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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Aster+0.180%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.180%, 7d avg −0.046%
Together, before fees−0.333%+ Points / potential airdropAster: Stage 5 · farm board−$33 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: OKX is 0.226% dearer against Aster than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000061040.0100pay 0.0100% / 8h7h 15m$37K$179K50x
ShortOKX SHIB-USDT-SWAP0.0000061150.0100get 0.0100% / 8h7h 15m$9.3M$35.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.180% → −0.046%
$22.64
Slippage, 4 orders
−$24.74
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$20.1
Costs to cover
0.427%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; OKX: live order book, 3 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, 55 min ago5.00 bp11.1 bp −$11168.1 bp −$1,681doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.82 bp8.8 bp −$923.8 bp −$238doesn'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%1h0.000006107+0.050%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006099−0.090%$208K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006100−0.067%$742150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−1.048%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006095−0.147%$85K$882K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0078%1h0.0000061040.000%$47K$65K25xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006111+0.115%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006108+0.066%$241K$469K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006104long leg$37K$179K50x
Pacifica kSHIB+0.0100%1h0.000006110+0.098%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006114+0.160%$30.0M$98.9M75xas long as short
OKX SHIB-USDT-SWAPshort+0.0100%8h0.000006115+0.180%$9.3M$35.3M50x
Gate SHIB_USDT+0.0100%8h0.000006109+0.082%$7.1M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006112+0.131%$31.7M$16.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006110+0.098%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006114+0.164%$11.5M$14.0M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006102−0.033%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006112+0.131%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006106+0.033%$527$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006098−0.098%$418K$595K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006102−0.033%$2.2M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006109+0.077%$54K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0123%8h0.000006100−0.066%$7K$1320xas long as short
Backpack kSHIB_USDC_PERP+0.0209%1h0.0000061040.000%$23K$7K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.704%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006094−0.164%$872K$941K50xas long as short
Kraken Futures PF_SHIBUSD+0.0257%1h0.000006105+0.024%$1.2M$826K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006099−0.081%$120xas long as short
Hyperliquid kSHIB+0.0730%1h0.000006123+0.311%$4.4M$4.0M10xas long as short