SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0323%/8h= −35.3% APRnext payment −$0.40 per $10,000 · paid last 24h +0.678%

Price spread now: dYdX against Reya+0.075%7-day average — · you sell dearer than you buy

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

Long on Reya Short on dYdX

What this pair did over the last

the charts below follow

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.075% dearer against Reya than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kSHIBRUSDPERP	0.000005949	0.0323	pay 0.0040% / 1h	24m 15s	$1	—	20x
Short	dYdX SHIB-USD	0.000005953	0	get 0.0000% / 1h	24m 15s	$23K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Reya. 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 ReyabpFee dYdXbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$67.75
Price spread: +0.075% → 0.000%: $7.51
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$76.24
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; dYdX: 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 Reya no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Reya and dYdX: 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	−0.0598%	1h	0.000005956	+0.127%	$1.1M	$1.0M	50x	as long as short
Coinbase International 1000SHIB-PERP-INTX	−0.0128%	1h	0.000005947	−0.026%	$116K	$1.6M	50x	as long as short
dYdX SHIB-USDshort	0.0000%	1h	0.000005953	+0.075%	$23K	$56K	10x
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005954	+0.085%	$109K	$3.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000005956	+0.126%	$46K	$65K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000005950	+0.031%	$562	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.538%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDC	+0.0070%	8h	0.000005954	+0.092%	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005958	+0.159%	$156K	$635K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005952	+0.062%	$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	0.000005954	+0.092%	$12K	$5K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005954	+0.100%	$30.0M	$123.7M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005953	+0.075%	$9.2M	$42.0M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005950	+0.025%	$7.0M	$7.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005956	+0.126%	$28.3M	$19.2M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005953	+0.075%	$4.6M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005955	+0.109%	$11.2M	$17.1M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005955	+0.109%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005956	+0.126%	$6K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005970	+0.361%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005956	+0.126%	$497	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005960	+0.193%	$407K	$568K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005955	+0.109%	$2.0M	$7.4M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000005957	+0.148%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005954	+0.093%	$53K	$4K	25x	as long as short
Hyperliquid kSHIB	+0.0162%	1h	0.000005960	+0.193%	$3.6M	$5.3M	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000005000	−15.946%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000005960	+0.193%	$893K	$916K	50x	as long as short
Reya kSHIBRUSDPERPlong	+0.0323%	1h	0.000005949	long leg	$1	—	20x