 | +0.175% | $2.1M | $6.9M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006038 | −0.052% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0118% | 8h | 0.000006042 | +0.003% | $7K | $13 | 20x | as long as short |
| Hyperliquid kSHIB | +0.0119% | 1h | 0.000006043 | +0.026% | $3.6M | $4.8M | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0125% | 1h | 0.000006044 | +0.042% | $23K | $7K | 15x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.686% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006053 | +0.191% | $889K | $898K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006042 | +0.010% | $1 | — | 20x | as long as short |
Pacifica kSHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Paradex kSHIB-USD-PERP
Hyperliquid kSHIB
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Reya kSHIBRUSDPERP