Funding you earn now, next payment 02:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h −0.828%
Price spread now: Paradex against dYdX+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Paradex is 0.020% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000006019 | 0 | get 0.0000% / 1h | 17m 51s | $23K | $64K | 10x |
| Short | Paradex kSHIB-USD-PERP | 0.000006020 | 0.0117 | get 0.0117% / 8h | 6h 17m | $7K | $13 | 20x |
dYdX SHIB-USD
Paradex kSHIB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against dYdX. 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
- $24.57
- Price spread: +0.020% → 0.000%
- $2.03
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $12.6
- Costs to cover
- 0.140%
- Break-even
- 3.4 days
Slippage unknown: dYdX: no order-book sample; Paradex: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
dYdX and 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 28 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-USDlong | 0.0000% | 1h | 0.000006019 | long leg | $23K | $64K | 10x | |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006021 | +0.041% | $192K | $2.3M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S −0.0001% | 1h | 0.000006017 | −0.025% | $732 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.350% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0072% | 1h | 0.000006027 | +0.134% | $136K | $1.1M | 50x | as long as short |
| BingX 1000SHIB-USDC | +0.0080% | 8h | 0.000006001 | −0.298% | — | $1.6M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006019 | +0.001% | $163K | $610K | 10x | as long as short |
| Hyperliquid kSHIB | +0.0100% | 1h | 0.000006008 | −0.181% | $3.6M | $4.7M | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006016 | −0.054% | $40K | $246K | 50x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000006007 | −0.205% | $29.4M | $102.0M | 75x | as long as short |
Kalshi KXKSHIBPERP
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
BingX 1000SHIB-USDC
Lighter 1000SHIB
Hyperliquid kSHIB
Aster 1000SHIBUSDT
Binance 1000SHIBUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006007 | −0.198% | $9.3M | $36.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005999 | −0.331% | $6.9M | $5.7M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006007 | −0.198% | $30.3M | $17.5M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006005 | −0.231% | $4.9M | $2.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006003 | −0.264% | $11.3M | $14.2M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000006011 | −0.132% | $23K | $7K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006018 | −0.015% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006019 | +0.001% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006017 | −0.032% | $516 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006010 | −0.148% | $411K | $595K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006011 | −0.132% | $2.1M | $6.6M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006001 | −0.291% | $53K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERPshort | +0.0117% | 8h | 0.000006020 | +0.020% | $7K | $13 | 20x | |
| Pacifica kSHIB | +0.0183% | 1h | 0.000006023 | +0.068% | $12K | $4K | 10x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −0.314% | $1K | — | 100x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006014 | −0.084% | $1 | — | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.0415% | 1h | 0.000006021 | +0.035% | $46K | $64K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0757% | 1h | 0.000006013 | −0.093% | $1.1M | $872K | 50x | as long as short |
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
SoDEX 1000SHIB-USD
HTX SHIB-USDT
Phemex u1000SHIBUSDT
Extended 1000SHIB-USD
Pacifica kSHIB
GMX SHIB/USD [ETH-USDC]
Reya kSHIBRUSDPERP
Deribit 1000SHIB_USDC-PERPETUAL
Kraken Futures PF_SHIBUSD