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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.091%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−0.005%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: 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 0.091% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000SHIBUSDT0.0000060810.0100pay 0.0100% / 8h4h 02m$30.1M$105.8M75x
ShortExtended 1000SHIB-USD0.0000060760.0104get 0.0013% / 1h2m 41s$54K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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: −0.091% → 0.000%
−$9.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.24
Costs to cover
0.150%
Break-even
200.7 days
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago0.82 bp9.5 bp −$915.1 bp −$15160.4 bp −$6,045178.1 bp −$89.0K
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
Kraken Futures PF_SHIBUSD−0.0347%1h0.000006069−0.201%$1.1M$941K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000006040−0.679%$124K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006077−0.073%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006064−0.293%$193K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006071−0.175%$573150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.679%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006084+0.044%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006081−0.005%$161K$608K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006073−0.137%$41K$321K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006080−0.022%$12K$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDTlong+0.0100%8h0.000006081long leg$30.1M$105.8M75x
OKX SHIB-USDT-SWAP+0.0100%8h0.000006087+0.093%$9.6M$37.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006077−0.071%$7.1M$6.0M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006083+0.028%$30.4M$17.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006078−0.055%$4.8M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006085+0.061%$11.6M$14.6M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006073−0.137%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006083+0.028%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006073−0.137%$489$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006068−0.219%$414K$550K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006071−0.170%$2.1M$7.0M50xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000006076−0.091%$54K$4K25x
Paradex kSHIB-USD-PERP+0.0120%8h0.000006089+0.120%$7K$1320xas long as short
Backpack kSHIB_USDC_PERP+0.0128%1h0.000006076−0.087%$23K$7K15xas long as short
Hyperliquid kSHIB+0.0134%1h0.000006086+0.077%$3.6M$4.8M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.337%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006071−0.170%$896K$901K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006071−0.165%$120xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0409%1h0.000006075−0.104%$47K$58K25xas long as short