Funding you earn now, next payment 01:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.008%
Price spread now: BingX against gTrade (Gains Network)+0.054%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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.054% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 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 | gTrade (Gains Network) SHIB/USD | 0.000006077 | L +0.0006% / S −0.0001% | pay 0.0001% / 1h | 5m 14s | $739 | — | 150x |
| Short | BingX 1000SHIB-USDT | 0.000006080 | 0.0080 | get 0.0080% / 8h | 7h 05m | — | $2.1M | — |
gTrade (Gains Network) SHIB/USD
BingX 1000SHIB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against gTrade (Gains Network). 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
- $15.48
- Price spread: +0.054% → 0.000%
- $5.43
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $0.91
- Costs to cover
- 0.200%
- Break-even
- 6.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 13 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 1.64 bp | 9.1 bp −$9 | 19.0 bp −$190 | 60.7 bp −$6,066 | 136.7 bp −$68.3K |
gTrade (Gains Network): 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 | 0.000006080 | +0.054% | $23K | $64K | 10x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000006080 | +0.049% | $208K | $2.3M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000006078 | +0.021% | $47K | $65K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USDlong | L +0.0006% / S −0.0001% | 1h | 0.000006077 | long leg | $739 | — | 150x | |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | −0.604% | $248 | $134K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.0064% | 1h | 0.000006072 | −0.077% | $85K | $854K | 50x | as long as short |
| BingX 1000SHIB-USDTshort | +0.0080% | 8h | 0.000006080 | +0.054% | — | $2.1M | — | |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000006085 | +0.137% | $240K | $469K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000006081 | +0.070% | $37K | $179K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000006085 | +0.137% | $12K | $4K | 10x | as long as short |
dYdX SHIB-USD
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
Injective SHIB/USDC PERP
Coinbase International 1000SHIB-PERP-INTX
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 | 0.000006080 | +0.056% | $29.9M | $98.9M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.0100% | 8h | 0.000006079 | +0.038% | $9.3M | $35.1M | 50x | as long as short |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000006075 | −0.028% | $7.0M | $5.7M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000006078 | +0.021% | $31.6M | $17.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000006079 | +0.038% | $4.9M | $2.6M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000006078 | +0.021% | $11.4M | $13.9M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000006080 | +0.054% | $7K | $4K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006088 | +0.186% | $2K | $24K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000006080 | +0.054% | $530 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000006079 | +0.038% | $418K | $598K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006080 | +0.054% | $2.2M | $6.3M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000006077 | +0.005% | $54K | $4K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.0126% | 8h | 0.000006082 | +0.091% | $7K | $13 | 20x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0190% | 1h | 0.000006079 | +0.038% | $23K | $7K | 15x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0213% / S −0.2404% | 1h | 0.000006000 | −1.262% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000006080 | +0.054% | $865K | $936K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0258% | 1h | 0.000006080 | +0.047% | $1.2M | $826K | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000006078 | +0.023% | $1 | — | 20x | as long as short |
| Hyperliquid kSHIB | +0.0731% | 1h | 0.000006090 | +0.219% | $4.4M | $4.0M | 10x | as long as short |
Binance 1000SHIBUSDT
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
Paradex kSHIB-USD-PERP
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERP
Hyperliquid kSHIB