SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0223%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.067%

Price spread now: SoDEX against Reya+0.080%7-day average — · you sell dearer than you buy

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

Long on Reya Short on SoDEX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. SoDEX is 0.080% dearer against Reya than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kSHIBRUSDPERP	0.000006227	0.0323	pay 0.0040% / 1h	43m 50s	$1	—	20x
Short	SoDEX 1000SHIB-USD	0.000006232	0.0100	get 0.0013% / 1h	43m 50s	$511	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Reya. 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 ReyabpFee SoDEXbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$46.75
Price spread: +0.080% → 0.000%: $8.05
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$52.7
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: 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 Reya no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Reya 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
Coinbase International 1000SHIB-PERP-INTX	−0.0168%	1h	0.000006217	−0.160%	$123K	$1.3M	50x	as long as short
Kraken Futures PF_SHIBUSD	−0.0063%	1h	0.000006226	−0.016%	$1.2M	$978K	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000006215	−0.194%	$24K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006227	−0.001%	$273K	$2.7M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006230	+0.044%	$588	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	−3.003%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000006226	−0.016%	—	$2.2M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006233	+0.097%	$164K	$621K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006235	+0.127%	$43K	$322K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006230	+0.052%	$32.0M	$113.2M	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	0.000006219	−0.128%	$10.1M	$40.3M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006228	+0.016%	$7.4M	$6.3M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006231	+0.064%	$31.5M	$18.6M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006231	+0.064%	$4.9M	$3.0M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006232	+0.080%	$11.9M	$15.4M	75x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006232	+0.080%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006244	+0.273%	$3K	$25K	20x	as long as short
SoDEX 1000SHIB-USDshort	+0.0100%	1h	0.000006232	+0.080%	$511	$5K	10x
HTX SHIB-USDT	+0.0100%	8h	0.000006226	−0.016%	$429K	$574K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006230	+0.048%	$2.1M	$7.1M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006229	+0.037%	$55K	$4K	25x	as long as short
Paradex kSHIB-USD-PERP	+0.0122%	8h	0.000006226	−0.008%	$7K	$13	20x	as long as short
Hyperliquid kSHIB	+0.0140%	1h	0.000006242	+0.241%	$3.7M	$5.0M	10x	as long as short
Pacifica kSHIB	+0.0188%	1h	0.000006214	−0.209%	$12K	$5K	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0214% / S −0.2404%	1h	0.000006000	−3.645%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006230	+0.048%	$892K	$926K	50x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0232%	1h	0.000006233	+0.097%	$48K	$58K	25x	as long as short
Reya kSHIBRUSDPERPlong	+0.0323%	1h	0.000006227	long leg	$1	—	20x
Backpack kSHIB_USDC_PERP	+0.0329%	1h	0.000006237	+0.161%	$24K	$7K	15x	as long as short