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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against Deribit+0.017%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: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit 1000SHIB_USDC-PERPETUAL0.0000059730.0085pay 0.0011% / 1h40m 05s$50K$59K25x
ShortPacifica kSHIB0.0000059740.0100get 0.0013% / 1h40m 05s$12K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. 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
$3.16
Price spread: +0.017% → 0.000%
$1.67
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$10.17
Costs to cover
0.150%
Break-even
29.5 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell Pacifica no order-book sample
Deribit and 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−0.0024%1h0.000005980+0.117%$129K$1.7M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005975+0.037%$144K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005970−0.044%$564150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.122%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005976+0.050%$1.6Mas long as short
Deribit 1000SHIB_USDC-PERPETUALlong+0.0085%1h0.000005973long leg$50K$59K25x
Lighter 1000SHIB+0.0096%1h0.000005977+0.067%$156K$642K10xas long as short
Kraken Futures PF_SHIBUSD+0.0100%1h0.000005975+0.031%$1.2M$1.0M50xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005982+0.151%$3.6M$5.5M10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005979+0.106%$41K$297K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIBshort+0.0100%1h0.000005974+0.017%$12K$6K10x
Binance 1000SHIBUSDT+0.0100%8h0.000005976+0.048%$30.5M$128.2M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005970−0.050%$8.9M$44.9M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005971−0.033%$7.0M$7.0M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005967−0.100%$28.5M$20.0M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005972−0.017%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005974+0.017%$11.4M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005976+0.050%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005974+0.017%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005984+0.184%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005974+0.017%$511$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005972−0.017%$412K$568K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005972−0.017%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000005978+0.078%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005969−0.073%$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000005000−16.290%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005964−0.151%$820K$929K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005966−0.125%$120xas long as short
dYdX SHIB-USD+0.9414%1h0.000005975+0.034%$23K$82K10xas long as short