Funding you earn now, next payment 05:00 UTC+0.0201%/8h= +22.0% APRpaid last 24h +0.068%
Price spread now: Reya against Paradex+0.008%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—+ Points / potential airdropParadex: Active · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000006226 | 0.0122 | pay 0.0122% / 8h | 3h 43m | $7K | $13 | 20x |
| Short | Reya kSHIBRUSDPERP | 0.000006227 | 0.0323 | get 0.0040% / 1h | 43m 50s | $1 | — | 20x |
Paradex kSHIB-USD-PERP
Reya kSHIBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Paradex. 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
- $42.2
- Price spread: +0.008% → 0.000%
- $0.82
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $33.02
- Costs to cover
- 0.100%
- Break-even
- 1.5 days
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Paradex and 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000SHIB-PERP-INTX | −0.0168% | 1h | 0.000006217 | −0.152% | $123K | $1.3M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.0063% | 1h | 0.000006226 | −0.007% | $1.2M | $978K | 50x | as long as short |
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006215 | −0.186% | $24K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006227 | +0.007% | $273K | $2.7M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000006230 | +0.052% | $588 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −2.995% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006226 | −0.008% | — | $2.2M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006233 | +0.105% | $164K | $621K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006235 | +0.135% | $43K | $322K | 50x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006230 | +0.060% | $32.0M | $113.2M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kraken Futures PF_SHIBUSD
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
Binance 1000SHIBUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006219 | −0.120% | $10.1M | $40.3M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006228 | +0.024% | $7.4M | $6.3M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006231 | +0.073% | $31.5M | $18.6M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006231 | +0.073% | $4.9M | $3.0M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006232 | +0.089% | $11.9M | $15.4M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006232 | +0.089% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006244 | +0.281% | $3K | $25K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006232 | +0.089% | $511 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006226 | −0.008% | $429K | $574K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006230 | +0.057% | $2.1M | $7.1M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006229 | +0.045% | $55K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERPlong | +0.0122% | 8h | 0.000006226 | long leg | $7K | $13 | 20x | |
| Hyperliquid kSHIB | +0.0140% | 1h | 0.000006242 | +0.249% | $3.7M | $5.0M | 10x | as long as short |
| Pacifica kSHIB | +0.0188% | 1h | 0.000006214 | −0.200% | $12K | $5K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0214% / S −0.2404% | 1h | 0.000006000 | −3.637% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006230 | +0.057% | $892K | $926K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0232% | 1h | 0.000006233 | +0.105% | $48K | $58K | 25x | as long as short |
| Reya kSHIBRUSDPERPshort | +0.0323% | 1h | 0.000006227 | +0.008% | $1 | — | 20x | |
| Backpack kSHIB_USDC_PERP | +0.0329% | 1h | 0.000006237 | +0.169% | $24K | $7K | 15x | as long as short |
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Hyperliquid kSHIB
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Deribit 1000SHIB_USDC-PERPETUAL
Backpack kSHIB_USDC_PERP