SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0119%/8h= +13.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.037%

Price spread now: BloFin against Paradex−0.109%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.109% cheaper against Paradex than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kSHIB-USD-PERP	0.000005991	0.0101	pay 0.0101% / 8h	2h 46m	$7K	$13	20x
Short	BloFin SHIB-USDT	0.000005984	0.0220	get 0.0220% / 8h	2h 46m	$908K	$916K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now −0.109%Rate

Funding earned: $25.07
Price spread: −0.109% → 0.000%: −$10.92
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.85
Costs to cover: 0.160%
Break-even: 7.5 days

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 45 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell BloFin live order book, 45 min ago	0.81 bp	13.1 bp −$13	23.3 bp −$233	78.8 bp −$7,880	doesn't fit

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: 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_SHIBUSD	−0.0595%	1h	0.000005986	−0.076%	$1.1M	$1.0M	50x	as long as short
Coinbase International 1000SHIB-PERP-INTX	−0.0128%	1h	0.000006001	+0.175%	$117K	$1.5M	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000005987	−0.060%	$23K	$56K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005990	−0.004%	$111K	$3.2M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000005988	−0.047%	$565	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.826%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0070%	8h	0.000005989	−0.026%	—	$2.3M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0084%	1h	0.000005989	−0.026%	$46K	$65K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005994	+0.058%	$158K	$630K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005991	+0.012%	$41K	$336K	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica kSHIB	+0.0100%	1h	0.000005992	+0.024%	$12K	$5K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005993	+0.042%	$30.3M	$122.1M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005989	−0.026%	$9.5M	$41.4M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005988	−0.042%	$7.1M	$7.1M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005989	−0.026%	$28.7M	$19.1M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005988	−0.042%	$4.6M	$3.1M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005990	−0.009%	$11.3M	$16.9M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005988	−0.042%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005989	−0.026%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006000	+0.158%	$2K	$26K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005989	−0.026%	$500	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005992	+0.024%	$408K	$581K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005990	−0.009%	$2.1M	$7.3M	50x	as long as short
Paradex kSHIB-USD-PERPlong	+0.0101%	8h	0.000005991	long leg	$7K	$13	20x
Extended 1000SHIB-USD	+0.0104%	1h	0.000005988	−0.048%	$53K	$4K	25x	as long as short
Hyperliquid kSHIB	+0.0142%	1h	0.000005996	+0.091%	$3.6M	$5.3M	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000005000	−16.535%	$1K	—	100x	as long as short
BloFin SHIB-USDTshort	+0.0220%	8h	0.000005984	−0.109%	$908K	$916K	50x
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005988	−0.050%	$1	—	20x	as long as short