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+0.0030%/8h= +3.3% APRpaid last 24h +0.009%
Price spread now: Pacifica against BingX0.000%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000SHIB-USDC0.0000060110.0070pay 0.0070% / 8h59m 04s$1.7M
ShortPacifica kSHIB0.0000060110.0100get 0.0013% / 1h59m 04s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BingX. 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
$6.3
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$11.7
Costs to cover
0.180%
Break-even
20.0 days
Slippage unknown: BingX: live order book, 3 min ago; Pacifica: 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 BingX live order book, 3 min ago3.33 bp15.6 bp −$1634.0 bp −$340228.1 bp −$22.8K959.0 bp −$479.5K
Sell Pacifica no order-book sample
Pacifica: 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
Coinbase International 1000SHIB-PERP-INTX−0.0016%1h0.000006016+0.083%$117K$1.6M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006010−0.019%$23K$56K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.0000060110.000%$106K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006010−0.010%$567150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.482%$248$134K5.5xas long as short
BingX 1000SHIB-USDClong+0.0070%8h0.000006011long leg$1.7M
Deribit 1000SHIB_USDC-PERPETUAL+0.0083%1h0.000006017+0.100%$47K$62K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006018+0.116%$157K$640K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006011−0.007%$41K$336K50xas long as short
Pacifica kSHIBshort+0.0100%1h0.0000060110.000%$12K$5K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006012+0.017%$30.1M$127.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006007−0.067%$9.2M$43.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006007−0.067%$7.0M$7.2M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006010−0.017%$28.0M$19.6M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.0000060110.000%$4.6M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000060110.000%$11.3M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006012+0.017%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006016+0.083%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006021+0.166%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006014+0.050%$505$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.0000060110.000%$410K$575K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.0000060110.000%$2.1M$7.7M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006010−0.011%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0105%8h0.000006015+0.068%$7K$1320xas long as short
Kraken Futures PF_SHIBUSD+0.0200%1h0.000006008−0.044%$1.1M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.183%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006013+0.033%$861K$935K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006009−0.029%$120xas long as short
Hyperliquid kSHIB+0.0387%1h0.000006018+0.116%$3.6M$5.4M10xas long as short