Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h +0.067%
Price spread now: Reya against MEXC−0.007%7-day average — · you buy dearer than you sell
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000006010 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $31.1M | $16.7M | 300x |
| Short | Reya kSHIBRUSDPERP | 0.000006010 | 0.0323 | get 0.0040% / 1h | 47m 26s | $1 | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against MEXC. 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
- $46.75
- Price spread: −0.007% → 0.000%
- −$0.69
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $40.05
- Costs to cover
- 0.060%
- Break-even
- 1.0 days
Slippage unknown: MEXC: live order book, 1 min ago; Reya: 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 MEXC live order book, 1 min ago | 0.83 bp | 3.6 bp −$4 | 10.1 bp −$101 | 52.2 bp −$5,222 | 80.5 bp −$40.3K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.000006008 | −0.033% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006017 | +0.121% | $94K | $2.0M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006010 | 0.000% | $46K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006011 | +0.023% | $731 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.499% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006016 | +0.100% | $76K | $767K | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006010 | 0.000% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006014 | +0.067% | $186K | $389K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006006 | −0.069% | $35K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006011 | +0.017% | $12K | $4K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006015 | +0.082% | $29.3M | $97.2M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006012 | +0.033% | $8.6M | $33.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006007 | −0.050% | $6.9M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDTlong | +0.0100% | 8h | 0.000006010 | long leg | $31.1M | $16.7M | 300x | |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006010 | 0.000% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006010 | 0.000% | $11.5M | $13.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006012 | +0.033% | $25K | $6K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006011 | +0.017% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006018 | +0.133% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006008 | −0.033% | $553 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006010 | 0.000% | $411K | $594K | 75x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0104% | 8h | 0.000006010 | +0.005% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006009 | −0.012% | $54K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.166% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006022 | +0.200% | $798K | $940K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0261% | 1h | 0.000006008 | −0.034% | $1.1M | $813K | 50x | as long as short |
| Phemex u1000SHIBUSDT | +0.0298% | 8h | 0.000006010 | 0.000% | $2.1M | $6.2M | 50x | as long as short |
| Reya kSHIBRUSDPERPshort | +0.0323% | 1h | 0.000006010 | −0.007% | $1 | — | 20x | |
| Hyperliquid kSHIB | +0.0587% | 1h | 0.000006019 | +0.150% | $4.4M | $4.0M | 10x | as long as short |
MEXC SHIB_USDT
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Phemex u1000SHIBUSDT
Hyperliquid kSHIB