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

SHIB

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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 −0.001%
Price spread now: Orderly against Aster+0.020%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060480.0100pay 0.0100% / 8h7h 42m$37K$180K50x
ShortOrderly PERP_1000SHIB_USDC0.0000060490.0100get 0.0100% / 8h7h 42m$7K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.020% → 0.000%
$1.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.05
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 29 min ago; Orderly: 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, 29 min ago5.00 bp11.1 bp −$11168.1 bp −$1,681doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
dYdX SHIB-USD0.0000%1h0.000006046−0.030%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006035−0.209%$92K$2.0M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006045−0.048%$735150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.129%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006011−0.609%$76K$766K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006054+0.102%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0081%1h0.000006047−0.014%$46K$65K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006054+0.102%$200K$412K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006048long leg$37K$180K50x
Pacifica kSHIB+0.0100%1h0.000006053+0.086%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006055+0.115%$29.5M$97.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006056+0.135%$8.7M$33.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006052+0.069%$7.0M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006051+0.053%$31.3M$16.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006046−0.030%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006054+0.102%$11.6M$13.6M75xas long as short
Orderly PERP_1000SHIB_USDCshort+0.0100%8h0.000006049+0.020%$7K$4K20x
SunX SHIB-USDT+0.0100%8h0.000006049+0.020%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006045−0.047%$555$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006039−0.146%$413K$593K75xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006056+0.135%$54K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0107%8h0.000006061+0.215%$7K20xas long as short
Backpack kSHIB_USDC_PERP+0.0114%1h0.000006047−0.014%$25K$6K15xas long as short
Phemex u1000SHIBUSDT+0.0143%8h0.000006045−0.047%$2.1M$6.2M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.791%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006045−0.047%$809K$941K50xas long as short
Kraken Futures PF_SHIBUSD+0.0259%1h0.000006047−0.009%$1.1M$815K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006043−0.087%$120xas long as short
Hyperliquid kSHIB+0.0634%1h0.000006057+0.152%$4.4M$4.0M10xas long as short