Settings8H · net · $10k
Funding arb · Price arb /

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster−0.171%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.171% cheaper against Aster than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000059440.0100pay 0.0100% / 8h2h 39m$35K$179K50x
ShortExtended 1000SHIB-USD0.0000059340.0104get 0.0013% / 1h39m 46s$53K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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

Funding earned
$0.84
Price spread: −0.171% → 0.000%
−$17.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$29.3
Costs to cover
0.130%
Break-even
251.2 days
Slippage unknown: Aster: live order book, 46 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 46 min ago3.35 bp11.6 bp −$12190.1 bp −$1,901doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXKSHIBPERP0.0000%8h0.000005936−0.139%$50K$1.6M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005939−0.089%$42K$61K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000005936−0.131%$722150xas long as short
BingX 1000SHIB-USDT+0.0007%8h0.000005932−0.206%$2.1Mas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h0.000005933−0.190%$89K$753K50xas long as short
Kraken Futures PF_SHIBUSD+0.0056%1h0.000005939−0.086%$1.1M$763K50xas long as short
Lighter 1000SHIB+0.0096%1h0.000005941−0.055%$151K$285K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000005944long leg$35K$179K50x
Pacifica kSHIB+0.0100%1h0.000005935−0.156%$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005935−0.161%$28.9M$88.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005928−0.274%$7.5M$27.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005931−0.223%$6.7M$5.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005933−0.190%$31.8M$15.6M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005939−0.089%$4.9M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005932−0.206%$11.6M$12.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005942−0.038%$25K$5K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005941−0.055%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005947+0.046%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005936−0.139%$543$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005938−0.105%$400K$622K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005935−0.156%$2.1M$5.3M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h0.000005937−0.121%$7K20xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000005934−0.171%$53K$4K25x
Injective SHIB/USDC PERP+0.0187%1h0.000005964+0.332%$245$67K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−15.885%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005936−0.139%$717K$983K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005938−0.099%$120xas long as short
Hyperliquid kSHIB+0.0605%1h0.000005942−0.038%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.9402%1h0.000005932−0.207%$23K$64K10xas long as short