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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster+0.206%53s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.239%−$24 · spread now +0.206%, 7d avg −0.047%
Together, before fees−0.200%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.253% dearer against Aster than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060550.0100pay 0.0100% / 8h1h 10m$35K$175K50x
ShortHTX SHIB-USDT0.0000060670.0100get 0.0100% / 8h1h 10m$414K$618K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
Price spread: +0.206% → −0.047%
$25.29
Slippage, 4 orders
−$55.17
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.88
Costs to cover
0.752%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; HTX: live order book, 8 min ago.

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, 6 min ago4.11 bp11.5 bp −$1199.5 bp −$995doesn't fitdoesn't fit
Sell HTX live order book, 8 min ago3.29 bp16.6 bp −$1796.6 bp −$966doesn't fitdoesn't fit

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
dYdX SHIB-USD0.0000%1h0.000006059+0.077%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006070+0.259%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006068+0.223%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006058+0.056%$737150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006070+0.256%$80K$786K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006056+0.024%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006063+0.140%$153K$290K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006055long leg$35K$175K50x
Pacifica kSHIB+0.0100%1h0.000006063+0.140%$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006054−0.003%$29.7M$93.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006055+0.008%$8.7M$31.9M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006055+0.008%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006053−0.025%$30.6M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006053−0.025%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006055+0.008%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006065+0.173%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006064+0.157%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006078+0.388%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006066+0.190%$540$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000006067+0.206%$414K$618K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000006060+0.091%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006055+0.016%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006053−0.021%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.240%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.900%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006064+0.157%$816K$948K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006053−0.026%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006066+0.189%$1.2M$799K50xas long as short
Hyperliquid kSHIB+0.0789%1h0.000006066+0.190%$4.4M$4.0M10xas long as short