SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.001%

Price spread now: Paradex against SunX−0.298%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.298% cheaper against SunX than usual: you would sell low and buy high (spread −0.298% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 40 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	SunX SHIB-USDT	0.000005948	0.0100	pay 0.0100% / 8h	6h 40m	$2K	$24K	20x
Short	Paradex kSHIB-USD-PERP	0.000005930	0.0125	get 0.0125% / 8h	6h 40m	$7K	$13	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.298%Rate

Funding earned: $5.18
Price spread: −0.298% → 0.000%: −$29.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$36.6
Costs to cover: 0.120%
Break-even: 56.5 days

Slippage unknown: SunX: 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 SunX no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

SunX 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 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	0.000005925	−0.385%	$23K	$64K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000005931	−0.293%	$187K	$2.3M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S −0.0001%	1h	0.000005926	−0.367%	$720	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+1.547%	$248	$134K	5.5x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0072%	1h	0.000005938	−0.168%	$154K	$974K	50x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	0.000005927	−0.353%	—	$2.1M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0087%	1h	0.000005937	−0.185%	$45K	$65K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000005945	−0.050%	$161K	$608K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	0.000005923	−0.417%	$38K	$183K	50x	as long as short
Binance 1000SHIBUSDT	+0.0100%	8h	0.000005946	−0.039%	$29.1M	$101.6M	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	0.000005938	−0.168%	$8.9M	$35.2M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000005923	−0.420%	$6.8M	$5.7M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000005945	−0.050%	$30.6M	$17.4M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000005938	−0.168%	$4.9M	$2.7M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000005941	−0.118%	$11.2M	$14.3M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000005940	−0.134%	$23K	$7K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000005936	−0.202%	$6K	$4K	20x	as long as short
SunX SHIB-USDTlong	+0.0100%	8h	0.000005948	long leg	$2K	$24K	20x
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000005939	−0.151%	$523	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005940	−0.134%	$407K	$606K	75x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000005936	−0.196%	$53K	$4K	25x	as long as short
Paradex kSHIB-USD-PERPshort	+0.0125%	8h	0.000005930	−0.298%	$7K	$13	20x
Phemex u1000SHIBUSDT	+0.0129%	8h	0.000005950	+0.034%	$2.1M	$6.6M	50x	as long as short
Pacifica kSHIB	+0.0183%	1h	0.000005928	−0.336%	$12K	$4K	10x	as long as short
Hyperliquid kSHIB	+0.0205%	1h	0.000005923	−0.420%	$3.6M	$4.7M	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0213% / S −0.2404%	1h	0.000005000	−15.938%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006010	+1.042%	$871K	$935K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000005921	−0.452%	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0767%	1h	0.000005942	−0.102%	$1.1M	$851K	50x	as long as short