Funding you earn now, next payment 16:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Paradex−0.019%7-day average — · you buy dearer than you sell
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
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005997 | 0.0102 | pay 0.0102% / 8h | 5h 04m | $7K | $13 | 20x |
| Short | OKX SHIB-USDT-SWAP | 0.000005996 | 0.0100 | get 0.0100% / 8h | 5h 04m | $9.5M | $45.7M | 50x |
Paradex kSHIB-USD-PERP
OKX SHIB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Paradex. 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
- −$0.38
- Price spread: −0.019% → 0.000%
- −$1.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$16.24
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 2 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 Paradex no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 0.83 bp | 8.6 bp −$9 | 20.1 bp −$201 | doesn't fit | doesn't fit |
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 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-INTX | −0.0056% | 1h | 0.000006005 | +0.131% | $130K | $1.7M | 50x | as long as short |
| Kalshi KXKSHIBPERP | 0.0000% | 8h | 0.000005992 | −0.077% | $81K | $3.5M | 2x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.0000% | 1h | 0.000005996 | −0.019% | $48K | $46K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | L +0.0006% / S 0.0000% | 1h | 0.000005993 | −0.067% | $566 | — | 150x | as long as short |
| Injective SHIB/USDC PERP | +0.0033% | 1h | 0.000006040 | +0.715% | $248 | $134K | 5.5x | as long as short |
| BingX 1000SHIB-USDT | +0.0067% | 8h | 0.000005997 | −0.002% | — | $2.2M | — | as long as short |
| Lighter 1000SHIB | +0.0096% | 1h | 0.000005999 | +0.031% | $167K | $629K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.0100% | 8h | 0.000005996 | −0.011% | $44K | $283K | 50x | as long as short |
| Pacifica kSHIB | +0.0100% | 1h | 0.000005998 | +0.015% | $12K | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.0100% | 8h | 0.000005997 | +0.006% | $31.0M | $128.8M | 75x | as long as short |
Coinbase International 1000SHIB-PERP-INTX
Kalshi KXKSHIBPERP
Deribit 1000SHIB_USDC-PERPETUAL
gTrade (Gains Network) SHIB/USD
Injective SHIB/USDC PERP
BingX 1000SHIB-USDT
Lighter 1000SHIB
Aster 1000SHIBUSDT
Pacifica kSHIB
Binance 1000SHIBUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAPshort | +0.0100% | 8h | 0.000005996 | −0.019% | $9.5M | $45.7M | 50x | |
| Gate SHIB_USDT | +0.0100% | 8h | 0.000005995 | −0.035% | $7.0M | $6.8M | 75x | as long as short |
| MEXC SHIB_USDT | +0.0100% | 8h | 0.000005993 | −0.069% | $27.4M | $19.1M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.0100% | 8h | 0.000005995 | −0.035% | $4.7M | $3.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.0100% | 8h | 0.000005998 | +0.015% | $11.4M | $17.5M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.0100% | 1h | 0.000005997 | −0.002% | $23K | $9K | 15x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.0100% | 8h | 0.000005996 | −0.019% | $7K | $2K | 20x | as long as short |
| SunX SHIB-USDT | +0.0100% | 8h | 0.000006004 | +0.115% | $2K | $25K | 20x | as long as short |
| SoDEX 1000SHIB-USD | +0.0100% | 1h | 0.000005994 | −0.052% | $515 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.0100% | 8h | 0.000005994 | −0.052% | $411K | $483K | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.0100% | 8h | 0.000006000 | +0.048% | $2.1M | $7.7M | 50x | as long as short |
| Paradex kSHIB-USD-PERPlong | +0.0102% | 8h | 0.000005997 | long leg | $7K | $13 | 20x | |
| Extended 1000SHIB-USD | +0.0104% | 1h | 0.000005996 | −0.022% | $53K | $4K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.0203% | 1h | 0.000005992 | −0.078% | $1.1M | $1.0M | 50x | as long as short |
| GMX SHIB/USD [ETH-USDC] | L +0.0212% / S −0.2404% | 1h | 0.000005000 | −16.627% | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | +0.0220% | 8h | 0.000005995 | −0.035% | $910K | $883K | 50x | as long as short |
| Hyperliquid kSHIB | +0.0239% | 1h | 0.000006004 | +0.115% | $3.6M | $5.2M | 10x | as long as short |
| Reya kSHIBRUSDPERP | +0.0323% | 1h | 0.000005992 | −0.087% | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | +0.7896% | 1h | 0.000005990 | −0.111% | $32K | $52K | 10x | as long as short |
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
Kraken Futures PF_SHIBUSD
GMX SHIB/USD [ETH-USDC]
BloFin SHIB-USDT
Hyperliquid kSHIB
Reya kSHIBRUSDPERP
dYdX SHIB-USD