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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against Aster+0.056%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 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.056% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000061040.0100pay 0.0100% / 8h7h 14m$37K$179K50x
ShortParadex kSHIB-USD-PERP0.0000061070.0124get 0.0124% / 8h7h 14m$7K$1320x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$4.96
Price spread: +0.056% → 0.000%
$5.59
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.45
Costs to cover
0.120%
Break-even
9.1 days
Slippage unknown: Aster: live order book, 57 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 57 min ago5.00 bp11.1 bp −$11168.1 bp −$1,681doesn't fitdoesn't fit
Sell Paradex no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SHIB-USD0.0000%1h0.000006105+0.016%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006108+0.062%$208K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006107+0.049%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006108+0.072%$743150xas 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%1h0.000006110+0.098%$85K$870K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.0000061040.000%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006109+0.082%$241K$469K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006104long leg$37K$179K50x
Pacifica kSHIB+0.0100%1h0.000006106+0.033%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006106+0.033%$30.0M$98.8M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006108+0.066%$9.3M$35.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006103−0.016%$7.1M$5.7M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.0000061040.000%$31.6M$16.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006105+0.016%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006103−0.016%$11.5M$14.0M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006108+0.066%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006120+0.262%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006108+0.066%$528$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006106+0.033%$418K$599K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006109+0.082%$2.2M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006105+0.011%$54K$4K25xas long as short
Paradex kSHIB-USD-PERPshort+0.0124%8h0.000006107+0.056%$7K$1320x
Backpack kSHIB_USDC_PERP+0.0213%1h0.000006108+0.066%$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%8h0.000006108+0.066%$871K$943K50xas long as short
Kraken Futures PF_SHIBUSD+0.0257%1h0.000006110+0.094%$1.2M$827K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006111+0.112%$120xas long as short
Hyperliquid kSHIB+0.0728%1h0.000006115+0.180%$4.4M$4.0M10xas long as short