Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.012%
Price spread now: SoDEX against Deribit+0.017%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—needs 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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006026 | 0 | get 0.0000% / 1h | 50m 35s | $46K | $65K | 25x |
| Short | SoDEX 1000SHIB-USD | 0.000006027 | 0.0100 | get 0.0013% / 1h | 50m 35s | $550 | $5K | 10x |
Deribit 1000SHIB_USDC-PERPETUAL
SoDEX 1000SHIB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Deribit. 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
- $21
- Price spread: +0.017% → 0.000%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $7.66
- Costs to cover
- 0.150%
- Break-even
- 4.4 days
Slippage unknown: Deribit: no order-book sample; SoDEX: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Deribit and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | 0.0000% | 1h | 0.000006026 | +0.001% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006020 | −0.106% | $94K | $2.0M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALlong | 0.0000% | 1h | 0.000006026 | long leg | $46K | $65K | 25x | |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006028 | +0.032% | $733 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.232% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006040 | +0.232% | $76K | $769K | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.0080% | 8h | 0.000006027 | +0.017% | — | $2.1M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006033 | +0.116% | $181K | $367K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006029 | +0.057% | $35K | $178K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006028 | +0.033% | $12K | $4K | 10x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIBShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006029 | +0.045% | $29.4M | $96.9M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006028 | +0.033% | $8.7M | $33.0M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006023 | −0.050% | $6.9M | $5.5M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006028 | +0.033% | $31.2M | $16.6M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006030 | +0.066% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006028 | +0.033% | $11.5M | $13.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006027 | +0.017% | $25K | $6K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006026 | 0.000% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006036 | +0.166% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USDshort | +0.0100% | 1h | 0.000006027 | +0.017% | $550 | $5K | 10x | |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006026 | 0.000% | $412K | $594K | 75x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0104% | 8h | 0.000006029 | +0.055% | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006024 | −0.038% | $54K | $4K | 25x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.431% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006031 | +0.083% | $799K | $942K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0260% | 1h | 0.000006027 | +0.022% | $1.1M | $816K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006024 | −0.032% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0612% | 1h | 0.000006033 | +0.116% | $4.4M | $4.0M | 10x | as long as short |
| Phemex u1000SHIBUSDT | +0.0822% | 8h | 0.000006021 | −0.083% | $2.1M | $6.1M | 50x | as long as short |
Binance 1000SHIBUSDT
OKX SHIB-USDT-SWAP
Gate SHIB_USDT
MEXC SHIB_USDT
KuCoin SHIBUSDTM
Bitget SHIBUSDT
Backpack kSHIB_USDC_PERP
Orderly PERP_1000SHIB_USDC
SunX SHIB-USDT
HTX SHIB-USDT
Paradex kSHIB-USD-PERP
Extended 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Hyperliquid kSHIB
Phemex u1000SHIBUSDT