SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%

Price spread now: Paradex against MEXC−0.160%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.160% cheaper against MEXC than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 22 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SHIB_USDT	0.000005957	0.0100	pay 0.0100% / 8h	6h 39m	$30.6M	$17.4M	300x
Short	Paradex kSHIB-USD-PERP	0.000005947	0.0124	get 0.0124% / 8h	6h 39m	$7K	$13	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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 MEXCbpFee ParadexbpOrdersPrice spread, now −0.160%Rate

Funding earned: $5.06
Price spread: −0.160% → 0.000%: −$15.98
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.93
Costs to cover: 0.040%
Break-even: 27.7 days

Slippage unknown: MEXC: live order book, 5 min ago; 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 MEXC live order book, 5 min ago	0.83 bp	3.0 bp −$3	7.7 bp −$77	44.0 bp −$4,399	67.6 bp −$33.8K
Sell Paradex no order-book sample	—	—	—	—	—

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 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	0.000005949	−0.133%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005947	−0.175%	$187K	$2.3M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000005954	−0.054%	$724	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.393%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0072%	1h	0.000005944	−0.218%	$154K	$975K	50x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000005954	−0.050%	—	$2.1M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0086%	1h	0.000005956	−0.017%	$46K	$65K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005962	+0.084%	$161K	$609K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005948	−0.148%	$39K	$183K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005962	+0.082%	$29.2M	$101.7M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000005960	+0.050%	$9.0M	$35.4M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005956	−0.017%	$6.9M	$5.7M	75x	as long as short
MEXC SHIB_USDTlong	+0.0100%	8h	0.000005957	long leg	$30.6M	$17.4M	300x
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005954	−0.050%	$4.9M	$2.7M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005956	−0.017%	$11.2M	$14.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005958	+0.017%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005957	0.000%	$6K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000005970	+0.218%	$2K	$24K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005957	0.000%	$521	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005954	−0.050%	$408K	$606K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000005961	+0.067%	$2.1M	$6.6M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005954	−0.044%	$53K	$4K	25x	as long as short
Paradex kSHIB-USD-PERPshort	+0.0124%	8h	0.000005947	−0.160%	$7K	$13	20x
Hyperliquid kSHIB	+0.0182%	1h	0.000005963	+0.101%	$3.7M	$4.7M	10x	as long as short
Pacifica kSHIB	+0.0183%	1h	0.000005948	−0.151%	$12K	$4K	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000005000	−16.065%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006010	+0.890%	$871K	$935K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005956	−0.019%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0765%	1h	0.000005953	−0.071%	$1.1M	$861K	50x	as long as short