SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Paradex+0.056%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.056% dearer against Paradex than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kSHIB-USD-PERP	0.000006072	0.0118	pay 0.0118% / 8h	4h 09m	$7K	$13	20x
Short	KuCoin SHIBUSDTM	0.000006075	0.0100	get 0.0100% / 8h	4h 09m	$4.8M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$3.79
Price spread: +0.056% → 0.000%: $5.65
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$14.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago	1.66 bp	17.0 bp −$17	52.9 bp −$529	doesn't fit	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	−0.0347%	1h	0.000006073	+0.030%	$1.1M	$937K	50x	as long as short
Coinbase International 1000SHIB-PERP-INTX	−0.0088%	1h	0.000006016	−0.915%	$125K	$1.1M	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000006068	−0.060%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006058	−0.224%	$193K	$2.3M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006072	+0.014%	$573	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−0.520%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDC	+0.0080%	8h	0.000006071	−0.009%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006067	−0.075%	$161K	$608K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006069	−0.046%	$41K	$321K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006070	−0.026%	$12K	$5K	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	0.000006078	+0.101%	$30.0M	$105.4M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006076	+0.073%	$9.5M	$37.3M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006071	−0.009%	$7.1M	$6.0M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006072	+0.007%	$30.5M	$17.9M	300x	as long as short
KuCoin SHIBUSDTMshort	+0.0100%	8h	0.000006075	+0.056%	$4.8M	$2.7M	75x
Bitget SHIBUSDT	+0.0100%	8h	0.000006073	+0.024%	$11.6M	$14.6M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006079	+0.122%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006084	+0.205%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006073	+0.024%	$481	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000006062	−0.158%	$414K	$556K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006063	−0.141%	$2.1M	$6.9M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006072	+0.008%	$54K	$4K	25x	as long as short
Paradex kSHIB-USD-PERPlong	+0.0118%	8h	0.000006072	long leg	$7K	$13	20x
Hyperliquid kSHIB	+0.0129%	1h	0.000006081	+0.155%	$3.6M	$4.8M	10x	as long as short
Backpack kSHIB_USDC_PERP	+0.0133%	1h	0.000006067	−0.075%	$23K	$7K	15x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000006000	−1.179%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006055	−0.273%	$894K	$898K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006075	+0.052%	$1	—	20x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0408%	1h	0.000006079	+0.122%	$47K	$58K	25x	as long as short