SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.034%

Price spread now: Coinbase International against SoDEX+0.931%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Coinbase International

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—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.931% dearer against SoDEX than usual: you sell high and buy low (spread +0.931% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000SHIB-USD	0.000006012	0.0100	pay 0.0013% / 1h	46m 30s	$523	$5K	10x
Short	Coinbase International 1000SHIB-PERP-INTX	0.000006068	−0.0056	pay 0.0007% / 1h	46m 30s	$131K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.931%Rate

Funding earned: −$32.76
Price spread: +0.931% → 0.000%: $93.15
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $42.39
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 5 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 SoDEX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 5 min ago	9.98 bp	15.0 bp −$15	21.9 bp −$219	doesn't fit	doesn't fit

SoDEX: 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 exchanges

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-INTXshort	−0.0056%	1h	0.000006068	+0.931%	$131K	$1.7M	50x
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006014	+0.028%	$77K	$3.5M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	0.000006011	−0.017%	$45K	$46K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006010	−0.033%	$567	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.466%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDC	+0.0070%	8h	0.000006014	+0.033%	—	$1.7M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006019	+0.116%	$155K	$606K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006012	+0.007%	$40K	$272K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	0.000006017	+0.083%	$12K	$5K	10x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006017	+0.090%	$31.2M	$128.4M	75x	as long as short

Show all 29 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006017	+0.083%	$9.6M	$45.9M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006012	0.000%	$7.1M	$6.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006017	+0.083%	$27.7M	$19.0M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006013	+0.017%	$4.7M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006013	+0.017%	$11.3M	$17.5M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006016	+0.067%	$23K	$9K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006011	−0.017%	$7K	$2K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006022	+0.166%	$2K	$25K	20x	as long as short
SoDEX 1000SHIB-USDlong	+0.0100%	1h	0.000006012	long leg	$523	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000006015	+0.050%	$413K	$482K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006015	+0.050%	$2.1M	$7.7M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0102%	8h	0.000006017	+0.082%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006012	−0.004%	$54K	$4K	25x	as long as short
Hyperliquid kSHIB	+0.0162%	1h	0.000006023	+0.183%	$3.6M	$5.2M	10x	as long as short
Kraken Futures PF_SHIBUSD	+0.0203%	1h	0.000006010	−0.028%	$1.2M	$1.0M	50x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000006000	−0.200%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006013	+0.017%	$927K	$899K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006014	+0.029%	$1	—	20x	as long as short
dYdX SHIB-USD	+0.8215%	1h	0.000006015	+0.042%	$32K	$65K	10x	as long as short